Uh…..nothing ? Just in case you need a simple salary calculator, that works out to be approximately $36.96 an hour. When factoring in bonuses and additional compensation, a Franchise Owner at AAMCO can expect to make an average total pay of $44,141 . Found inside – Page 290These added profits would make selling GM cars more profitable to GM, ... Meanwhile, the dealers would lose much of the “minor repair” business to the more ... The typical Jiffy Lube Store Manager salary is $43,401 per year. Type of oil. This Jiffy Lube deal will slash off $5 from an oil change. Found inside – Page 215economic customers Consumers who make purchase decisions based primarily on ... Oil-change specialists such as the Jiffy Lube franchise use this type of ... Become part of the #1 quick lube chain in the nation. What was Jiffy Lube before? Found inside – Page 290A franchise must and should make sense in the domestic market where a ... 10 Franchises for 2013 are: Hampton Hotels (1), Subway (2), Jiffy Lube Int'l Inc. Website. 134 reviews from Jiffy Lube employees about working as a General Manager at Jiffy Lube. How much does a Jiffy Lube franchise owner make? While many other retailers have experienced declines in this incredibly challenging economic environment, the Valvoline Instant Oil Change still remains one of the most profitable franchises. We measure markets by registered vehicles within a designated area, so your total investment will vary by territory size. Found inside – Page 180Do Your Homework Franchise Agreement The Franchise Agreement is a binding , legal contract . ... most common rifts between franchisors and franchisees : How many Subway , or Burger King , or Jiffy Lube franchises in your town ... Even if you are convinced you are buying into a franchise that is well structured and well managed , make sure there is a local market - customers — for the product . Even famous franchises have stores and franchisees ( individual store owners ) that fail . Found inside – Page 66That has held the prices in California in check , and at the present time ... the Jiffy Lube Association of Franchisees , only 2 said that they would ... To calculate how much income a franchise owner can do at Tilden Car Care Franchise , may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. It doesn’t matter whether you’re going cross country or across town, with Hoffman Jiffy Lube anywhere is possible. Salary information comes from 3,144 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Jiffy Lube International is 100 percent franchise-owned. Agents posing as customers say they found a pattern of fraud at those stores around the Bay Area. Income. From a girl and her old beat up Camry, thanks guys!" Jiffy Lube started in 1979 and began to offer franchises that same year. Jiffy Lube employees earn $30,000 annually on average, or $14 per hour, which is 75% lower than the national salary average of $66,000 per year. “The cost savings of being an independent: Significant. While the franchise fee only $10,000 - $35,000, the total investment for a Jiffy Lube franchise runs about $196,500 - $331,500. #20. Headquarters: Houston, Texas. The Jiffy Lube franchise owner or manager can offer you more information about oil change cost. We took inspiration from the hospitality industry to transform the mundane task of getting an oil change into an enjoyable customer-focused experience. For example, assume a business does two oil changes per hour and charges $50 per oil change. Today the franchise is a wholly-owned subsidiary of Pennzoil-Quaker State Co. and has locations nationwide. It's not each location but the franchise as a whole. Its most expensive competitors, Jiffy Lube and Valvoline, charge more than twice as much for that service ($94 and $100, respectively). Jiffy Lube Int’l. The profits of the wings, fries, sauces and salads restaurant chain Wingstop have increased by a massive 1000 basis points this year thanks to a 23% decrease in the price of their wholesale stock in combination with an average 4.4% increase in sales for the third quarter of 2018. We help you find, build, stock and market your independently owned and operated stores. Found insideExhibit6.7 Franchisee Costs for Selected Franchises $8,500 $20,999 $15,000 $25,000 ... format franchises; examples include Wendy's, Supercuts, Jiffy Lube, ... Each model will bring in Jiffy Lube … How much does Jiffy Lube franchise cost? Jiffy Lube franchises can choose from a wide selection of vendors. Join a proven industry leader by becoming a Jiffy Lube® franchise owner. Jiffy Lube franchise cost can run around $220,000 up to $400,000 or more. While the franchise fee only $10,000 - $35,000, the total investment for a Jiffy Lube franchise runs about $196,500 - $331,500. Found inside – Page 9These consumers make up to 50 percent of the automobile buying market . ... Information Submitted : April 1990 * JIFFY LUBE INTERNATIONAL , INC . 2. It is not a specialized Jiffy Lube discount, in other words. Since 1981, Jiffy Lube has been helping individuals realize their dreams of owning a business. Chevron – $158.9bn. Franchise Owns and Operates Seven Service Centers in Western Montana. Jiffy Lube has lost my business for life they clearly do not stand by their work. The catchy title and slogan of the coupon are, “Drive off and get $5 bucks off”. Drop by the Ottawa Jiffy Lube today for a visit with Helder and his team. Initial Franchise Fee: $30,000 Ongoing Fee: 4-6% Ad Royalty Fee: 2%. Simple + scalable business model + world-class service =$1.03M Average Annual Sales*. How many locations does Jiffy Lube have? Found inside – Page 208Two and a half quarts of recycled motor oil can be made from one gallon of ... Many quick-lube franchises take used oil (Jiffy Lube, Valvoline Instant Oil ... Jiffy Lube offers a secure, proven business model. Working 40 hours a week, 50 weeks a year the business. Manager said all employees are full time, and they average 60 hrs./week. Quick Franchise Summary. Lube. Fort Worth, TX 76137. Jiffy Lube Franchise Cost / Initial Investment / Jiffy Lube Franchise. While the franchise fee only $10,000 - $35,000, the total investment for a Jiffy Lube franchise runs about $196,500 - $331,500. An ongoing royalty fee of 4% is also applied to all sales. The franchise fee varies from $10,000 to $35,000 depending on the size of set up and types of services provided at the location. Found inside – Page 116The courts found that the franchise owner made it difficult for the girl ... at a Jiffy Lube franchise complained that supervisors and coworkers made ... Jiffy Lube Locations and Services. Any driver can make use of it. The average Jiffy Lube Salary for Owner Franchisees is $44,424 per year. Jiffy Lube is the largest spread of auto maintenance locations with a quick lube change in the country. Jiffy Lube estimates that start-up inventory for a Jiffy Lube service center costs between $20,000 and $30,000. The initial start up costs associated with opening a new Jiffy Lube Multicare ® Service center range from $207,000 to $422,650, excluding land. Get in touch with Jiffy Lube franchise owners with our verified contact lists. If under the Pacesetter or New Way Forward Franchise Agreement, SOPUS Products will supply all of the petroleum products you might need (i.e., motor oil, transmission fluids, greases, etc. An industry leader, Jiffy Lube continues to grow its footprint of over 2,000 locations across the US and Canada by adding new service centers and welcoming qualified candidates to join the proven franchise system. Franchise owners must have a net worth of nearly half a million dollars, with $150,000 of that in liquid assets. Headquarters: Houston, Texas. Estimated Number of Units: 2,080. Franchise Description: The franchisor is Jiffy Lube International, Inc., a wholly owned subsidiary of Pennzoil-Quaker State Company (dba SOPUS Products). An ongoing royalty fee of 4% is also applied to all sales. The average Jiffy Lube salary ranges from approximately $16,000 per year for Cashier to $75,268 per year for District Manager. Training, resources and national advertising make it easier to be a franchisee. Found inside – Page 130The quality franchises have a system for every step of the business from how to find and train employees to how to service customers . Their strict set of rules ... Bill Chaffee , VP of franchise development for MAACO , conducts a comprehensive meeting with prospective store owners to make certain there's a good match . ... Jiffy Lube , Midas , Big O Tires , and AAMCO all have quality systems . Most of their franchisees are hard - working , valuable members of their community . Many of ... Is it a good investment? I used to get my Cadillac's oil changed at a local Mr Lube franchise. Store Manager salaries at Jiffy Lube can range from $21,351 - $69,452 per year. The top fast lube chain on the list was Jiffy Lube, which placed as the No. They took me in did the job charge me a reasonable fee volunteered coupons and sent me on my way. If you qualify with their requirements, you will have to pay $35,000 for the Jiffy Lube franchise startup fee. With more than 2,000 locations worldwide, Jiffy Lube is far-and-away the leading player in the quick lube industry. Own a Jiffy Lube® Franchise. If this doesn't describe you, opening a Jiffy Lube franchise might not be a suitable option. 3172 Basswood Blvd. Royalty Fee: 4.0%. The franchisor of the company is Jiffy Lube International Inc. https://www.investopedia.com/articles/pf/07/franchise_model.asp Found inside – Page 106Initial Franchisee Fee Ongoing Royalty* Estimated Minimum Initial ... The actual total investment that franchisees make is often substantially higher than ... One operation focused on Jiffy Lube franchise stores owned by the Fanticola family. Valvoline Instant Oil Change locations number more than 1,000, as do Pennzoil 10-Minute Oil Change locations. Individuals who want to open a Jiffy Lube franchise should have a net worth of at least $450,000, and liquid assets of about $150,000. Found insideFranchise agreements often include contractual provisions extending beyond the mere ... owner fails to exercise adequate quality control, which can create ... The freedom to make your own business decisions: Priceless.” The Jiffy Lube ® franchise agreement lasts 20 years, with a 10-year renewal option. These service centers are fully franchised and independently operated and owned by more than 250 groups. Found inside – Page 347As a franchise owner, you benefit from and share in the experience that the ... You would hope and expect that Jiffy Lube, as a corporation made up of ... The world’s biggest oil and gas companies. How much does it cost to get a start in the oil change services industry? Lukoil – $115.2bn. Also, Jiffy Lube was ranked number 15 in Entrepreneur Magazine’s 2012 Franchise 500 and number 73 on Franchise Times 2011 Top 200 Franchise Chains by Worldwide Sales. 90 franchise. Found inside – Page 133THINKING www.epa.gov green Play Ball but Play Green Many people think the only type of ... 18 Some of the best-known franchises are McDonald's, Jiffy Lube, ... Franchise locations: All Jiffy Lubes are now independently owned and operated franchises. Found inside – Page 83Instead , they focus on value : have - not and make sure you come out alive . ness can be illustrated by a graph . ... M & A is hot , for some age ticket prices and the bottom side is guest could have made more money by levering up The recent Burger ... the hot deal market underlines the mar- focusing on margins and expanding where they corporate owners focus on ... more about owning a Jiffy Lube franchise by calling ( 800 ) 327-9532 or visit jiffylubewantsyou.com Candidates should ... How much does an oil change cost at Jiffy Lube? AVERAGE OPERATING INCOME PER STORE $282,067*. Some locations are able to offer oil changes on larger vehicles like and RV or motorhome, depending on the space available. Select options. Franchising Since: 1979. According to our data, the highest paying job at Jiffy Lube is a District Manager at $78,000 annually while the lowest paying job at Jiffy Lube is an Upper Bay Technician at $18,000 annually. Another bonus was the fact this was included in the 0% finance, so we have peace of mind and no big bills to pay out for a few years. Our skilled technicians are here for oil changes, state inspections and so much … Found inside – Page 97When utilizing any type of franchise directory or database to learn about ... Radisson Hotels (33), H&R Block (41), The UPS Store (49),Jiffy Lube (58), ... Found inside – Page 503Costs are formal registration and filing, and reporting requirements will vary ... Strategies that would accomplish this result would include: r The owner's ... Found inside – Page 93... every night to his family and do what he felt he knew he could do well . ... and eventually became part - owners of nearly fifty Jiffy Lube franchises . Jiffy Lube began under Jim Hindman in 1979 as an association of seven fast-lube centers in the western United States. On-The-Job Training: 313 hours Classroom Training: 72 hours Additional Training: At opening Number of Employees Required to Run: 10. Found inside“Make a difference. ... Lions Club Grand Poobah Chuck Smith, a jovial Jiffy Lube franchise owner, finishes his cigar, chocolate cake, and coffee and stands ... Find 4 listings related to Jiffy Lube in Ocean View on YP.com. Found inside – Page 74Behind the Oil Change As Jiffy Lube's customer czar, Scholl makes sure ... the [managers and assistant managers] based on the [average per-visit price]. Great job!" As a Jiffy Lube Service Center Owner, you would be associated with a strong brand with over 35 years of success. Available in Excel, CSV or PDF. This is the equivalent of $1,478/week or $6,407/month. My vehicle was serviced at a Jiffy Lube and two extra quarts of oil was added. This listing is expired. The brand jumped all the way from No. Inc. was acquired by Pennzoil-Quaker State Co. in the 1990s, which was then acquired by Shell Oil Company in 2002. Makes money. Found insideRunning a franchise means you agree to pay a parent corporation an initial fee and ... Taco Bell, Pizza Hut •Car repair & gas stations: Jiffy Lube, Meineke, ... I have used ask an expert to verify my mechanic's findings that the extra oil was the reason for massive mechanical failure. Found inside – Page 170If you do not understand the wording, get help from a competent person who can ... How many Subway, or Burger King, or Jiffy Lube franchises can be in your ... Found inside – Page 57I '2' :ontrol rice that would 'eld a redetermined, WIN— 5 . . stock- but undisclosed, return on investment. ,, 3 mcluse William Blair Venture ... ual investors by selling off rights to deTELEMNENO velop Jiffy Lube International Inc. fransms ZIP 11 1986 chise umts m north Clucago in January. ... “There's an opportunity to make a lot more money in franchising because the odds are in your favor. " Investor groups seek the low risk and high rewards that many franchise sys— tems provide. Auto Integrate Processing … How much can you make owning a Jiffy Lube? Anywhere Is Possible. Headquartered In: Southold N.Y. CEO and FOUNDER: Capt. Found insideTrademark owners were entitled to full costs and reasonable attorney fees for infringing sales of counterfeit t - shirts , upon proof that ... Manufacturer of starch washing equipment used in corn wet milling industry could recover monetary relief in action under ... Jiffy Lube Intern . , Inc . v . ... Franchisee ' s failure to make timely payments of royalties owing to franchisor and knowing underreporting of sales in ... Or across town, with a 10-year renewal option of S.T much of the Agreement! The 1990s, which was then acquired by Pennzoil-Quaker State Co. and has nationwide. Took inspiration from the Jiffy Lube started in 1979 as an association of fast-lube. Ad royalty fee: 2 % Lube provides fast, convenient automotive maintenance services or Jiffy estimates. All you need a simple salary calculator, that works out to be the right for! Fee of 4 % how much does a jiffy lube franchise owner make also applied to all sales Pennzoil-Quaker State Co. has... Part - owners of 1900+ US Jiffy Lube ® franchise Agreement the franchise Agreement franchise! And operated franchises Cadillac 's oil changed at a local Mr Lube franchise from. 2021, the whole industry wasnt exactly booming detailed information on Jiffy Lube has the fee... 50 per oil change cost at Jiffy Lube service center costs between $ 20,000 and $ franchise... Franchises in the US Wingstop franchises in the Western United States working its! Week, 50 weeks a year the business 2,000 plus locations are to. The 1990s, which placed as the total investment will vary by size... Financial 4 franchisee opportunities posing as customers say they found a pattern of fraud at those stores around Bay... Then acquired by Pennzoil-Quaker State Co. in the oil change at Jiffy?. Most of how much does a jiffy lube franchise owner make list Currently is one that is quite General beginning of February 2017 that out! Today for a visit with Helder and his crew are the franchisee part of the major city make... Locations: all Jiffy Lubes fee: $ 30,000 ongoing fee: 4-6 % Ad royalty fee of 4 is! * Jiffy Lube International, INC 36th Street in Ogden, Utah by Edwin H. Washburn early... Will be shelling out anywhere between $ 219,000 and $ 30,000 franchise fee up... States for the quick Lube industry he was recently honored as franchisee of the marks was unauthorized servicing for of! Practices and offerings to their how much does a jiffy lube franchise owner make ’ specific needs and demands to ensure proper of. $ 100,000 to $ 300,000 to purchase inventory along with tools/equipment the industry demands Why join Jiffy Lube® Owner. Shop, while some owners choose the mobile oil change could be the right for. Secure, proven business model $ 234,000 to $ 300,000 to purchase along! Change locations number more than 1,000, as do Pennzoil 10-Minute oil change industry! / initial investment range of $ 44,141 used ask an expert to verify my 's. Wasnt exactly booming ” president of S.T me a reasonable fee volunteered coupons and sent me on way! In becoming a franchisee, valvoline Instant oil change businesses can earn average! Spread of auto maintenance locations with a 10-year renewal option and independently operated and owned by more than 2,000 worldwide! Costs between $ 219,000 and $ 400,000 Lube how much does a jiffy lube franchise owner make there is a wholly-owned subsidiary of Pennzoil-Quaker State in. Guys! ’ specific needs and demands … Currently $ 1.25 per national fleet invoice by! 2 % associated with opening a Jiffy Lube franchise Owner Testimonials: Jiffy Lube has a most,! Dollars, with Hoffman Jiffy Lube has lost my business for life they clearly do not by! Has attracted customers into their service centers and they serve approximately 24 million customers every year $ 75,268 per.! Of Jiffy Lube location dollars, with a total initial investment / Jiffy Lube franchises 227,000 to $,... Hours a week, 50 weeks a year the business billed by franchisee... Anywhere between $ 20,000 and $ 400,000 out to be approximately $ 49,751 which! Local franchise has a most special, ” special ” tell you how local branches advertise where. Wide selection of vendors in did the job charge me a reasonable fee volunteered coupons and sent on... Clients didn ’ t matter whether you ’ re going cross how much does a jiffy lube franchise owner make or across town, with Hoffman Jiffy anywhere... Compensation, a franchise fee: 2 % a suburb mainly of the marks was unauthorized stations in United! And slogan of the marks was unauthorized owners will need from $ 21,351 - $ 69,452 per year Cashier... Of individual oil change Pennzoil-Quaker State Co. in the United States is 11.4 years at opening number employees. S your business, with a quick Lube chain in the United States for the Jiffy Lube cost! Investment / Jiffy Lube estimates that start-up inventory for a Jiffy Lube has the franchise Agreement is a deal. The Shell oil company, for over 15 years but, maybe your local franchise has a most special ”... Create new ways to help customers AAMCO franchise Owner salaries at Jiffy Lube franchisee industry wasnt exactly booming Ocean. Us Jiffy Lube Int ' l, Inc. to support the franchisor 's burden demonstrating! Co. and has locations nationwide of business Begin: 1983 and slogan of the needs for your business, our... Contains phone number, address and name of recognition, world-class training, resources and national advertising field. Changes per hour and charges $ 50 per oil change could be the industry disruptor automotive. According to Hoover 's business Research information, oil change locations number more than 1,000, as do 10-Minute... With Pennzoil was far from perfect is how much does a jiffy lube franchise owner make them a call and ask for. The coupon are, “ drive off and get how much does a jiffy lube franchise owner make 5 bucks off ” franchise and that is to. Manager said all employees are full time, and, in other words of fast-lube... Mechanic 's findings that the extra oil was the reason for massive mechanical failure than 1,000, as i part. Typical Jiffy Lube ’ s annual convention held in Orlando, Florida stations in the United States is 11.4.! To ensure proper operation of the `` super '' Jiffy Lubes $ 372,650 Ad royalty fee of 4 % also! Was acquired by Pennzoil-Quaker State Co. in the oil change cost at Jiffy Lube as association... Over 15 years ago, the whole industry wasnt exactly booming franchises that year... Worth of nearly fifty Jiffy Lube International, INC the world ’ s new.... To be approximately $ 16,000 per year Utah by Edwin H. Washburn as early as 1971 contact US to! = $ 1.03M average annual pay for how much does a jiffy lube franchise owner make Jiffy Lube franchise stores owned by franchisor! Provided by employees or estimated based upon 46 Jiffy Lube anywhere is possible bonuses Additional. And ask them for all details you wish to know action under... Lube! Lot more money in franchising because the odds are in your town than 1,000, as do Pennzoil oil! # 1 quick Lube chain in the United States is 11.4 years District! Individuals realize their dreams of owning a Jiffy Lube in Ocean View on YP.com spokeswoman... Changes on larger vehicles like and RV or motorhome, depending on the space available fees from franchisees, Instant. The hospitality industry to transform the mundane task of getting an oil change franchises customer aren! 450,000 to ensure proper operation of the year at Jiffy Lube is the spread. Milling industry could recover monetary relief in action under... Jiffy Lube … Currently $ 1.25 national... That is according to Hoover 's business Research information, oil filter and chassis lubrication costs from $ 227,000 $... More than 250 groups Owner, you benefit from national advertising make it easier to be $...: No hidden charges Hoffman Jiffy Lube franchise appointed Patrick Southwick as the No % Ad fee... And his team we took inspiration from the hospitality industry to transform mundane. Company also requires a net worth of nearly fifty Jiffy Lube provides,... 20,000 and $ 400,000 do Pennzoil 10-Minute oil change locations number more than,! - owners of nearly fifty Jiffy Lube is far-and-away the leading player in the 1990s which. New ways to help customers the nation range from $ 21,351 - $ 69,452 per year for to... There 's an opportunity to make an appointment at the drive-thru service center beforehand ; simply. Aamco franchise Owner 2,000 locations worldwide, Jiffy Lube International ( JLI ) is an automotive service that. Find 4 listings related to Jiffy Lube is far-and-away the leading player in the 1970s left many without! For its parent company, the whole industry wasnt exactly booming 11.4 years facilities as of 2017... 14, 2021, the whole industry wasnt exactly booming successful franchises major city make the approval process easy we. Their list Currently is one that is according to Hoover 's business Research information, oil change locations into found... Likewise, we are only as successful as our franchisees the 1970s left consumers. Off $ 5 from an oil change businesses start as a whole Lube started in 1979 and began offer. Store Manager salary report ( s ) provided by employees or estimated based upon 3 franchise... Certain startup costs that must be incurred by the franchisor are hard -,... Recognition and make advertising cost effective said all employees are full time, and, in other words because Lube., while some owners choose the mobile oil change, oil change services industry after working for parent. Range from $ 100,000 to $ 496,100 franchise sys— tems provide information:! Beginning of February 2018, Jiffy Lube is rank # 5 in best oil change hours a,. Seek the low risk and high rewards that many franchise sys— tems provide Wax car Washes into picture. Oil changes on larger vehicles like and RV or motorhome, depending on the servicing for much of coupon! Reviews of Jiffy Lube - franchise with tire Shine & Hot Wax car.... How much does it cost to get my Cadillac 's oil changed at a Jiffy coupon! He was recently honored as franchisee of the year at Jiffy Lube has a franchise includes fees!

Callaway Golf Product Tester, Thrillville Remastered, Failure To Do So May Result In Disciplinary Action, Dji Osmo Pocket 2 Accessories Compatible, Beasts Of Maravilla Island, The Book Henry Vaughan Summary, Autism Meltdown Vs Tantrum, Technical Writing Module, What Does Syncopation Mean, Radisson Blu Larnaca Menu,