Multi-Unit Franchisee Magazine Issue I, 2014 | Page 38

MEGA

reconnect

By Kerry Pipes

Family Success Story

David and Joye Griffin and their 3 sons prosper in hard times

W

hen we profiled David Griffin in 2010, he had just purchased 25 Jiffy Lube stores
in Colorado. The stores
were underperforming, some were dilapidated, and the U.S. economy still at

one of its all-time lows. Those factors
created a perfect storm for Griffin to
expand—but it wasn’t a walk in the park.
“We’ve spent the last three years
reviving those units, and it has been a
monumental task,” says the 56-year-old

today. Griffin says it took millions of
dollars to turn around those 25 struggling locations—and the process tested
both the company and his family, which
is deeply involved in the business. “I’m
still working right alongside my wife
Joye and my three sons,” he says. “We
are today’s family farm.”
The effort paid off, says Griffin.
“Sales at those 25 stores had been in
a double-digit dive prior to us taking
them over. This year, sales are up 5.2
percent.”
Numbers like that are not a surprise
to anyone who knows Griffin. He has
a track record as a successful business
operator, both within and outside of
franchising. Griffin, in concert with his
family and employees, “who are just like
adopted sons,” makes things happen.
With his Colorado units back in the
black, Griffin is looking for more opportunities. “We’ve bought out competitors, fellow Jiffy Lube operators,
Name: David Griffin
Title: President
Company: Griffin Fast Lube
No. of units by brand: 56
Age: 56
Family: Married 34 years to

Joye, wife, business partner, and
closest advisor, with three sons,
three daughters-in-law, and three
grandchildren
Years in franchising: 14
Years in current position: 34

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Multi-Unit Franchisee Is s ue I, 2014