Palapas Restaurants vs Quaker Steak & Lube Franchise Comparison

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

Start-Up Costs and Fees
 
Palapas Restaurants Franchise
Quaker Steak & Lube Franchise
Investment $750,000 - $2,000,000$1,800,000 - $3,700,000
Franchise Fee $30,000$40,000
Royalty Fee 5%5%
Advertising Fee -3%
Year Founded -1974
Year Franchised -1997
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


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

Training & Support
 
Palapas 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
 
Palapas Restaurants Franchise
Quaker Steak & Lube Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -No

Company Overviews

About Palapas Restaurants

Palapas Restaurant y Cantina is perched atop the Seascape Village and has been an institution in Aptos since opening its doors in 1990. Owners Mark and Kay Holcomb designed the space and menu with the goal of bringing home their beloved experiences vacationing on the coast of Mexico with their family throughout the 80s and 90s. ​Today we aim to capture that nostalgic vacation feeling while highlighting the natural beauty and bounty native to our own locale. This value is present in our locally sourced, fresh seafood, our commitment to local small purveyors, and even our design, which is built to offer an ocean view of the sparkling Monterey Bay from every single table.
Palapas brings the ambiance of tropical Mexico to the Monterey Bay area in a very unique way. In addition to featuring authentic traditional dishes of Mexico, our menu offers the fish, shellfish and sauces of the coasts of both Mexico and California. All of our dishes are prepared "A La Cocina Fresca”- "in the fresh kitchen method” a Spanish phrase that means exactly what it implies… freshly made sauces, handmade corn tortillas and fresh local seafood and produce prepared daily. In addition to creating a menu with many exiting choices, we’re committed to offering our customers healthy dishes with absolutely no use of any lard or animal fat in their preparation. We use rice-bran oil specifically for frying. Contains no trans fat!

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