Applebee's vs Quaker Steak & Lube Franchise Comparison

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

Start-Up Costs and Fees

 
Applebee's Franchise
Quaker Steak & Lube Franchise
Investment $2,009,038 - $8,267,250$1,800,000 - $3,700,000
Franchise Fee $35,000$40,000
Royalty Fee 4% initially, 5% possible after5%
Advertising Fee not less than 4%3%
Year Founded 19801974
Year Franchised 20141997
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Applebee's Franchise
Quaker Steak & Lube Franchise
Experience Our Ideal Franchise Partner -Is committed to a long term franchise relationship built on trust and respect -Knows how to build a brand -Understands that accessible pricing and value are core components of casual dining -Has prior hospitality experience or knowledge, particularly in critical areas like supply chain, quality assurance, real estate development, and marketing -Has or will have infrastructure dedicated to the development of our brand -Has material liquidity and net worth, with access to capital -Has a track record of developing multi-unit restaurant systems

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

 
Applebee's Franchise
Quaker Steak & Lube Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Applebee's 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

 
Applebee's Franchise
Quaker Steak & Lube Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion YesNo

Company Overviews

About Applebee's

Applebee's is the largest casual dining chain in the world with sales of $4.7 billion in 2006. Already the business staple of friendly casual dining, Applebee's is pursuing expansion opportunities, and is looking for individuals/firms with a serious interest in developing our successful brand internationally. For years Applebee's has embraced neighborhood culture, providing high-quality food and drinks in a friendly and informal atmosphere. Compared to the competition, Applebee's consistently delivers food to the consumer faster as well as more affordably. We plan to take this same mantra abroad, creating a warm, inviting dining experience designed around location-specific demographics and customer preference information.

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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