Jiffy Lube® Franchise Cost & Requirements | Jiffy Lube®

The initial start up costs associated with opening a new Jiffy Lube Multicare ® Service center range from $207,000 to $422,650, excluding land. The break down of these estimated costs …

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$207000
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Jiffy Lube® Franchise Cost & Requirements | Jiffy Lube®

1 week from now

The initial start up costs associated with opening a new Jiffy Lube Multicare ® Service center range from $207,000 to $422,650, excluding land. The break down of these estimated costs …

jiffylube.com

$500
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Jiffy Lube Franchise: Key Costs And Requirements

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Qualified candidates should have a minimum net worth of $500K and a minimum liquidity of $250K. Costs to open a Jiffy Lube franchise include: Initial Investments. Initial Franchise Fee: …

franchiseresales.com

$0
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Jiffy Lube Franchise Costs, Fees, Revenues, Profits (2022 Review)

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Jul 5, 2022 · Jiffy Lube’s initial franchise fee, royalty fee, and marketing fee, based on Items 5 and 6 of the company’s 2022 FDD: Initial Franchise Fee: $0 to $35,000. Royalty: for new-to-system …

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$1
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Jiffy Lube Franchise: Average Sales ($1M) Vs. Cost ($207K-$500K)

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Jul 22, 2023 · Section I – Jiffy Lube Franchise Costs. Jiffy Lube franchise costs, based on Item 7 of the company’s 2023 FDD: Initial Franchise Fee: $0 to $35,000. Conversion Fee: $17,500. …

franchisechatter.com

$1543071.57
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Own Big Brand Power | Jiffy Lube Franchise

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The top quartile median is $1,543,071.57 and the top quartile mean is $1,637,906.38. ^ The average annual revenue across all Jiffy Lube stores (1,975), as disclosed in the 2023 Jiffy …

jiffylube.com

$1.04
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Jiffy Lube: $1.04M Average Sales Vs. $207K-$500K Franchise Cost

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Aug 1, 2024 · Section I – Jiffy Lube Franchise Costs. Jiffy Lube franchise costs, based on Item 7 of the company’s 2024 FDD: Initial Franchise Fee: $0 to $35,000. Conversion Fee: $17,500. …

franchisechatter.com

$232000
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Jiffy Lube 2024 FDD – Franchise Information, Costs And Fees

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Investment. The initial investment necessary to begin operation of a new freestanding Jiffy Lube service center ranges from $232,000 to $520,000 (excluding real estate costs) (and the net …

fddexchange.com

$35000
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Jiffy Lube Franchise Cost & Fees | Opportunities And Investment …

1 week from now

Jiffy Lube has the franchise fee of up to $35,000, with total initial investment range of $234,000 to $372,650. Initial investments: $234,000 - $372,650. Net-worth Requirement: $450,000. Liquid …

topfranchise.com

3%
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Start A Jiffy Lube Franchise In 2024 - Entrepreneur

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Dec 12, 2022 · Initial investment. $232K - $443K. Units as of 2024. 2,229 3.3% over 3 years. Jump to Franchising Overview. As an indirect, wholly-owned subsidiary of Shell Oil Company, …

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FAQs about Jiffy Lube® Franchise Cost & Requirements | Jiffy Lube® Coupon?

How do I become a Jiffy Lube franchisee?

To be part of the Jiffy Lube team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. ...

What is the Jiffy Lube royalty fee?

The Jiffy Lube royalty fee is 4% (or 3% if paid on time) of gross sales for the 7th month of operation and onward. For Jiffy Lube Multicare service centers, the monthly royalty fee is reduced by 1% on all tire rubber revenue. ...

How many employees does Jiffy Lube have?

Each Jiffy Lube service center requires a minimum of four employees during operating hours. What Does it Cost to Own a Jiffy Lube Franchise? Qualified candidates should have a minimum net worth of $500K and a minimum liquidity of $250K. Jiffy Lube requires an ASE A5 or Jiffy Lube University A5 certified technician on staff. ...

What percentage of gross sales does Jiffy Lube sell?

Jiffy Lube franchisees pay 4% of gross sales under the standard Franchise Agreement. The Non-Product Supply Franchise Agreement requires 5% of Gross Sales. ...

How long does a Jiffy Lube franchise last?

The Jiffy Lube franchise agreement lasts for 20 years, with a 10-year renewal option. Jiffy Lube uses a four step signature plan when performing an oil change: Change, Inspect, Check/Fill, and Clean. ...