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Meineke Car Care Centers Franchise

A franchise car owners depend on. 70% brand recognition. Over 700 locations operating. 50% of owners are multi-unit operators.

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Highlights
Cash Required

$110,000

Min. Franchise Fee

$45,000

Total Number of Units

702

Franchising Since

1972

Corporate Headquarters

Charlotte,NC

CEO Name

Najib Chalhoub

About Meineke Car Care Centers

Meineke is the automotive franchise that embraces innovation. Today, the business with the best information and data wins. Meineke understands this and continues to invest in technology-forward solutions that pay off for our Franchise Owners. Our KPI dashboard offers valuable business data with insights on improving performance and increasing profit, while the management portal establishes job priorities and makes it easy to order products from a centralized hub. We’re invested in our owners’ businesses. Because we want to see you succeed, we offer 24/7 access to virtual and in-field coaches. Together, you’ll review your KPI dashboard and receive actionable advice on improving your center.

Franchise Unit Trends & Revenue

Total Number of Units

702

New Units Opened

28

Average Unit Revenue

$971,363

* in 2023

Franchise Fees

Min. Franchise Fee

$45,000

Royalty Fee

3.0% - 7.0%
Gross Revenues

Ad Fund Fee

1.5% - 8.0%
Gross Revenues

Why Choose Meineke Car Care Centers?

Immediate Brand Name Recognition

7 out of 10 Americans know our brand, and we have more than 1 million members enrolled in our customer loyalty program.


Economies of Scale

Increased marketing and purchasing power backed by our holistic marketing playbook.


Data-Driven Business Playbook

Using statistics to drive top-line sales and corporate coaching to drive and enable multi-unit ownership.


Sophisticated Multi-Unit Program

We help our owners expand and grow via our cloud-based management dashboards that allow our owners to manage locations without being present. This is a manage the manager model and a highly scalable business model.


Advanced Acquisition Model

Our team can help Franchisees identify, validate, and convert independent existing automotive shops into Meineke Franchise locations.

Starting Costs & Investment Requirements

Total Investment

$226,000 - $580,000

Net Worth Required

$500,000

Cash Required

$110,000

Training and Support
Financing Available
Multi Units

Training & Support

The collective power and support of the nation’s leading automotive aftermarket company create a secure and one-of-a-kind entrepreneurial opportunity. Meineke has one of the most comprehensive training programs in the industry, perhaps in all of franchising! All new franchisees must attend Meineke University, a two-week training program in Charlotte, NC, which teaches the necessary management and technical skills. Meineke’s initial license fee pays for the flights and hotel for up to two franchise agreement signees. Meineke Online also provides franchisees and their employees with over 70 online courses.


Additionally, Meineke Operations provides in-center training and training webinars on an ongoing basis. Furthermore, Meineke hosts yearly conventions/meetings for franchisees, each focusing on different aspects of the business. This is a fantastic training opportunity for those unfamiliar with the automotive industry's technical side. For those familiar, it is a terrific opportunity to learn about running a business.

History

In 1972, Sam Meineke founded Meineke Discount Muffler in San Antonio, TX, with the first franchise being sold later that year. Innovation has always been a theme with Meineke, as Sam would test new ideas in the ten shops he owned personally before passing them on to the franchisees.

In 1999, Meineke transitioned to full-service care centers and would eventually combine with Maaco to form Driven Brands. In 2015, Roark Capital Group acquired Driven Brands, which has led to steady growth ever since.

While Meineke has become a household name, we can never forget our humble beginnings. Sam’s commitment to excellent service and providing car owners everywhere with an automobile care partner they can trust is why we’re here today.

Ideal Candidate

NO AUTOMOTIVE EXPERIENCE NECESSARY!

An ideal Meineke candidate would have business and sales experience. The owners are not often the ones working on vehicles in the shop. On a day-to-day basis, most owners are overseeing 4-5 employees per center, planning operational improvements, building local fleet accounts, and building a relationship with the local community. 85% of our franchisees are actually outside of the automotive industry. Many corporate executives like our model because of its recession resiliency and industry trends.

The information in this page has been provided by the franchise or representative stated above. BizBuySell has no stake in the sale of this franchise, has not independently verified any of the information about the franchise, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any franchise.
 
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