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Below is an in-depth analysis and side-by-side comparison of Quaker Steak & Lube vs Soul De Cuba Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,800,000 - $3,700,000 | $160,350 - $487,000 |
Franchise Fee | $40,000 | $65,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 3% | - |
Year Founded | 1974 | 2005 |
Year Franchised | 1997 | 2009 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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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 |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | No | - |
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
What makes the franchising way of doing business so attractive? For one, franchise owners can build on brand awareness as the franchise system expands. Not to mention, the Soul de Cuba Cafe is a distinctive concept that stands out among typical franchise restaurant offerings. While many people envision themselves owning their own restaurant, a large proportion of them lack the knowledge, skill, and operational experience offered by a franchise company. Following the established Soul de Cuba Cafe system of operation may help reduce your risk. Finally, as a member of the Soul de Cuba franchise family, you'll have the advantage of owning your own business, with the support of experienced restaurateurs behind you every step of the way. Owning a Soul de Cuba Cafe franchise entitles you to a broad spectrum of support services. We are here for you today and tomorrow. You'll receive in-depth training in every aspect of Soul de Cuba's business operations and procedures, including our original, authentic recipes and food preparation techniques. Classroom instruction will cover such areas as administration, sales/marketing and more, plus on-the-job training will provide you with hands-on exposure to day-to-day procedures. Just prior to the opening of your Cafe, we'll send an experienced trainer to assist you. An exceptional operational tool, your operations manual will contain well-organized, detailed information on everything related to the Soul de Cuba Cafe franchise. You'll rely on this comprehensive, "go-to" resource as you start out and in the years to come. We'll provide you with site selection guidelines to help you choose an appropriate location for your Soul de Cuba Cafe franchise. Our marketing support will consist of consumer marketing plans and materials for you to use in your area. We'll also show you how to make the best use of publicity, increase your visibility, and build interest in your Cafe. Plus, the beautiful Soul de Cuba Website serves as an additional marketing tool. We're dedicated to all the members of the Soul de Cuba franchise family and will do everything we can to help you build a strong business. You'll be periodically visited by a Soul de Cuba field representative, and you may also contact us, via phone or email, with any questions you may have. If you're looking for a franchise that speaks to your interest in cross-cultural concepts, Soul de Cuba Cafe may be the right opportunity for you. We're seeking well-traveled individuals who are intellectually curious about world cultures and passionate about serving interesting cuisine. You must possess strong sales and customer-service skills, as well as the ability to build relationships with customers. Soul de Cuba Cafe offers a fascinating journey into the culture, history, and religious influences of Cuba, while providing exquisite food in a fun atmosphere. To learn more about how you may become part of this exceptional concept, contact us at your earliest convenience. We're looking forward to talking with you! 978-886-7908