- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$207K - $562K
- Units as of 2022
-
727 14% over 3 years
Fuel your community with a Meineke Car Care Centers franchise!
If you live for the roar of a well-oiled engine, starting up a Meineke Car Care Centers franchise may be a perfect path for you. This automobile business that was founded in 1972 offers services such as maintenance and repair, servicing components of the exhaust system, parts of the brake system, and offering other maintenance and repair services for automobiles.
Headquartered in Charlotte, North Carolina, Meineke Car Care Centers supports its franchisees in running a business that serves its community.
Why You May Want to Start a Meineke Car Care Centers Franchise
When you become a franchisee, you immediately inherit a franchise structure with more than 40 years of experience. The franchise has experience and skills in business strategies, daily management methods, and offers what it believes is one of the best practices for repair. Meineke Car Care Centers will likely tell you everything you need to know in order to become a franchisee of a Meineke Car Care Centers repair shop.
Meineke Car Care Centers strives to have high brand awareness, economies of scale, top-notch and creative operational support techniques, marketing campaigns, innovations, and a training support system.
What Might Make a Meineke Car Care Centers a Good Choice?
Meineke Car Care Centers combines a solid marketing program with an established business method to work to attract and retain clients. Meineke strives to offer world-class support to guide franchisees in achieving growth and business development.
To be part of the Meineke Car Care Centers team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. Additionally, you should be prepared for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
You don't have to have a background in mechanics, and in reality, most Meineke Car Care Centers franchisees don't. However, their franchisors come from a range of professional backgrounds and skills, making the brand distinctive. Meineke Car Care Centers offers a fairly intense training program that teaches the skills needed to operate an automotive franchise. If you've got the passion for business and cars, they've got the tools you need to excel.
How to Open a Meineke Car Care Centers Franchise
To get started with opening a Meineke Car Care Centers franchise, you'll want to take a closer look at your community. Is the auto-mechanic industry saturated? Before making any financial commitments or signing an agreement, make sure this is the right opportunity for you. Speak to existing franchisees and ask questions directed to the Meineke Car Care Centers team. If your net worth and available liquid capital match the brand’s requirements, you may qualify to open a Meineke Car Care Centers franchise, and you can get started with an initial investment.
The franchisor provides a complete advertisement package and marketing program. They will attempt to arrange national and local media placements, local marketing, and local print advertisements from a multi-million dollar advertisement fund to support your business.
When you're ready to do car care the right way, give Meineke Car Care Centers a call.
Company Overview
About Meineke Car Care Centers
| Industry | Automotive |
|---|---|
| Related Categories | Automotive Repair & Maintenance Services |
| Founded | 1972 |
| Parent Company | Driven Brands Holdings Inc. |
| Leadership | Rob Fillman, President |
| Corporate Address |
440 S. Church St., #700 Charlotte, NC 28202 |
| Social | Facebook, Twitter, LinkedIn, YouTube |
Business Overview
| Franchising Since | 1972 (52 years) |
|---|---|
| # of employees at HQ | 34 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Canada |
| # of Units | 727 (as of 2022) |
|
|
|
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
|
$45,000 |
|---|---|
|
Initial Investment
|
$206,774 - $561,688 |
|
Net Worth Requirement
|
$250,000 |
|
Cash Requirement
|
$110,000 |
|
Veteran Incentives
|
50% off royalty fee for first six months |
|
Royalty Fee
|
3-7% |
|
Ad Royalty Fee
|
8% |
|
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 |
| 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 |
Co-op Advertising
Ad Templates
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? | No |
|---|---|
|
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.
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