Franchise Review - Meineke Car Care Center

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Meineke was founded in Houston, Texas, in 1972, by Mike Meineke. He began with one store along with a single products. The first idea ended up being to provide quality exhaust service on sale prices. Since that time, it's grown and developed. It's no more a "muffler shop," but is really a well-known vehicle care franchise. Its services include brake service, oil and lube service, front-finish alignment, shock and strut service, and Catalytic converters. Within the United States alone, you will find a lot more than nine hundred service centers. These centers are targeted toward perfect customer support and finish satisfaction. Meinekeis really a subsidiary of Driven Brands, the leading automotive franchise within the U.S.A.

Meineke has high brand recognition and customer loyalty is very high. This really is due to our prime quality customer support that's provided. The automotive aftermarket has become a industry, that is recession-proof. Because of so many cars on the highway that require parts and repair, Meineke has always grown, even throughout the current recession.

The brand is identified by 92% of individuals residing in the U . s . States, and is a strong presence for more than three decades. The number of services and also the things to look for implies that clients remain faithful to Meineke for those their automotive needs. Franchise possibilities abound, because this is a constantly growing industry which relies and grows fastest upon its franchises. It had been rated #55 within the Franchise 500, and #48 in America's Top Global Franchises. Other media that provide Meineke high rankings include Hispanic Enterprise Magazine, Franchise Occasions Magazine, Entrepreneur Magazine, Black Enterprise Magazine, the American Association of Franchises and Sellers, and National Minority Franchising Magazine. "Meineke Vehicle Care Centers staff has board and committee seats on many franchise and automotive organizations such as the Worldwide Franchise Association (IFA), the American Association of Franchises and Sellers (AAFD) and also the Automotive Aftermarket Industry Association (AAIA). Meineke fully props up IFA's Vetfran program and it is a founding charter person in their MinorityFran initiative."

The first cost to begin a Meineke franchise is between $15,000 and $30,000. The believed total price from the franchise is between $167,214 and $398,243. The continuing royalty fee is between 3% and 7%. To qualify to begin a franchise, candidates should have a internet worth with a minimum of $150,000, and liquid assets with a minimum of $60,000. They have to also provide experience of supervision and general business.

Vehicle care experience isn't needed, as training is going to be provided. This training program lasts four days within the primary headquarters, and four days in the franchise location, with ongoing online courses along with a technical hotline for emergency help. Ongoing support includes a e-newsletter, safety and security methods, internet, conferences, and area procedures and critiques. The organization handles the advertising, departing each franchise liberated to focus upon supplying an ideal customer support that the organization aims to attain.

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