How to Start a Franchise with Jiffy Lube International Inc
During this time of crisis, more and more people are now looking for low cost solutions to their problems. With the automotive and housing industry going at the all-time low, people tend to make most to keep their properties running.
This is the best time for you to invest in a fastest-growing industry that is surely recession-free and share the rewards to your family.
Jiffy Lube Int’l Inc., known as the best fast oil change company in the continent, has been in operation since 1979 with more than 2, 200 outlets in the most demographic locations in the United States. With more than 32 million valued customers per annum, the company has earned its status as one of the top 500 companies in the automotive category for the last half decade.
Just like any other well-oiled machine, the company keeps running even if the recession is just around the corner. With a start up cost of $174, 000 to $194, 000 ($35, 000 franchising fee and five percent royalty fee excluded), Jiffy Lube will handle all the training and guidance to your starting business. The company, likewise, offers all eligible franchisees valuable information on how and where to put up the shop. Management skills and service maintenance for your personnel can also be arranged depending on how you wanted your financing.
Getting a license is the breeze. The mother company will take care of all your problems, as long as you can provide the right financing.
With the automotive industry projected going at the all-time high ten years from now, franchising with Jiffy Lube is one sure way to provide growth to your money. More than 120 million cars, according to the company, will need to be serviced by the year 2019 Jiffy Lube is expected to by the largest franchised company-operated service center in the United States. Fast lube category by that time will amount to more than half of the market while the rest of the drivers will be heading to their respective car dealers, out-dated garages, and dysfunctional gas station service.
The company will also provide its franchisees with a powerful advertising tool to attract potential customers in your area, depending on how your area operates.
Gas stations are simply expensive to put up and really not for everyone who wanted to have their own business. At Jiffy Lube, with less than $200, 000 start-up cost, you can be sure that you’ll have your return of investment in no time.
The company also can help you gather more customers by having promotional programs such as “fleet accounts”. This is good for taxi owners in your area and having the patrons that you want.
The opportunities in Jiffy Lube are endless. Earn millions in just a small amount of time.
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