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Jiffy Lube company history timeline

1984

At least that’s the game plan of the Graeffes, who bought out an original partner in the franchise in December and are already counting $3 million in gross annual revenues and $4 million in assets – all from a cash outlay to them of $50,000 apiece in 1984.

1985

The first garage went up in 1985.

1988

The 20th is slated for opening in the end of 1988.

1990

As for the Graeffes, they are looking for sales revenue of $10 million by 1990 and considerable real estate ownership.

2011

Ranked #1 in the 2011 ASTD BEST Award for the best international training program by the American Society of Training and Development

2013

Ranked #3 in Entrepreneur magazine’s 2013 Franchise 500®

2014

Ranked #1 in the 2014 Training Top 125, Training magazine’s annual ranking of companies’ excellence in training and development programs

2022

Ranked #1 in Category in Entrepreneur’s 2022 Franchise 500

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Founded
1979
Company founded
Headquarters
Houston, TX
Company headquarter
Founders
Edwin Washburn,W Hindman
Company founders
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Firestone Holdings LLC2006$7.1B24,1002

Jiffy Lube history FAQs

Zippia gives an in-depth look into the details of Jiffy Lube, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Jiffy Lube. The employee data is based on information from people who have self-reported their past or current employments at Jiffy Lube. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Jiffy Lube. The data presented on this page does not represent the view of Jiffy Lube and its employees or that of Zippia.

Jiffy Lube may also be known as or be related to Jiffy Lube, Jiffy Lube International Inc and Jiffy Lube International, Inc.