Meineke

Meineke is a nationally recognized brand with a proven system. Comprehensive training and ongoing technical and operational support are some of the benefits enjoyed by Meineke franchisees.

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Meineke Franchise Cost and Requirements for 2022

Background

Our History

Meineke Car Care Centers have come a long way since 1972 in Houston, Texas when Sam Meineke began with only one store and a single product line. He also started with a simple concept: he would provide quality products and workmanship at a fair price and fix folks' vehicles correctly, the first time. Today, still based on Sam's ideals, Meineke is one of the most recognized and trusted brands in North America.

Now is the Time to Become Part of the Top Car Care Franchise

Meineke Car Care Centers has successfully diversified its automotive service offerings and is recognized today as a leader in complete car care automotive franchises. From oil changes to brakes, our complete car care model provides consumers with high quality services at affordable prices. With nearly 1,000 Meineke Car Care franchises operating nationally and internationally, Meineke continues to be one of the most recognized and trusted brands in auto repair.

You can pick up the torch and continue a great American legacy in quality automotive repair. Meineke is a company you can be in and be proud of every single day. How many franchise opportunities can both claim and offer that sense of pride and tradition?

Top 5 reasons to join the Automotive Industry today!

  • Between 2012 and 2014, new vehicle sales will top 16 million-Nearly the amount of cars sold between 2008 and 2011!
  • The number of cars that are 5 years and older are expected to grow 41% over the next four years!
  • The total number of vehicles on the road is expected to grow from 252 million in 2014 to 261 million by 2017!
  • The 2014 Automotive Industry is expected to grow 2.8%.
  • The 2014 cars and lite truck industry has grown to 327 billion dollar industry!

Company Details

Established: 1972
First Unit Franchised: 1972
Franchised Units: 750
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.



Support and Training Offered By Meineke

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
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.


2022 Franchise Requirements Needed to Own a Meineke Franchise.

What does a Meineke Franchise Cost?

Meineke franchise fees for 2022:

Cash Investment: $250,000
Total Investment: $250,000-$350,000

Minimum Net Worth: $500,000
Credit Score: 700+

Franchise Fee: 40,000
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.

  1. Bullet points of the benefits
    • Proven business system
    • Superior marketing support
    • High brand recognition
    • 49 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

 

 

Is Meineke a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Meineke is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Meineke a Home Based franchise?

No. Meineke is not a home based franchise opportunity.

What Do Meineke Franchise Owners Make?

Click here to find out how much Meineke franchisees make. Meineke offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Meineke a Master Franchise Opportunity?

No. Meineke is not a master franchise opportunity.

Does Meineke Offer a Veteran Discount?

Yes. Meineke franchise does offer a veteran discount.

Does Meineke Work with E2 Visa and EB-5 Visa Candidates?

Yes. Meineke franchise does work with E2 Visa and EB-5 Visa candidates.

Is Meineke Looking for Franchisees in Canada?

Yes. Meineke franchise is looking for Canada franchisees.

Is Meineke Looking for International franchisees?

No. Meineke franchise is not looking for International franchisees.

Additional Information

Additional Categories

Automotive, Repair & Restoration, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

More than $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Meineke Franchises for Sale

Click Here to inquire about existing Meineke franchises for sale. We may have Meineke franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.