Meineke
Operation of Meineke automotive maintenance and repair centers specializing in servicing exhaust system components, brake system components, steering and suspension (including alignment), belts (V and serpentine), cooling system service, CV joints and boots, axles, wiper blades, universal joints, lift supports, motor and transmission mounts, trailer hitches, air conditioning, state inspections, tire sales, tune-ups, transmission fluid changes, batteries and related services.
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 founded2015
- Year started franchising2015
- IndustryAutomotive
- Locations open702 (-10 last three years)
Statistics & metrics
- Investment range$226,774 - $580,818
- Franchise fee$45,000
- Royaltythe 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)
- Brand fund8% 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)
- Required Liquid Capital$250,000
- Required Net Worth$500,000
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: 2024-05-31
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Meineke, 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's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Meineke, 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 franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Meineke provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 702 |
| Franchise locations | 702 |
| Corporate locations | 0 |
System growth over time
FAQs
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Franchisee reviews
See feedback from owners about their experience with Meineke.
Based on 1 reviews
FRANCHISEE
Number of Locations: 3
The franchisee expressed a very positive view of the brand, indicating strong likelihood to repurchase, financial results that largely meet expectations, and a time commitment that aligns with what was promised. They highlighted the strong national presence, solid systems/technology, and notable flexibility for owners. While overall pleased and expanding to a fourth location, they cited communication to franchisees as the main area needing improvement.