Meineke Car Care Center
Automotive maintenance and repair centers serving the general public, specializing in exhaust and brake work and offering services such as steering and suspension repair, alignments, belts, cooling system service, air conditioning, state inspections, tire sales, tune-ups, fluid changes, and batteries.
Your franchise match score
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Automotive
Brand super powers
Technology driven customer service tools
Household name recognition
White glove customer service
Doing car care right
Nationwide footprint
Brand highlights
- CEOJonathan Fitzpatrick
- Headquarters440 South Church Street, Charlotte, NC, 28202
- Year founded1972
- Year started franchising
- IndustryAutomotive
- Locations open705 (-28 last three years)
Statistics & metrics
- Investment range$226,774 - $561,688
- Franchise fee$45,000
- RoyaltyYou are required to pay the greater of an annual minimum royalty in the amount of $20,800 or a calculated royalty based on the following percentages of Gross Revenues on the identified categories of Authorized Products and Services: 7% of exhaust systems; 5.5% replacement of engines or transmissions, engine diagnostics, engine seals, mounts and gaskets, transmission mounts, scheduled maintenance; 4% of batteries; 3% of tires, state inspections, towing services, Emissions Inspections; 5% of all other Authorized Products and Services (Note 3) (The lower rates are applicable only if they are properly reported using approved computer systems; if not, the rate is 7%. The rate on unauthorized services is 7%. The rate for unreported services is 8%.). On or before the day of each week that we periodically specify (the “Payment Day”), currently, Wednesday, you are required to pay the greater of 1/52 of the annual minimum royalty (which equals $400) or your calculated royalty.
- Brand fundMeineke Advertising Fund (the “MAF”) Contributions: 8% of your Gross Revenues; however, your MAF contribution will be 1.5% of your Gross Revenues from the sale of tires, towing services, and government-regulated inspections (Note 5). Payable on or before the Payment Day, currently, Wednesday (If, however, your Center is a new Meineke Center, during the 12-week period following the opening of your Center, your weekly MAF contribution will be the greater of 8% of your Gross Revenues or $250). See Note 5.
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Automotive industry:
The automotive industry offers a wide range of franchise opportunities, from repair and maintenance shops to car washes and dealerships. This sector is known for its steady demand and resilience, making it a popular choice for aspiring business owners.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2023-06-15
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Meineke Car Care Center, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Meineke Car Care Center's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Meineke Car Care Center, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Meineke Car Care Center franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Meineke Car Care Center provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 705 |
| Franchise locations | 705 |
| Corporate locations | 0 |
System growth over time
FAQs
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