Smitty's Restaurants vs Quaker Steak & Lube Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Smitty's Restaurants vs Quaker Steak & Lube including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Smitty's Restaurants Franchise
Quaker Steak & Lube Franchise
Investment $400,000 - $600,000$1,800,000 - $3,700,000
Franchise Fee $35,000$40,000
Royalty Fee -5%
Advertising Fee -3%
Year Founded -1974
Year Franchised -1997
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Smitty's Restaurants Franchise
Quaker Steak & Lube Franchise
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
 
Smitty's Restaurants Franchise
Quaker Steak & Lube Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Smitty's Restaurants Franchise
Quaker Steak & Lube Franchise
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
 
Smitty's Restaurants Franchise
Quaker Steak & Lube Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -No

Company Overviews

About Smitty's Restaurants

Today, Smitty's Restaurants is Canada's largest family restaurant chain. Our award-winning menu will introduce you to our diverse menu items, from Smitty's famous buttermilk pancakes and waffles to omelettes, salads, sandwiches, steaks and pastas. Smitty's menu continues to offer an outstanding variety for everyone.              Most Smitty's are fully licensed and many have separate lounges.

"Top
#101 in Canada's Top franchises.

About Quaker Steak & Lube

Founded in 1974 in Sharon, Pa., the Award-Winning casual dining restaurant chain has expanded to more than 60 locations throughout the United States and Canada. Quaker Steak & Lube offers the most differentiated decor, including gas station and motoring memorabilia, classic cars, motorcycles and race cars suspended from the ceiling. Voted Best Wings USA, our concept's varied menu has combined craveable food and high-octane events to create a cult-like fan following. With great new franchise territories available, Quaker Steak & Lube offers America's hottest franchise opportunity while winning hundreds of national and international awards for its innovative menu, unique trade dress, jumbo wings and more than 25 signature wing flavors. What We Offer at Quaker Steak & Lube Franchise * Great new franchise territories available around the country * Multiple revenue streams in each location * Multiple building designs * Wide demographic appeal * Fun casual dining environment * Award-Winning menu * Unique trade dress * Over 25 signature wing flavors * Fresh, never frozen, jumbo bone-in wings