Our business model offers Multiple Revenue Streams To Increase Profit Potential
We encourage all prospective Quaker Steak & Lube® franchise owners to speak with existing franchisees and directly with the franchise development team to discuss experience and results. While restaurant profitability varies among franchise owners and is dependent upon factors such as location, business skills and drive of the owner, among others.
In 2016, we experienced an AUV (average unit volume) of $2.88 million in sales, higher than many other casual dining concepts. We’re a strong brand that brings efficient operational, support and financial backing to our franchisees, and have substantial growth opportunities available nationwide.
Our business model brings in multiple revenue streams, thus increasing your profit potential. Aside from our already profitable restaurant, additional revenue is generated through:
- To-go and pick-up window orders: We tend to guests who are on the go.
- In-restaurant Retail: We offer our award-winning sauces and other Lube® memorabilia.
- Catering: Our catering is available to fulfill larger orders for parties and events.
- Event Element: Locations are set up for multiple bar, dining and outside events.
We are a proven concept that has operated successfully for over 40 years, with no plans to slow down anytime soon.
Owning a Quaker Steak & Lube® franchise is a great opportunity for an experienced operator who wants to be part of a brand on a tremendous growth trajectory.
2016 Financial Breakdown
Here is a financial breakdown of our sales in 2016:
|Average Unit Volume||$2.88 million|
|Average Guest Check||$17.50|
Breakdown of Daily Sales:
* Average Revenues for Full Service Restaurants Open at least 6 Months at beginning of Fiscal Year 2016 For the 52 Week Period Ended December 31, 2016
(This figure reflects the average of 30 franchise owned restaurants for the 53 week period ending on December 31, 2016. For supporting and additional information, please see our April 20, 2017 Franchise Disclosure Document. Your individual results may differ. There is no assurance that new franchisees will achieve the represented levels of performance.)
What’s In It For You?
With thriving restaurants in 14 states and over 26 markets, it’s clear that we’re on the right track. We have won national awards including Cheers Magazine’s Best Chain Beverage Merchandising Award and Nation’s Restaurant News’ MenuMasters Award — which just goes to show that we’re experiencing success in all realms of our business.
We have supercharged our brand and as a Lube® franchisee, you’ll benefit by:
- Our starting line advantage. Quaker Steak & Lube® will provide everything needed to take on the competition in each market such as guests service and loyalty, training and menu support, marketing, systems, and purchasing logistics.
- We appreciate and respect the value of a partnership between brand owners and franchise owners.
- Our operations and infrastructure. Quaker Steak & Lube® provides outstanding support IT systems, building design and construction, franchise operations, and local store marketing.
Looking to bring Quaker Steak & Lube® and its
one-of-a-kind dining experience to your market?
Opportunities are available. Come expand Lube Nation with us!
Fill out our application for more info or Call 1-877-695-8231.