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Updated RecentlyJiffy Lube vs Multistate Transmission Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jiffy Lube vs Multistate Transmission including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $207,000 - $422,650 | $147,554 - $178,840 |
| Franchise Fee | $17,500 - $35,000 | $30,000 |
| Royalty Fee | 3-4% | 7% |
| Advertising Fee | 1.5% | $100/ mo. |
| Year Founded | 1979 | 1973 |
| Year Franchised | 1979 | 1973 |
| Term Of Agreement | 20 years | 20 years |
| Term Of Agreement | 20 years | 20 years |
| Renewal Fee | $17.5K | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Available at franchisee's location, Additional training available On-The-Job Training: 10-40 hours Classroom Training: 40 hours | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
| Operations |
80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)
| - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Jiffy Lube
The decline of full-service gas stations in the 1970s left many consumers without their traditional sources for oil changes. Jiffy Lube began under Jim Hindman in 1979 as an association of seven fast-lube centers in the western United States. Today the franchise is a wholly-owned subsidiary of Pennzoil-Quaker State Co. and has locations nationwide.
Take the worry out of forging ahead on your own by having a support team behind you. As the pioneer and leader of the quick lube industry, Jiffy Lube International knows what works and what doesn't. Jiffy Lube International focuses on elements critical to business operations, in addition to offering innovative programs to help attract and retain customers. The Jiffy Lube Franchise model has been helping business owners successfully run their own businesses since 1979.
If you have strong interpersonal skills, the ability to manage and motivate employees, and the desire to learn and follow a proven system that emphasizes value and customer satisfaction, let us work with you to turn your dreams into reality.
Already Own a Quick Lube Location?
Jiffy Lube could be a perfect fit for you if you already own a quick lube location and are looking for ways to expand your business and attract more customers. You already have the pieces in place, and now you could leverage the brand strength of the industry leader. Many quick lube owners come to us because they can't quite figure out how to take their business to the next level. Jiffy Lube can help.
Benefits to joining the #1 brand in the quick lube market:
*Brand recognition
*Comprehensive training
*Proven systems
*National fleet services
*Network of support
Seeking new franchise units throughout the U.S. , Canada and South America
Veteran Incentives Franchise fee waived
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#116 in Canada's Top franchises.
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#48 on Franchise Rankings.com
#70 in Franchise 500 doe 2020.
About Multistate Transmission
Multistate Transmission is part of Transmission USA and Moran Industries, Inc.,one of the largest automotive aftermarket franchisors in the industry. * Specializing in transmission and drive train maintenance repair, rebuilds and replacement. * Consistently ranked as one of the top automotive repair franchises in Entrepreneur Magazine Franchise 500 and honored as a Top Military Friendly Franchise by GI Jobs Magazine