The then-current fee, which will not exceed $160 per month per POS System installed, unless approved by TSAB or required under contract with Jiffy Lube’s POS System support provider that has been approved by the franchisor and the TSAB.Ĭurrently $68 per month (prices are subject to change on 30 days’ notice upon the approval of TSAB). In addition, the monthly royalty fee will be reduced by 1% on all tire rubber revenue for Jiffy Lube Multicare service centers.Īn amount that the franchisor specifies if the franchisee has breached a provision of the Franchise Agreement and such breach results in harm to the Jiffy Lube brand or the franchisor or other Jiffy Lube franchisees. 4% (or 3% of gross sales if franchisees pay the Royalty on or before the due date), for 7th month of operation onward (5% if the Pacesetter Supply Agreement is terminated and attachment to the Franchise Agreement has been executed).0% of gross sales for 1st 6-month period of operation, and.These programs may be discontinued or modified at any time without notice. One 10-year renewal term is available, if requirements are met.įinancial Assistance: SOPUS Products, parent company of the franchisor, offers several financing programs for its customers, including Jiffy Lube franchisees. Term of Agreement and Renewal: The length of the initial franchise term is 20 years. Franchisees cannot sell any automobile parts or supplies that are not related to the services the franchisor offers, or any non-automobile related products or services, unless the parts or supplies or products or services are approved. Franchisees cannot sell or offer to perform a lube-only service, or a lube-oil-filter only service, or an oil and filter only service other than as approved under the VOCP service. That is, franchisees cannot offer major engine overhauls, transmission overhauls, muffler installation, automobile painting, or any other services that are not related to the services approved by Jiffy Lube at the service center. Franchisees cannot sell or offer to perform any product or services that, the franchisor’s judgment, would detract from the Jiffy Lube concept. If franchisees choose and are approved to offer Jiffy Lube Multicare, they are also required to have at least one technician who has achieved an ASE A5 certification for every one to five stores in their entity group. Obligations and Restrictions: The service center must be under the personal supervision of the franchisee, or under the personal supervision of a manager who has successfully completed the operations training course. Franchisees won't have any rights of first refusal or similar rights to acquire a new franchise outside of the three-mile ring. The franchisor can license another franchisee to open a Jiffy Lube service center or establish or operate a service center at any location outside of this three-mile ring. Territory Granted: Subject to any rights the franchisor has already granted to other franchisees, without the franchisee’s consent the franchisor will not (i) permit another franchisee to open a Jiffy Lube service center within three miles of the service center or (ii) establish or operate a Jiffy Lube service center, within three miles of the service center. Years of completion depending on the certification level. Recertification is required within two to five Involvement of the franchisee, managers and employees. All training, must be completed within the number of days or months outlined under the “Certification Timeline.” The training process is ongoing and requires the support and The content and duration of the boot camp will be determined and updated by the franchisor. Training Overview: Before the opening of the service center, franchisees or day-to-day decision makers (i.e., manager or delegate) of the franchised service center and, in the case of a corporation, the officers responsible for the operation of the franchised service center, must successfully complete Franchise Boot Camp hosted in Houston, Texas. VIEW FRANCHISE View All Automotive Franchises HHO is an ideal business for entrepreneurs of all stripes who are willing to hustle and close deals with fleet operators big and small in an untapped market.
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