Ust to bst time. Jiffy Lube is the biggest chain of auto maintenance locations with a quick lube change in the country. Though Jiffy Lube’s most popular service is an oil change, it also offers a variety of other auto maintenance services including repairs to the air filtration, air conditioner, transmission, windshield, cooling system, and fuel system. Additionally, Jiffy Lube locations are certified for emissions inspections.
Owner at Hoffman Car Wash & Jiffy Lube / Hoffman Development Corporation / J.D. Byrider / innovateIT Car Wash Equipment Sally Quenneville Owner, Chantilly/Centreville Jiffy Lube. Jiffy Lube International, Inc. Is an indirect wholly-owned subsidiary of Shell Oil Company.
$219,000 - $400,000
Jiffy Lube seeks franchise owners with manager and interpersonal skills, andpeople who will commit to their tried and true system for pleasing customers.Currently, Jiffy Lube is not expanding internationally, so all franchises mustbe located in the United States or Canada. All of Jiffy Lube’s locations areowned independently by franchisees.
Jiffy Lube Franchise Opportunities - History
Originally, Ed Washburn began franchising car service centers throughout Utahin the 1970s until Jim Hindman, a nursing home tycoon bought out the company.Hindman built the business to about 1,000 shops until Pennzoil bought thecompany in the ‘90s. The company now has over 2,000 locations and is part ofShell Oil subsidiary.
Jiffy Lube Franchise Cost / Initial Investment / Jiffy Lube Franchise
While the franchise fee only $10,000 - $35,000, the total investment for aJiffy Lube franchise runs about $196,500 - $331,500. An ongoing royalty fee of4% is also applied to all sales. Franchise owners must have a net worth ofnearly half a million dollars, with $150,000 of that in liquid assets.
Jiffy Lube Business Opportunities: Other Information
Jiffy Lube uses a signature four step plan when performing an oil change:Change, Inspect, Check/Fill, and Clean. Customers often opt to have otherareas of their car checked out while having their oil serviced.Jiffy Lube also works with independent lube operations to transform theirstore into a national brand that appeals to customers. With Jiffy Lube ontheir side, franchisees receive name recognition, training, and a network ofsupport.Jiffy Lube was ranked #12 in 2012 on the Franchise 500 list.
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Jiffy Lube is listed in the Franchise Directory under the Automotive category. It's also listed in the section for Franchises Under $200,000.
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