Meineke Claimed
Meineke Franchise For Sale
When you join the Meineke franchise network, you automatically inherit a recession-resistant business system with over 48 years of experience under its belt. No automotive experience is needed, as we offer knowledge and experience on business plans, management techniques and repair best practices – everything you need to become a successful multi-unit Meineke owner
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 manger 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.
Franchise Background
Franchised Units: 730+
Company Owned Units: 0
States Registered In: All
About the auto industry
Meineke operates in a needs-based industry with high demand. In today’s economy, investing in a growing industry is essential, and the automotive industry, which has grown significantly since 2000, is projected to continue rapid growth for the next 10 years and beyond. This is due in part to consumers holding on to their cars for longer periods of time and increasing miles driven, which results in increased maintenance and repairs. The industry is primarily comprised of thousands of small chains and mom-and-pop operators, but favors large players due to economies of scale, support structures, and marketing pull.
Coinciding with the growing automotive aftermarket, the Meineke Car Care franchise has also realized positive same-store sales growth since 2009. Even during the economic downturn, Meineke’s systemwide sales continued to grow, which shows the auto industry is recession-proof.
Financial Terms
Minimum LC: $250,000
Minimum Net Worth: $500,000
Credit Score: 700+
Franchise Fee: 45,000
Royalty: 5%
Passive Ownership: Yes
Home Based: No
B2B: Yes
Master Franchise Opportunities: Yes
Veteran Discount: We participate in the IFA VetFran Program. Veterans who meet the requirements of the VetFran Program will receive a 50% reduction in royalty fees for the first 6 months of operation of their Meineke Center.
Bullet points of the benefits
Proven business system
Superior marketing support
High brand recognition
50 years of operation
Protected territory
Automotive experience is not required
One of the most comprehensive 2-week training programs in the industry
Extensive intranet system and key performance dashboards
Extensive field and virtual operations support that is unique to the industry
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
Multi-unit license incentives: License fee discounts, royalty discounts, free POS
Existing franchisee incentives
Support & Training
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Co-Operative Advertising: Yes
Training: Meineke training includes a 2 week comprehensive course in Charlotte, NC. Paid training, hotel and airfare for two people, who originally sign the franchise agreement, is included in the initial license fee.
Ongoing Training: Hundreds of online tutorials and recorded webinars.
The collective power and support of the nation’s leading automotive aftermarket company creates 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 on an ongoing basis as well as training webinars. Furthermore, Meineke hosts yearly conventions/meetings for franchisees, each of which focuses on different aspects of the business. This is a fantastic training opportunity for those who do not know the technical side of the automotive industry, and for those who are familiar, it is a terrific opportunity to learn about running a business.
Ideal Candidate
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