Cash Investment (Liquid): $110,000
Minimum Investment: $157,274
Maximum Investment: $523,688
Minimum Net Worth: $250,000
Franchise Fee: $35,000
Business Type
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Retail
B2B/B2C
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B2C
Discounts:
Vet Fran
Average # of Employees:
5-6
Participation Type:
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Owner-Operator
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Executive Model
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Semi-Absentee
Background
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Year Established: 1972
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Year First Franchised: 1972
Meineke Car Care Centers
WHO ARE WE?
Meineke has strong brand recognition, economies of scale, top-notch and unique operational support techniques, superior marketing strategies, innovative technologies, an excellent training support system, and a strategic and growth-minded leadership team.
Why US?
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Proven business system
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Superior marketing support
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High brand recognition
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46 years of operation
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Protected territory
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Automotive experience is not required
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One of the most comprehensive 2-week training programs in the industry
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Extensive intranet system and key performance dashboards
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Extensive field and virtual operations support that is unique to the industry
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SIMMS: A market development tool that gives Meineke the ability to research the best real estate opportunities for new Meineke locations based on area demographics, peer franchisee success, competition in the area, and many other factors
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Multi-unit license incentives: License fee discounts, royalty discounts, free POS
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Existing franchisee incentives
Support
Meineke has one the most comprehensive training programs in the industry, maybe franchising! All new Franchisees must attend Meineke University, a complete 2 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 people that sign the franchise agreement. Meineke Online, also provide franchisees and their employees with over 70 online courses. Meineke Operations also provides in center training on an ongoing basis. Meineke provides yearly conventions/meetings for Franchisees on different aspects of the business as well. A fantastic training opportunity for those who do not know the automotive technical side and for those who know automotive a terrific opportunity to learn how to run a business.
Ideal Candidate
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Have business acumen
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Have a desire to be involved in your community.
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Be driven to lead a team and succeed
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Have a net worth of $250K+
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Liquid assets of $110K
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Credit score of at least 675
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