Jiffy Lube

Profile:

Jiffy Lube International, Inc. has the largest system of franchised and company-operated service centers in the rapidly expanding fast lube industry. A switch from the do-it-yourself to the installed motor oil market is accelerating, and we project that about half the growth in the installed market will go to the fast lube category, with the rest going to garages, car dealers and the few remaining gas stations. Over the next 10 years, the fast lube industry will need to expand to service more than 120 million vehicles a year, compared to about 80 million a year serviced in 1995. Jiffy Lube centers service millions of vehicles every year: over 29 million in 2001.