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Meineke Car Care Centers

2012 Franchise 500
#53
At a Glance

Products & Services: Exhaust systems, shocks, brakes, struts, oil changes

Number of Locations: 955

Total Investment: $187.59K - 336.88K

Founded: 1972

Began Franchising: 1972

Private Owned

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 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.

Franchise Units

Year U.S. Canadian International Company Owned
2011 863 34 43 15
2010 860 32 27 9
2009 780 29 37 7
2008 849 27 44 11
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Africa, Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, South America, Western Europe.

Startup Costs, Ongoing Fees and Financing

Total Investment: $187,589 - $336,877
Franchise Fee: $15,000 - $30,000
Ongoing Royalty Fee: 3-8%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $60,000
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).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

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

Franchise Ranking History

Franchise 500®: #53 (2012), #55 (2011), #132 (2010), #221 (2009), #80 (2008),
America's Top Global: #49 (2012), #48 (2011), #106 (2010), #170 (2009), #80 (2008),