Meineke Car Care Centers

Meineke Car Care Centers

Auto repair and maintenance
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2021 Franchise 500 Rank
N/R Ranked #496 last year
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Initial investment
$320K - $610K
Units as of 2020
807 12.9% over 3 years

Company Overview

Sam Meineke began with a single store in Houston in 1972. 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.

About Meineke Car Care Centers

Industry
Automotive
Founded
1972
Parent Company
Driven Brands Inc.
Leadership
Rob Fillman, President

Franchising Overview

Franchising Since
1972 (49 years)
# of employees at HQ
60
Where seeking

This company is seeking new franchisees in the following international regions: Asia, Middle East, Canada, Mexico

# of Units
807 (as of 2020)

Franchisor Information

Corporate Address
440 S. Church St., #700
Charlotte, NC 28202

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Meineke Car Care Centers franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$35,000
Initial Investment
$319,774 - $610,318
Net Worth Requirement
$250,000
Cash Requirement
$110,000
Veteran Incentives
50% off royalty fee for first six months
Royalty Fee
$20.8K+/yr.
Ad Royalty Fee
6%
Term of Agreement
15 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Meineke Car Care Centers has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
7 hours
Classroom Training
69 hours
Additional Training
As needed
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
3-6
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Meineke Car Care Centers landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Meineke Car Care Centers ranked on other franchise lists? Find out below.

Ranked #36

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021