Meineke Car Care Franchise

Muffler repair and replacement services

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.#496 in Franchise 500 for 2020.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Meineke Car Care, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Meineke Car Care website.

How much does it cost to open a Meineke Car Care Franchise ?

The investment required to open a Meineke Car Care Franchise is between $319,774 - $610,318 . There is an initial franchise fee of $35,000 which grants you the license to run a business under the Meineke Car Care name.

Individual Franchise Costs

  • Initial Investment:
    $319,774 -
  • Initial Franchise Fee:
    $35,000
  • Royalty Fee:
    $20.8K+/yr.
  • Advertising Fee:
    6%
  • Term of Agreement:
    15 years
  • Renewal Fee:
    $2.5K

Expense In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Third Party Financing Source(s):
the SBA, CIT Small Business Lending, Wells Fargo, Merrill Lynch, Provident Bank, American Express Business Finance, Puget Sound Leasing, Maremont

Training
Ongoing technical hotline, online courses available

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations

Marketing
Co-op advertising, Ad slicks, National media, Regional advertising

Meineke Car Care Growth History

When did the first Meineke Car Care open? 1972
When did Meineke Car Care start Franchising ? 1972

International franchisees required to buy multiple units/master licenses; 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)

General business experience Supervisory experience


How much money you could make as a Meineke Car Care Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Meineke Car Care Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Meineke Car Care Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Meineke Car Care and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Meineke Car Care franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.