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Meineke Car Care Center
- Meineke Franchisor SPV, LLC
Charlotte, NC 28202
USA
- (866) 614-0479 / (704) 377-8855
- (704) 377-9904 (Fax)
- Mr. Ed Pearson, Vice President of Franchise Development
- [email protected]
MEINEKE has been offering superior automotive repair services at discount prices for over 40 years. We are a nationally-recognized brand with a proven system. Brand recognition, comprehensive training and on-going technical and operational support are some of the benefits enjoyed by MEINEKE franchisees.
Franchisor Background
Year Established: 1972
Franchising Since: 1972
Operating Units
| Franchised Units | 800 | 99.9% |
|---|---|---|
| Company-Owned Units | 1 | 0.1% |
| Total Operating Units | 801 | 100% |
Geographic Distribution
| USA | 801 | 90.0% | In 48 States |
|---|---|---|---|
| Canada | 45 | 5.1% | In 5 Provinces |
| International | 44 | 4.9% | In 5 Foreign Countries |
| Total | 890 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | N/A |
|---|---|
| Franchises Owned by Multi-Unit Operators | N/A |
North American Unit Density
| Density | Units |
|---|---|
| New Jersey | 54 |
| Pennsylvania | 54 |
| Texas | 53 |
Registered in the following Registration States
California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | Yes |
| Franchisee Association? | Yes, is a member |
| Size of Corporate Staff | 110 |
| Site Selection Assistance |
Yes |
| Lease Negotiation Assistance | Yes |
| Financial Assistance | Yes, Indirect |
Marketing Support
| Co-Op Advertising | No |
|---|---|
| National Advertising | Yes |
| Regional Advertising | Yes |
| Local Advertising | Yes |
| Marketing Materials | Ad Slicks, Brochures, Catalogs, Coupons/Rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads |
| Additional Services: | Grand Opening, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies |
| Other Marketing Support | Yellow pages advertising, SEO/SEM program |
Ongoing Support
| Central Data Processing | Included |
|---|---|
| Central Purchasing | Included |
| Field Operation Evaluation | Included |
| Field Training | Included |
| Initial Store Opening | Included |
| Inventory Control | N/A |
| Franchisee Newsletter | Included |
| Regional or National Meetings | Included |
| 800 Telephone Hotline | Included |
Training
| Charlotte, NC | 2.5 Weeks |
Financial Requirements
Investment
| Minimum Net Worth | $250K |
|---|---|
| Cash Investment | $110K |
| Total Investment | $129.6-576.7K |
| Average Total Investment | $353K |
Fees
| Initial Franchise Fee | $32.5K |
|---|---|
| Average Franchise Fee | N/A |
| On-Going Royalty | $20.8K/year |
| Average Royalty | N/A |
| Advertising Fee | 8% |
Site Information and Requirements
| Average Number of Full-Time Employees | 6-10 |
|---|---|
| Average Number of Part-Time Employees | 0 |
| Space Needs (in square feet) | 8,000 |
| Preferred Site Types | Free Standing Building, Storefront, Strip Center |
| Encourages Conversions | Yes |
| Item 19 (Earnings Claim) Provided? | Yes |
| Listed in the SBA Registry? | Yes |
Franchisee Qualifications
| Financial Net Worth | 4 |
|---|---|
| General Business Experience | 4 |
| Specific Industry Experience | 1 |
| Formal Education | 2 |
| Psychological Profile | 3 |
| Personal Interviews | 4 |
Terms of Contract
| Term of Initial Contract | 15 |
|---|---|
| Term of Renewal Period | 15 |
| Passive Ownership? | Allowed, but discouraged |
| Area Development Agreements? |
Yes, for 0 years |
| Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
| Projected New Units Over Next 12 Months | 61 |
|---|---|
| USA | Yes, All United States |
| Canada | Yes, All Canada |
| Overseas | Yes, All Countries |
