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QuikFacts
Meineke is an internationally recognized brand that has been offering superior automotive repair services at discount prices for over 30 years.
Began Franchising: 1972
Total US Units: 841
Franchise Requirements
Franchise Fee: $30, 000
Cash Required: $50,000 - $60,000
Total Investment: $190,000 - $358,000
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History of Meineke & The Meineke Franchise
In 1972 in Houston, TX, 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.
Between 1983 and 2003 Meineke was owned by a multinational British company and grew rapidly. In July of 2003 Meineke was the subject of a stock purchase agreement for its acquisition by members of Meineke management and two financial partners, Carousel Capital, headquartered in Charlotte, NC, and The Halifax Group, based in Washington, DC, and Dallas, TX, from its then owner, Brambles.
Earlier in 2003 Meineke Discount Muffler Shops, Inc., became Meineke Car Care Centers, Inc. After 32 years as one of the most recognized and trusted brands in America, it was the perfect time to change to a name that was more reflective of the company’s comprehensive service offerings. The name change also included a new tagline, “Right Service, Right Price.”
The ownership and name change has positioned Meineke Car Care Center for further growth into previously under-developed markets and for solid growth in same shop sales.
Presently, there are approximately 900 Meineke franchises throughout the United States, Canada, Mexico, Ecuador, Guatemala, Venezuela and the Caribbean, with plans to keep international expansion going strong. Recognized as one of the largest automotive franchises, Meineke franchisees have serviced more than 50,000,000 vehicles since starting out in 1972. 841
When You Join Meineke Take advantage of:
Brand Name
• Meineke is one of the most recognized franchised brands in the automotive aftermarket.
Marketing & Advertising
• A comprehensive advertising program that features a nationally recognized spokesperson. The program covers National Television, Internet Advertising, complete Yellow Pages, creative materials, and in-depth local marketing and advertising programs. Meineke is the 3rd largest Yellow Pages advertiser in the nation.
Territory
• Two mile protected territory and a 3rd mile right of first refusal.
Site Selection
• Site location assistance that includes in-depth market analysis using the most up-to-date technology and current real estate listings. Meineke Franchise site location resources are available to assist you in your site selection. Access to a network of Real Estate developers and brokers is also available to provide individual assistance.
Pipe Bender & Pro Tech
• Weekly newsletters full of information for franchisees to help you grow your business.
Training
• Meineke University requires you attend a four-week training program in Charlotte, NC, which will teach you necessary management and technical skills. Hotel and travel expenses for up to two franchisees who originally sign the franchise agreement is included. Meineke Car Care Center has one of the only electronic interactive training programs in franchising. Ongoing training in the field is a major objective of our Operations and Training Departments.
Support
• The Operations Department provides ongoing training and consulting services to you in your shop. Your operations manager will work with you individually on all aspects of improving your business. In addition, through its comprehensive dealer access web site, Meineke Car Care Center provides ongoing ‘online’ training, and a communication network.
m-Key
• Meineke has developed its own computer ‘Point of Sale’ system tailored to our business system. The software includes full parts cataloging and labor guides.
Funding
• Meineke works with the nation’s leading lending institutions that offer competitive terms in both SBA guaranteed and conventional loans, and leasing opportunities.
Purchasing Power
• National buying power of nearly 900 Meineke Franchise shops to obtain significant price discounts from the automotive industry’s leading vendors.
A Proven System
• You will benefit from the knowledge and experience that we have accumulated over our 30 plus years and nearly 900 operating shops.
Service Products
• Today, the consumer recognizes Meineke as a provider of a broad range of services including brakes, ride control, and maintenance services, which is fueling solid sales growth.
Growth Industry
• Become a member of a leading organization in one of the most dynamic growth industries in the world.
Your Own Meineke
• Enjoy the rewards of owning your own business while benefiting from being part of the successful Meineke franchise system. Take control of your own future and build the sort of life you always wanted
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