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 | Meineke Car Care CentersLife Doesn't Always Give You Options, Meineke Does |
Business Type
FranchiseMin Liquid Capital
$110,000Total Investment
$225,000 to $275,000Required Net Worth
$250,000Number of Units
977In Business Since
1972* For Current Info See:
Franchise Disclosure Document
Overview
Meineke Car Care Centers has successfully adapted its automotive
business franchise system to the one-stop model that today's consumers
are looking for. Together both franchisor and franchisees share the
advantages of a nationally recognized name with a strong new image,
broad range of services, hands-on training, and a Meineke system that's
geared to business success. Benefits like these give each Meineke
franchise a significant edge over the automotive competition in their
market area. With a strong desire to succeed, you too can forge a
Meineke success story in today's expanding automotive service market
place.
Products & Services
At
Meineke we know Exhaust. Whether you just need a clamp fixed on
your muffler, or you are interested in custom
performance exhaust systems, Your Local
Meineke Shop can get the job done!
With highly trained exhaust system technicians and the capability
to custom bend exhaust pipes to fit any make or model of vehicle,
Meineke is the place to bring your vehicle for all your exhaust
system needs!
If
your vehicle isn't stopping like it should, don't hesitate, bring it
into Meineke today for a FREE* inspection of your car brakes!
Problems with your car brakes are
serious and waiting to bring it in when there is a problem may just
make the problem worse. Bring your vehicle into your local
Meineke dealer for a FREE* no-obligation brake inspection at the first
hint of trouble. Our break repair technicians will inspect your
car brakes and tell
you exactly what the problem is.
Your vehicle's engine has hundreds of moving parts in it. These parts cause friction when they rub against each other and the friction, in turn, causes massive amounts of heat in your engine. To protect against all of this friction and heat, we introduce lubricating oil into the engine. The oil has two jobs in the engine. One is to reduce the amount of friction by putting a layer of oil between the moving parts and the other is to help vehiclery heat away from the hottest parts of the engine as it circulates through.
If there were no oil in your engine, the moving parts would create so much heat that they would eventually melt together causing the engine to lock up. Once those engine parts melt together, there is no getting them apart. So we can all agree that the oil in your engine is pretty important. But why change the oil? Isn't the oil that came with the vehicle good enough? The answer is no, and here is why...
Over time, all oil breaks down. There are many factors that contribute to the breakdown of the oil in your engine, but heat is the biggest contributing factor. In addition to the breakdown of the oil itself, there are also additives that are put in engine oil. These begin to break down and lose their effectiveness over time. There is also the issue of contamination. Small bits of dust, dirt and debris get into your engine and make the or way into the oil. All these little bits of "stuff" make the oil much less slippery and much less effective at cushioning the moving parts of the engine. So, how often should you change the oil? Most technicians recommend that you get an oil change every 3000 miles for maximum engine protection. Check your vehicle's owner's manual for the recommendations for your specific vehicle, but be vehicleeful. Some manuals recommend an oil change every 7500 miles under certain driving conditions. Make sure your driving meets those conditions before you decide to risk waiting that long for an oil change.
Your vehicle's engine has hundreds of moving parts in it. These parts cause friction when they rub against each other and the friction, in turn, causes massive amounts of heat in your engine. To protect against all of this friction and heat, we introduce lubricating oil into the engine. The oil has two jobs in the engine. One is to reduce the amount of friction by putting a layer of oil between the moving parts and the other is to help vehiclery heat away from the hottest parts of the engine as it circulates through.
If there were no oil in your engine, the moving parts would create so much heat that they would eventually melt together causing the engine to lock up. Once those engine parts melt together, there is no getting them apart. So we can all agree that the oil in your engine is pretty important. But why change the oil? Isn't the oil that came with the vehicle good enough? The answer is no, and here is why...
Over time, all oil breaks down. There are many factors that contribute to the breakdown of the oil in your engine, but heat is the biggest contributing factor. In addition to the breakdown of the oil itself, there are also additives that are put in engine oil. These begin to break down and lose their effectiveness over time. There is also the issue of contamination. Small bits of dust, dirt and debris get into your engine and make the or way into the oil. All these little bits of "stuff" make the oil much less slippery and much less effective at cushioning the moving parts of the engine. So, how often should you change the oil? Most technicians recommend that you get an oil change every 3000 miles for maximum engine protection. Check your vehicle's owner's manual for the recommendations for your specific vehicle, but be vehicleeful. Some manuals recommend an oil change every 7500 miles under certain driving conditions. Make sure your driving meets those conditions before you decide to risk waiting that long for an oil change.
Training & Support
Meineke has in-house and field based operational and training employees
and vendor resources at it's disposal. These resources are used to
provide regular visits and communications to ensure that you are
adequately prepared to achieve success.
In addition, Meineke continues to invest in technology to provide
Business Tools on-line. Meineke has an extensive "Dealer Access"
web-site that provides operations manuals, on-line training modules, an
interactive forum for franchisees to discuss common issues and
publications designed to keep you up to date. Meineke has recently
added an on-line Business Planning tool that will help you to
understand any weaknesses in your financial or operational performance
(through benchmarking) and will provide specific action plans to remedy
those weaknesses.Are You a Good Fit for Meineke Car Care Centers?
You are not required to have any automotive or mechanical background.
It would be typical, however, for lenders to require that you have 2-3
years of "management" experience and we prefer to see some experience
in dealing with members of the public in some capacity (although this
is not required). A typical project (excluding Real Estate) will average around
$220k-$240k including the license fee, equipment, signage and working
capital. You will be required to come up with 25% of the cash
(typically $55k-$75k). This 25% can come from cash, stocks & bonds,
home equity or your 401 k pension funds (which can be accessed without
penalty).
Assuming that you have a reasonable credit profile (FICO credit score over 650), Meineke has preferred lender programs with a number of financing sources including Seigel Capital, Wachovia and Business Loan Express who can lend the balance necessary to get you in business.
Assuming that you have a reasonable credit profile (FICO credit score over 650), Meineke has preferred lender programs with a number of financing sources including Seigel Capital, Wachovia and Business Loan Express who can lend the balance necessary to get you in business.
