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Franchise Quaker Steak & Lube

Investments

$473,500

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Short information

$473,500

$473,500

Investments

$500,000

$500,000

Minimum Cash

3

3

Wishing to buy

1974

1974

Year Brand Started

50

50

Offices

1997

1997

Year Franchising Started

Franchise Quaker Steak & Lube

Investments

$473,500

Offices

50

Franchise Fee

$30,000 - $40,000

Short information

1974

Year Brand Started

1997

Year Franchising Started

About Franchise

It’s like no other eating place in the world - A fun family casual restaurant that combines over-the-top décor, fun to eat food and traffic-building promotions that make each day a special event!

As one of the most brand-differentiated restaurants in fun family casual, Quaker Steak & Lube® has been a successful concept for over 40 years. The unique, motorsports-themed décor - including vintage gas station memorabilia, classic cars, motorcycles, and race cars suspended from the ceilings - crave-able food, and high-octane events, have created a cult-like fan following for Quaker Steak & Lube®, often affectionately called The Lube®.

Committed To Assist With Each Restaurant’s Success

Having developed and operated many brands in the restaurant business, I can say our Quaker Steak & Lube®'s guests are the most active and loyal we have experienced. They talk about The Lube® brand, use social media, bring their friends, and become a Lube billboard to help drive additional guests into our restaurants.

Franchise Quaker Steak & Lube

Here at Quaker Steak & Lube®, we’re more than just a motorsports-themed family casual restaurant. Sure we have race cars suspended from the ceilings and gas station memorabilia lining the walls, but we appeal to guests of all ages and interests. And while much of our focus may be placed on our food, we’re also dedicated to creating an environment where friends and family can gather together and be entertained. If you put it all together, we strive to create crave-able food and plan high-octane events that everyone can enjoy!

The Quaker Steak & Lube® Philosophy

Our Guest Operating philosophy is simple and is centered on our four points of difference. You can think of it like this — first we fuel up, then we rev our engines while we kick things into over-drive. This creates the experience that keeps our guests coming back. But let’s break things down a bit further, shall we?

1. Fun

Because what’s better than having fun? Aside from our exciting menu featuring innovative and affordably-priced food and beverages that are reminiscent of a tailgate party, barbecue or family get-together, we also host high-profile events and offer an action-packed exciting environment that keeps the Lubies coming back for more.

2. Energy

Let’s face it — there’s always something happening at The Lube®! Our venue offers multiple dining and bar atmospheres, areas for larger parties, patios to enjoy the outdoor events, and parking lots that are used for special events and entertainment, too.

3. Great tastes

Our secret’s in the sauce! Best known for our award-winning chicken wings, our menu is complete with over 25 unique sauces and seasonings. Our brand even boasts the title of Best Wings USA®. Lubies can even find our famous sauces and dry rubs for purchase in restaurants, over 900 grocery stores, and online. We use our sauces on a variety of menu items giving you multiple profiles.With our varied menu including salads, burgers, and ribs, there is something for everyone.

4. We care

Our food and our events are important to us, but our main priority is caring for and making our guests happy. Our caring extends to the communities we serve. From donating to scholarship funds to hosting record-breaking benefit events, The Lube® is dedicated to giving back to the communities in which we live and work, and we encourage all Lubies to join us in making a difference!

Franchise Quaker Steak & Lube

Established in 1974 and with locations in 14 states and over 26 markets, Quaker Steak & Lube® is not a shooting star concept. Rather, we have the history and experience. We are over 70% franchised, but also operate a large number of company owned locations so we know what works and what doesn’t. This allows us to test and prove before rolling them out to your locations.

With multiple revenue streams, franchising with Quaker Steak & Lube® is an easy decision. From our to-go orders and pick up windows, to our in restaurant retail offerings, to our catering services and special event schedules, the Lube® presents multiple opportunities to engage with our guests. This puts us in a unique competitive position to the other franchising restaurant concepts.

The Lube® philosophy together with our business model has produced average unit volume to over $2.88 million. Quaker Steak & Lube®’s operations, experience, and resources, help pave good roads so we can drive the distance.

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Finance Information

Investments: $473,500 – $4,106,000

Franchise fee: $30,000 - $40,000

Royalty fee: 5%

Minimum Cash: $500,000

Net Worth: $3,000,000

Partner Requirements

  • Quaker Steak & Lube® has been in business for over 40 years - franchising since 1997
  • 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

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Training

Yes

Business Type

Franchise

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