MY MONEY. MY CHOICE. MY MEINEKE.
Initial fee: | $15,000 - $30,000 |
Royalty fee: | 3-8% |
Total investment: | $149,432 - $415,833 |
Term of agreement: | 15 years, renewable |
Branch: | Auto repair shop |
Meineke Car Care Center is a one-stop automotive repair chain and DrivenBrands subsidiary. The company offers car maintenance services, oil change, tires and breaks inspection, exhaust services. The first Meineke center opened 1972 and the company started franchising the same year. There are 954 centers located in the America, Asia and the Middle East.
DrivenBrands is the holder of some of the strongest automotive maintenance brands including Maaco, Drive N Style, Econo Lube. Together they create a strong business network. DrivenBrands is the top choice for a franchise in the industry. As part of the DrivenBrands family, Meineke guarantees strong brand recognition, slender competition, large market share, and strong training and support, as well as national marketing and advertising support. DrivenBrands members can save from joint deals and increase their competitive advantage.
Meineke offers single franchises, multiple-unit ownership as well as multiple brand ownership together with other DrivenBrands subsidiaries like the Maaco/Meineke/Econo Lube triplex. No previous automotive experience is required from franchise owners. Approximately 35% of all Meineke owners have more than one auto repair shop.
Meineke assists franchisees and trains them to maximize their sales and operations. Franchisees go through a four-week training program before they start their businesses. They can take 120 online courses and attend webinars to improve their business skills. Proprietary specialized software system alleviates the daily business tasks of franchise management. Shop owners meet at bi-annual conventions and periodic meetings where they strengthen their relationship.
Meineke has more than 40 years of success as automotive repair industry. It is a lead franchise and provides proven cost-effective business model. The auto care industry continues to increase as more car owners chose to hold to their cats longer.
Meineke is a subsidiary to DrivenBrands, a top automotive franchise. The company offers a large range of one-stop automotive repair services. Nearly 1,000 Meineke shops operate worldwide. Together with other DrivenBrands subsidiaries, Meineke has a strong buying power and brand name that increase the competitive advantage of shop owners.