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Meineke Car Care Centers

Exhaust systems, shocks, brakes, struts, oil changes

Background

Founded: 1972 Franchising since: 1972
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 quality 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.
128 S. Tryon, #900
Charlotte, North carolina 28202
Phone:
(800)275-5200

Franchisee Association
Association of Meineke Dealers

Franchisor is a privately-held company with 110 employee(s); 17 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 780 29 37 7
2008 849 27 44 11
2007 845 20 27 17
2006 833 18 18 2
2005 837 18 18 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Asia, Australia/new zealand, Canada, Central america, Eastern europe, Middle east, Mexico, South america, Western europe

Exclusive territories available.
Territory size: 3-mile radius

Special Programs
Meineke Car Care Centers is a national sponsor of Children's Miracle Network. Meineke supports the nonprofit organization, which raises funds for children's hospitals in the United States and Canada, through various fund-raising programs and events.

Costs and Fees

Total investment: $182.3K-426.8K
Franchise fee: $30K
Ongoing royalty fee: 3-7%
Term of agreement: 15 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $150K
Cash liquidity requirement: $60K
Business Experience:
  • General business experience
  • Supervisory experience

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)

Training and Support

Training
  • Available at headquarters: 4 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

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • Yellow Pages

Rankings

Franchise 500® rank:
#221 (2009); #80 (2008); #89 (2007); #79 (2006); #60 (2005);

America's Top Global Franchises:
#170 (2009); #80 (2008); #86 (2007); #70 (2006); #57 (2005);


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