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Meineke Car Care Centers

2014 Franchise 500
#52
At a Glance

Products & Services: Auto repair and maintenance

Number of Locations: 980

Total Investment: $173.5K - $452.4K

Founded: 1972

Began Franchising: 1972

About Meineke Car Care Centers

Sam Meineke began with a single store in Houston in 1972. The company has since become a subsidiary of Part Industry Corp. and part of a British-owned, multifaceted group that supplies automotive and agricultural components and systems. The initial concept of providing exhaust service at discount prices has expanded to include complete brake service, oil and lube service, front-end alignment, shock and strut service and Catalytic converters.

Franchise Units

Year U.S. Canadian International Company Owned
2014 885 51 44 0
2013 880 36 43 19
2012 861 31 43 19
2011 863 34 43 15
2010 860 32 27 9
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $173,450 - $452,405
Franchise Fee: $30,000
Ongoing Royalty Fee: 3-8%
Term of Franchise Agreement: 15 years, renewable
Veteran Incentives: 25% off franchise fee
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $75,000
Operations
35% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4 - 5. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2.5 weeks. At franchisee's location: 4 days+ annually. Ongoing technical hotline, online courses available
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Yellow Pages

Franchise Ranking History

Franchise 500®: #52 (2014), #51 (2013), #53 (2012), #55 (2011), #132 (2010),
America's Top Global: #76 (2014), #54 (2013), #49 (2012), #48 (2011), #106 (2010),

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