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There's never been a better time to be in business with Jiffy Lube ®. Not only are we the #1 quick lube chain in the nation, we're the top choice for customers looking for an oil change service. Learn more about franchisee opportunities with Jiffy Lube ®.

Jiffy Lube can license another franchisee to open a Jiffy Lube service center or establish or operate a service center at any location outside of this three-mile ring. Franchisees won't have any rights of first refusal or similar rights to acquire a new franchise outside of the three-mile ring.

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. Franchise owners must have a net worth of nearly half a million dollars, with $150,000 of that in liquid assets.

Calculate the start-up costs. Starting a Jiffy Lube franchise generally costs between $220,000 and $400,000, excluding real estate costs. The cost of starting a Jiffy Lube depends on the economy, costs of construction, permitting costs, and materials costs in your area.

How much does it cost to open a Jiffy Lube Franchise? The estimated investment required to open a Jiffy Lube Franchise is between $71,650-$450,000. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Jiffy Lube name.

Jiffy Lube franchise cost can run around $220,000 up to $400,000 or more. The price depends on many factors. Here is the breakdown of the total cost: Initial Franchise Fee – This is the first and foremost cost you will have to make. If you qualify with their requirements, you will have to pay $35,000 for the Jiffy Lube franchise startup fee. This agreement term only lasts for 20-years.

Hindman established Jiffy Lube International, began franchising that same year, and relocated the company’s headquarters to Baltimore, Maryland. Jiffy Lube considers 1979 to be its official founding year with Hindman as its founder. 10. By the end of the 1980s, Jiffy Lube had over 1,000 franchised and company stores across the United States.

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