Meineke Car Care Centers

Description

Meineke Car Care Center is a full service automotive maintenance and repair franchise. Meineke combines massive marketing and unparalleled brand reputation with a proven business system to attract and keep customers. The automotive repair industry is growing.

Consumers spend $600 to $720 on vehicle maintenance annually in 2010. Consumers continue to keep their vehicles on the road longer, and these vehicles needs more maintenance. In 2010 the average age of vehicles reached 10.6 years old.

Background

Year Established: 1972
Year First Franchised: 1972
Franchised Units: 100+
Actual number of units: 929 worldwide
Company Owned Units: 16
Projected New Units (12 months): 45

States referrals are accepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Avail. in Canada: Masters/Area Developer: Yes


Notes:

States/Countries Registered In: All US States
Availability in Canada: Masters / Area Developer – Single and multiple units available in Canada

 

Financial / Terms

Cash Investment: $75,000
Minimum Investment: $200,000
Minimum Net Worth: $200,000
Franchise Fee: $30,000


Discounts
:

  • Vet Fran

Royalty: 5%
Ad: 8%
Average # of Employees: Varies, usually between 3-5 technicians
Passive Ownership Allowed: No
Earnings Claims: Yes


Notes:

Single Units

Total Investment: $200,000 to $250,000
Discounts: VetFran, Multi-Unit Discounts
VetFran Program Participant: Yes
Average # of Employees: Varies, usually between 3-5 techs/1 manager
Passive Ownership Allowed: Yes

 

Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: No
Resales: No

 

International Expansion

International Expansion Opportunities: Yes
Developing outside of the U.S.: See "Note" section for countries
Single Unit Availability Outside U.S.: No
Multiple Unit Availability Outside U.S.: Yes
Area Development or Master Avail.: Yes
Cash Investment: Inquire with Corporate
Total Investment: Inquire with Corporate


Notes:

International Opportunities: Yes
Countries, outside of United States, where the concept is currently available or plans to expand:

  • Brazil
  • Central America
  • Ireland
  • Spain
  • Portugal
  • China
  • Taiwan
  • Singapore
  • Philippines
  • Eastern Europe
  • Mid East

Required Liquidity/Cash Investment: $1m
Net Worth Requirement: +$10m

 

Support & Training Provided

Financial Assistance Provided:Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes


Notes:

Financial Assistance Provided: Via 3rd party relationships

Site Selection Assistance: Yes, we have in house Real Estate Managers

Lease Negotiation Assistance: Yes, via our in house Real Estate Managers
Co-operative Advertising: Yes

Training:

Meineke has one the most comprehensive training programs in the industry, maybe franchising! All new Franchisees must attend Meineke University, a complete training program in Charlotte, NC, which teaches the necessary management and technical skills. Meineke’s initial license fee pays for the flights and hotel for up to two people that sign the franchise agreement. Meineke Online, also provide franchisees and their employees with over 80 online courses. Meineke Operations also provides in center training on an ongoing basis. Meineke provides yearly conventions/meetings for Franchisees on different aspects of the business as well. A fantastic training opportunity for those who do not know the automotive technical side and for those who know automotive a terrific opportunity to learn how to run a business.

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474