MULTI-UNIT
Buyer’s Guide
FOOD
Demographics
Wide demographic appeal.
Heavy user: Ages 25-54.
Core household income
average: $35,000 -$100,000.
Male 47%, female 53%.
Singles, families, large
groups & couples.
OPPORTUNITY
Description
As one of the most brand
differentiated restaurants in
casual family dining, Quaker
Steak & Lube®, has been a
successful concept for 40
years. Come expand Lube
Nation with us!
Awards
Fast Franchise Facts
• ndustry high average
I
unit volumes
Franchising Since: 1997, Year Founded 1974
• uel-injected marketing
F
and operations support
Total Franchise Operating Units: 45
• ultiple revenue streams
M
in each restaurant – PickUp Wingo Window®,
Online Ordering, Retail,
Award-Winning Sauces,
Catering & Events
• Award-Winning Menu
(Best Wings USA) and
Blowout Beverages
Qualifications
Multi-Unit Franchisee Operating Units: 91%
Company Operating Units: 19
Capital Investment: $1,200,000 - $3,700,000
Franchise Fee (per unit): $40,000
Royalty Fee (per unit): 5% of gross sales
Advertising fee (per unit): Up to 1% Advertising Fund, up
to 3% Local (% of gross sales)
Hundreds of national and
international awards for its
chicken wings and more than
25 wing sauces, including:
The 2010, 2012 - 2013
Festival Favorite at the
National Buffalo Wing
Festival in Buffalo, NY.
The 2012 Cheers Beverage
Excellence Award for Best
Beverage Merchandising for
Signature Bar Jars ®. The 2012
Menu Masters award for
limited time offer, Shake Wrap
& Roll. Featured on Man Vs.
Food on the Travel Channel.
Earnings Claims: Yes
Build-Out Options: Freestanding, end-cap, conversions
& nontraditional
Available Territories: Great markets available
Quaker Steak & Lube® is
looking for franchise owners
who will be passionate about
the brand and philosophically
aligned with our values and
approaches to operating a
business. Criteria includes:
SITE LOCATION
Assistance
Site selection criteria and
assistance, lease assistance,
design and architectural plans,
construction review & preferred
suppliers.
• Passion for guest service
• 500K-1M liquidity and net
worth of $3 million
Contact
• Restaurant and/or
operational experience
Zeb Hastings
VP Franchise Development
• Proficiency & the ability
to execute four-walls and
local marketing
(888) MYLUBE1 (695-8231)
[email protected]
66
MULTI-UNIT BUYER’S GUIDE 2014
lubefranchising.com