Meineke Car Care Center
Who are we
What to know about Meineke Car Care Center franchise? Meineke Car Care Center is a franchise opportunity that offers automotive maintenance and repair services. These services include exhaust system components, brake system components, and other general automotive maintenance and repair services. Meineke Car Care Center also provides access to proprietary software, signage, and equipment. Along with these benefits, franchisees also receive ongoing support from the franchisor in the form of marketing assistance and training. The franchisee will receive the exclusive right to use the Meineke name and logo within a defined territory in connection with the operation of a Meineke automotive maintenance and repair center. The franchisee will also be provided with an initial inventory of parts, access to certain proprietary software, signage and equipment, and ongoing support from the franchisor in the form of marketing assistance and training. Meineke Car Care Center is based in Charlotte, NC. Scroll down to learn more!How much does a Meineke Car Care Center franchise cost?Are you wondering how much is a Meineke Car Care Center franchise? Before starting a Meineke Car Care Center franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Meineke Car Care Center franchise is $206,774 and can go all the way up to $561,688. Keep in mind, you should also allocate additional funds to live off of while the Meineke Car Care Center business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Meineke Car Care Center franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Meineke Car Care Center business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Meineke Car Care Center franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
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Franchisees
Updated on Jun 27, 2023Reviews
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Terrible, left on your own and Fees drain cash.
Somewhat recognized brand name
There is nothing special at all about Meineke. If you think with this franchise you will be in business FOR yourself buy not BY yourself you are wrong. Meineke offers no special service or "recipe" or anything unique to the market. A Franchise concept is supposed to replicate a proven concept, but Driven Brands leaves you to figure everything out and reinvent the wheel. Driven Brands/Meineke does not care about the success or failure of a Franchisee. Franchisees are left on their own to find equipment, create payscales, negotiate with vendors, develop in-store procedures, and more. You are on your own, yet Driven Brands takes 12% of REVENUE between Royalties, Marketing, and mandatory fees for things like Tekmetric. That amounts to more than 50% of profits!! Only a relative few, maybe top 10%-20% make any kind of money. Everyone else is constantly chasing cash to pay bills. Corporate people don't visits stores, don't have relevant advice, and just remind you to read the Franchise Agreement. You are better off going independent, or maybe a different franchise that has a real model that supports Franchisees.
NoNeutralDisapprovesMeineke is a great brand with profit opportunities and growth potential. The support from corporate is good and they are there if you need then.
This is an essential product/service.
Risk exposition with errors performing jobs.
YesPositiveApprovesTheir goal is to extract as much from the franchise as possible while providing the least support
nothing
everything
NoNegativeDisapprovesGreat concept with choices.
yes
none
YesPositiveApprovesBusiness Model and Franchise Framework is very good.
Business Model and Framework
Employee Attrition. Frequent hiring of Service Riders and Mechanics
YesNeutralNeutral
How much will it cost
- $45,000