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Franchise Companies Look to Springs as Fertile Territory

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Want to be a restaurant owner? How about launching a new insurance business in the Springs?

Several franchise companies are seeking local franchisees as they turn to Colorado Springs as a source of growth.

  • Quaker Steak & Lube, a casual-dining franchise based in Sharon, Pa., is seeking to expand its presence in Colorado. It currently has one restaurant in the Denver area.Quaker Steak & Lube has 50 locations in 15 states and Canada, with plans to open 12 more this year. Known by fans simply as The Lube, it’s known for its Best Wings USA wings and sauces and its motorsports-themed dining experience.Executives from Quaker Steak & Lube will be in Denver and Colorado Springs on June 11-12 and June 26-27 to meet with prospective franchisees. For information or to schedule a meeting with the executive team, contact Zeb Hastings at zhastings@thelube.com or go to www.lubefranchising.com. Developers seeking to own and operate a Quaker Steak & Lube franchise should possess a minimum liquidity of $1 million, a net worth of $3 million and a willingness to commit to multiple locations. Prior restaurant operations or hospitality experience is preferred.
  • Brightway Insurance, an insurance store franchise, is recruiting entrepreneurs and licensed insurance agents to become Colorado Springs franchisees; the company recently announced plans to expand into the Springs with up to a dozen stores.Brightway Insurance franchises offer a broad range of coverage for home, automobile, business and life insurance policies as well as policies for recreational vehicles, vacation homes and more. Brightway doesn’t require a franchisee to have past insurance experience, but a franchisee must earn an insurance agent license in their state before they can enter a franchise agreement with the company.Jacksonville, Fla.-based Brightway, launched in 2003, has 100 stores and 500 associates in five states. It says it plans to open 40 offices this year and 65 in 2013.
    For more information, call 1-877-893-1824.
  • Anago Cleaning Systems, a commercial cleaning franchise based in Pompano Beach, Fla., is looking for master franchise owners in Colorado who would be responsible for growing Anago’s presence throughout the Springs and other communities.Anago has more than 30 master franchisees who in turn support more than 2,000 unit franchisees. It was ranked as the fifth fastest growing franchise by Entrepreneur magazine in 2011.For more information, call 1-800-213-5857.

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