The Jiffy Lube franchise is a leading provider of automotive preventive maintenance. With a national footprint of more than 2,000 franchisee-owned service centers, the company offers a wide range of services from oil changes to tire rotations, and everything in between.

Jiffy Lube was a pioneer in the fast oil change industry more than 35 years ago.  Today, its highly-trained technicians serve over 20 million customers every year.

How Many Jiffy Lube Franchise Locations Are There?

There are over 2,000 Jiffy Lube service centers around the United States and 100% of them are franchise owned and operated.

Jiffy Lube franchisees are protected by a three-mile non-compete ring. As long as a prospective Jiffy Lube location is outside of that three-mile radius, the area is open for new development discussion.

Jiffy Lube also has service centers in Canada, and the brand says it is always open to discussions regarding expansion.

Are Jiffy Lube Franchises Profitable? 

According to Item 19 in the brand’s Franchise Disclosure Document, the following data includes sales of franchised stores for the 2022 calendar year. All franchised service centers which were open for 12 full months in 2022 are included in this data.

Annual Sales (2022)

• First Quartile (490 stores) 
  • Low: $135,538.19
  • Average: $526,995.47
  • High: $677,494.26
  • Median: $546,292.04
  • Number/Percent Above Average: 286/57.9%
• Second Quartile (489 stores)
  • Low: $677,964.54
  • Average: $796,507.38
  • High: $916,952.69
  • Median: $794,342.59
  • Number/Percent Above Average: 245/49.6%
• Third Quartile (491 stores) 
  • Low: $916,962.87
  • Average: $1,053,274.49
  • High: $1,215,543.68
  • Median: $1,040,965.38
  • Number/Percent Above Average: 223/45.2%
• Fourth Quartile (505 stores)
  • Low: $1,215,547.81
  • Average: $1,637,906.38
  • High: $3,850,421.22
  • Median: $1,543,071.57
  • Number/Percent Above Average: 186/37.7%
• System (1,975 stores)
  • Low: $135,538.19
  • Average: $1,008,617.92
  • High: $3,850,421.22
  • Median: $923,290.81
  • Number/Percent Above Average: 815/41.3%

What Is Jiffy Lube’s Business Strategy?

The Jiffy Lube franchise agreement is 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. Customers often opt to have other areas of their vehicle checked out while having their oil serviced.

Jiffy Lube requires a minimum of four employees during operating hours. Each service center is  required to have an ASE A5 or Jiffy Lube University A5 certified technician on staff.

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.  Costs to open a Jiffy Lube franchise include:

Initial Investments

• Initial Franchise Fee: $35,000
• Conversion Fee: $17,500
• First Month’s Rent and Security Deposit: $16,000–$40,000
• Equipment, Signs and Fixtures: $125,000–$325,000
• Initial Inventory: $20,000–$30,000
• Opening Marketing Expense: $15,000–$20,000
• Insurance: $10,000–$20,000
• Training Expenses Incurred By Franchisee or Employees: $1,000–$5,000
• Additional Funds (Working Capital) - 6 Months: $45,000
• Growth Funding: $77,350
• Estimated Total: $207,000–500,000

Other Fees

• Royalty
  • For new-to-system locations:
    • 0% of gross sales for the first 6-month period of operation and 4% f(or 3% of gross sales if you pay the royalty on or before the due date) for the 7th month of operation onward.
  • In addition, the monthly royalty fee will be reduced by 1% on all tire rubber revenue for Jiffy Lube Multicare service centers.
• POS Support Charge: The then-current fee, which will not exceed $160 per month per POS System installed, unless approved by TSAB or required under contract with Jiffy Lube’s POS System support provider that has been approved by the franchisor and the TSAB.
• Hardware Support: Currently $68 per month.
• Training Expenses: Currently, $75 per person, depending on the type of training elected.
• Fleet Processing Charge: An amount the franchisor may specify at times during the term of the Franchise Agreement. Currently, $1.25 per national fleet invoice is billed by the franchisor.
• Auto Integrate Processing Charge: Any amount the franchisor may specify at times during the term of the Franchise Agreement. Currently, $0.065 per fleet invoice is automatically approved by the Auto Integrate fleet invoice verification program.
• Jiffy Lube Multicare National Warranty Program: $7 a month
• Audit Expenses: Expenses the franchisor incurs in the course of auditing the franchisee’s books or financial records.
• Service Charges: The lesser of (a) 2% per month or (b) the highest rate permitted on all past due amounts.
• Transfer Fee: $3,500 plus the franchisor’s actual expenses.
• Renewal Fee: $10,000 for the renewal term, subject to adjustment using the Consumer Price Index.
• Relocation Fee: $7,500
• National Advertising Fund: $1.5% of gross sales
• Local/Cooperative Advertising: 2.5% of gross sales
• Local Advertising: 5% of gross sales
• Min. Advertising: 4% of gross sales
• BTS Development Reimbursement: $25,000

More Jiffy Lube franchise information

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