Quaker Steak & Lube

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What to know about Quaker Steak & Lube franchise? As a franchisee, you will operate a QUAKER STEAK & LUBE® Restaurant featuring a varied menu of chicken wings, chicken, hamburgers, salads, steaks, a retail area, and a full-service bar with a distinctive motor theme trade dress in a family fun casual dining atmosphere. Services provided by franchisees include, but are not limited to food preparation and service, bar operations (including beer, wine, and liquor sales), retail sales, facility maintenance, and employee supervision. You will offer dine-in, take-out, catering, and banquet services. You will be responsible for the day-to-day operation of your franchise restaurant, including but not limited to hiring, training, and supervising restaurant personnel, managing inventory, maintaining food quality standards, etc. The franchisee will receive an exclusive franchise to operate a QUAKER STEAK & LUBE® Restaurant in a defined territory. The franchisee’s restaurant must be constructed and operated according to the franchisor’s specifications, which include site selection criteria, design and construction standards, equipment specifications, and signage. Quaker Steak & Lube is based in Westlake, OH. Scroll down to learn more!How much does a Quaker Steak & Lube franchise cost?Are you wondering how much is a Quaker Steak & Lube franchise? Before starting a Quaker Steak & Lube franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Quaker Steak & Lube franchise is $465,000 and can go all the way up to $3,532,500. Keep in mind, you should also allocate additional funds to live off of while the Quaker Steak & Lube business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Quaker Steak & Lube franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Quaker Steak & Lube business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Quaker Steak & Lube franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.