About Jiffy Lube Int'l. Inc.
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. Jiffy Lube Int’l. Inc. was acquired by Pennzoil-Quaker State Co. in the 1990s, which was then acquired by Shell Oil Company in 2002. Jiffy Lube has franchised locations throughout the U.S. and Canada.
Jiffy Lube® is a leading provider of automotive preventive maintenance. With a national footprint of more than 2,000 franchisee owned service centers across the country, Jiffy Lube offers a range of services from oil changes and tire rotations, to everything in between.
Jiffy Lube technicians are not just highly trained in preventive maintenance, they are also highly trained in customer service. So if you have any questions about vehicle maintenance or the services performed at any Jiffy Lube service center, your technician will help you find the resources and information you need, whether it’s in-store, online or by accessing your vehicle manufacturer’s recommendations. It’s just another way Jiffy Lube strives each and every day to help you Leave Worry Behind® .
DEDICATION TO INNOVATION
Jiffy Lube® pioneered the fast oil change industry more than 35 years ago. Today, more than 20 million customers every year rely on Jiffy Lube to keep their vehicles running the way your vehicle manufacturer intended. It’s the mission of everyone at Jiffy Lube to go beyond oil changes alone, to help alleviate the anxiety that routine vehicle maintenance can bring. Jiffy Lube is committed to keeping your vehicle running right for the long haul, so you can Leave Worry Behind® .
HIGHLY TRAINED IN MORE WAYS THAN ONE
Jiffy Lube® has some of the most highly trained employees in the business. Jiffy Lube University℠, a comprehensive training program that every technician must successfully complete, has been recognized for its robust curriculum and has achieved accreditation as an Automotive Service Excellence (ASE) training provider. So rest assured, Jiffy Lube technicians aren’t just trained in oil change services — they are trained in just about every preventive maintenance service your vehicle may need.
Company Founded
1979
Current Leadership
Edward Hymes, President
Started Franchising
1979 (42 years)
Total Number of Units
2,104 (as of 2020)
Part-Time / Full-Time
Full Time
Stock Ticker Symbol
RDS.A
How Much Does It Cost To Open A Jiffy Lube Int’l. Inc. Franchise?
There are several costs associated with opening a Jiffy Lube Int’l. Inc. franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.
Some franchises may have a weekly fee that the franchisee pays for operating a Jiffy Lube Int’l. Inc. franchise. The weekly fee for opening a Jiffy Lube Int’l. Inc. franchise is Royalty Due On Monthly On The 15Th Day Of Each Month.
The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Jiffy Lube Int’l. Inc. Is Renewable) and does the franchise offer financing support (Jiffy Lube Int’l. Inc. Jiffy Lube Int’l. Inc. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment).
Jiffy Lube Int'l. Inc. Company Details
Here are some additional details about Jiffy Lube Int'l. Inc..
Parent Company | Shell Oil Company |
Initial Investment | $17,500 - $35,000 |
Net Worth Requirement | $500,000 |
Veteran Incentives | Franchise fee waived |
Royalty Fee | 3-4% |
Ad Royalty | 4% |
Cash Requirement | $250,000 |
Term of Agreement | 20 years |
Absentee Ownership | No |
Run from Home | No |
Part Time | No |
Training and Support Offered By Jiffy Lube Int’l. Inc.
Jiffy Lube Int’l. Inc. offers several support options to its franchisees. With 2,104 (as of 2020) units, Jiffy Lube Int’l. Inc. aims to provide support to each franchise owner to help them operate a successful franchise location. Jiffy Lube Int’l. Inc. offers 40 hours on the job training, 20 hours classroom training, and Additional training available additional training.
Training and Support Offered
Here are the support options offered by Jiffy Lube Int'l. Inc..
On-The-Job Training | 40 hours |
Classroom Training | 20 hours |
Additional Training | Additional training available |
Ongoing Support |
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Marketing Support |
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Is Jiffy Lube Int’l. Inc. Right For You?
Jiffy Lube Int’l. Inc. has gone digital! Here are all of the ways you can find Jiffy Lube Int’l. Inc. online. Oftentimes, you can reach out to current franchisees of Jiffy Lube Int’l. Inc. online. Current franchisees may be able to offer personalized insights into what it is like owning a Jiffy Lube Int’l. Inc. franchise and offer tips to running a successful Jiffy Lube Int’l. Inc. franchise location.
Why Should You Start a Jiffy Lube Int’l. Inc. Franchise?
Investing in a Automotive franchise such as Jiffy Lube Int'l. Inc. can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Jiffy Lube Int'l. Inc. franchise and we'll be in touch soon!