There is no assurance that you will meet or exceed the financial performance information stated herein, and you must assume that risk. Hit enter to search or ESC to close. Own a high-performing, proven automotive franchise. Over 5 decades of success. A franchise that car owners depend on. Video Transcript. Investing in a highly profitable industry leads to impressive revenue and growth. Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.
Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Term of Agreement 15 years.
Is franchise term renewable? Financing Options Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees. Third Party Financing Meineke Car Care Centers has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory.
On-The-Job Training 7 hours. Classroom Training 69 hours. Additional Training As needed. Ongoing Support Purchasing Co-ops. Toll-Free Line. Grand Opening. Online Support. Lease Negotiation. Field Operations. Site Selection.
Proprietary Software. Franchisee Intranet Platform. Marketing Support Co-op Advertising. Ad Templates. National Media. Regional Advertising. Social Media. Website Development. Email Marketing. Operations Additional details about running this franchise. Is absentee ownership allowed? Can this franchise be run part time? Are exclusive territories available? Our franchisees come from diverse professional backgrounds, which is what makes our brand so unique.
Meineke provides a first class, two and a half week training program that teaches the skills needed to run a successful automotive franchise. However, the type of opening and how many auto franchise centers you are opening will determine the amount of cash required for funding. Rest assured, there are a variety of financial opportunities and considerations that may be available to you.
For the qualified franchisee candidate, this is opportunity is absolutely available. Meineke offers incredible incentives for those individuals who are looking to be a Multi Shop Operator.
Meineke has both in-house and field-based employees, as well as a network of real estate brokers, who assist franchisees in real estate selection and the development process of their automotive franchise. Unlike our competition, Meineke provides exclusive car repair business territory protections. This means when you are granted a specific location, no franchise will infringe on your territory.
Meineke is a one-stop, automotive franchise shop that offers a wide variety of services to customers. Through constant research of car care products and the car repair market, Meineke assists franchisees in maximizing earning potential through service, repair and products.
Meineke offers a comprehensive advertising and marketing program. With a multi-million dollar advertising fund, Meineke arranges for national and local television placements, local search marketing and local print ads.
See FDD for details. Indemnification Will vary under the circumstances. Training Fees No charge associated with initial training, but the franchisor may charge a fee to cover its out of pocket costs of supplemental training.
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