Start-Up Costs and Fees |
||
| Best of Mediterranean | Quaker Steak & Lube | |
| Investment | 126300 - 574700 | 1800000 - 3700000 |
| Franchise Fee | ||
| Royalty Fee | 4% | 5% |
| Advertising Fee | 3% | |
| Year Founded | 0 | 1974 |
| Year Franchised | 0 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Best of Mediterranean | Quaker Steak & Lube | |
| Experience | Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service | |
Financing Options |
||
| Best of Mediterranean | Quaker Steak & Lube | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Best of Mediterranean | Quaker Steak & Lube | |
| Training | Available at headquarters: 8-10 weeks. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | ||
Expansion Plans |
||
| Best of Mediterranean | Quaker Steak & Lube | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Best of Mediterranean | |
| Quaker Steak & Lube | |
| Franchise Fee | |
| Best of Mediterranean | |
| Quaker Steak & Lube | |
| Royalty Fee | |
| Best of Mediterranean | 4% |
| Quaker Steak & Lube | 5% |
| Advertising Fee | |
| Best of Mediterranean | |
| Quaker Steak & Lube | 3% |
| Year Founded | |
| Best of Mediterranean | 0 |
| Quaker Steak & Lube | 1974 |
| Year Franchised | |
| Best of Mediterranean | 0 |
| Quaker Steak & Lube | 1997 |
| Term Of Agreement | |
| Best of Mediterranean | 10 years |
| Quaker Steak & Lube | |
| Renewal Fee | |
| Best of Mediterranean | |
| Quaker Steak & Lube | |
Business Experience Requirements |
|
| Experience | |
| Best of Mediterranean | |
| Quaker Steak & Lube | Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service |
Financing Options |
|
| Franchise Fees | |
| Best of Mediterranean | |
| Quaker Steak & Lube | |
| Start-up Costs | |
| Best of Mediterranean | |
| Quaker Steak & Lube | |
| Equipment | |
| Best of Mediterranean} | |
| Quaker Steak & Lube | |
| Inventory | |
| Best of Mediterranean | |
| Quaker Steak & Lube | |
| Receivables | |
| Best of Mediterranean | |
| Quaker Steak & Lube | |
| Payroll | |
| Best of Mediterranean | |
| Quaker Steak & Lube | |
Training & Support |
|
| Training | |
| Best of Mediterranean | |
| Quaker Steak & Lube | Available at headquarters: 8-10 weeks. |
| Support | |
| Best of Mediterranean | |
| Quaker Steak & Lube | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Best of Mediterranean | |
| Quaker Steak & Lube | Co-op advertising, National media, Regional advertising |
| Operations | |
| Best of Mediterranean | |
| Quaker Steak & Lube | |
Expansion Plans |
|
| US Expansion | |
| Best of Mediterranean | |
| Quaker Steak & Lube | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Best of Mediterranean | |
| Quaker Steak & Lube | |
| International Expansion | |
| Best of Mediterranean | |
| Quaker Steak & Lube | Worldwide, |