Franchise Deep Dive: Meineke Car Care Centers' Franchise Costs, Fees, Profit and Data

LAST UPDATED: July 17, 2023
FRANCHISE WEBSITE: https://meinekefranchise.com/
NUMBER OF LOCATIONS: 700+
REPORTED COST TO GET IN: $123,121 to $572,411.94
REPORTED ROI (Item 19): $726,400 average gross revenue

Meineke Car Care Center, commonly referred to as just Meineke, is an automotive repair and maintenance franchise. The brand self-identifies as a “high-quality, technology-focused one-stop center for car owners across the country.” The brand was founded in San Antonio, Texas by Sam Meineke in 1972 and sold its first franchise within that same year. In 1999, Meineke combined with body shop company Maaco to form Driven Brands, which was acquired by Roark Capital Group in 2015.

Driven Brands is the franchise network that owns and operates brands such as Meineke, Maaco, Take 5 Oil Change and CARSTAR.

How Many Meineke Locations Are There?

As of July 2023, there are over 700 Meineke locations across the country.

What Is Meineke’s Business Model?

As an automotive repair and maintenance franchise, Meineke’s business model is primarily focused on providing automotive services to customers. The brand offers a wide range of services, including routine maintenance, general repairs and specialized services.

For franchisees, Meineke provides its owners with the tools to optimize efficiency and has a key performance indicator (KPI) dashboard that offers data that can help improve performance and increase profit. The brand also provides its owners with ample assistance with everything from site selection to comprehensive training, marketing and ongoing support. Franchise owners are also able to get 24/7 support from Driven Brands’ corporate system.

For interested parties, Meineke does not require its franchisees to have any automotive or mechanical experience or background. The brand notes that it provides a “first class” two-and-a-half-week training program that teaches all the skills needed to run a successful automotive franchise.

How Much Can Meineke Franchise Owners Make?

According to the brand’s website, between December 2019 through 2020, the average gross revenue of a Meineke Car Care Center franchise was $726,400. For more recent figures, contact Meineke directly about reading the Franchise Disclosure Document, which will state the total earnings of any company or franchise-owned unit as a reference.

How Much Does It Cost to Open a Meineke Franchise?

The total investment necessary to begin the operation of a Meineke franchise ranges from $123,121 to $572,411.94. Interested parties must also have a net worth of at least $1 million and $500,000 in liquid assets.

What Is the Franchise Fee for a Meineke?

Meineke does not publicly disclose its franchise fee. However, according to third-party sources, Meineke has an initial franchise fee of $45,000.

Who’s On Meineke’s Leadership Team?

• Jonathan Fitzpatrick, President and CEO at Driven Brands
• Scott O’Melia, Executive VP, General Counsel at Driven Brands
• Gary W. Ferrera, Executive VP, CFO at Driven Brands
• Danny Rivera, Executive VP, COO at Driven Brands

What Helpful Articles Can I Read to Learn More About Meineke?

• Franchise Players: From Technician to ‘All In’ as a Car Care Franchisee
• Meineke honors franchisees, celebrates 50th anniversary
• Meineke Ranked No. 1 Automotive Repair and Maintenance Provider In Entrepreneur Magazine’s Franchise 500 Rankings
• Veterans Find Meineke Ownership a Great Second Career

Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.