Tenant Description
Jiffy Lube has been leading the automotive servicing industry for over 35 years. Each location is owned and operated by a franchisee, however some leases will carry a corporate guarantee. Jiffy Lube operates 2,000+ locations. The company is a subsidiary of Pennzoil which is owned by Shell Oil.
What We Like About Jiffy Lube
Brand Recognition, E Commerce Resistant Business Model
What To Look For When Buying a Jiffy Lube
Potential Environmental Issues, Is This A NNN or NN+ Lease, Is Corporate Backing The Lease Or A Franchisee, Can You Repurpose The Building In The Future
Competition
Valvoline, Take 5 Oil
What Services Does Jiffy Lube Offer
Jiffy Lube is primarily known for oil changes, but also provides routine car maintenance services for air conditioning, fuel systems and transmissions. At some of its locations it also performs inspections and emissions testing, repairs windshields and rotates tires.
Jiffy Lube Website
Corporate Office Location
Jiffy Lube International, Inc.
P.O. Box 4427 – Houston, TX 77210-4458
Parent Company
Jiffy Lube is a subsidiary of Pennzoil which is owned by Shell Oil
Fast Facts
In 1979, Jiffy Lube created the first drive-through service bay to make oil changes quicker for customers. It was also the first to introduce the window sticker to remind customers when they are due for their next oil change.
Jiffy Lube was Ranked #1 on National Oil and Lube News 2011 Tops in the Fast Lubes Industry Rankings.
Jiffy Lube was Ranked #1 in the 2014 Training Top 125, Training magazine’s annual ranking of companies’ excellence in training and development programs
Jiffy Lube was Ranked #3 in Entrepreneur magazine’s 2013 Franchise 500®
Jiffy Lube was Ranked #1 in the 2011 ASTD BEST Award for the best international training program by the American Society of Training and Development
