The U.S. automotive service marketplace is a dynamic and growing industry. At Meineke, we provide the opportunity of business ownership at a world-class level through our successful automotive franchise model.
|Average Meineke Center – Sales: $717,864* (2015)|
|Cost of Goods Sold||26.5%||$185,509|
|Direct Labor (Inc. P/R Tax)||18.90%||$132,307|
|Average Earnings after Royalty and Advertising Fees||22.65%||$158,558*|
*Please see item 19 for further earning details . Meineke center average gross revenues for fiscal year end Dec. 27, 2014 for Meineke centers opened for more than 2 years that have a 3 star or higher rating. Assuming Owner-Operator model. Meineke center average gross revenues for fiscal year end Dec 26, 2015. 2015 average expense information being compiled.
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Today, Driven Brands has over 1,600 centers operating worldwide.
In 2006, Driven Brands, Inc., the parent company of Meineke Car Care Centers, acquired a chain of nearly 200 quick lube complete auto care centers called Econo Lube N’ Tune and Brakes. The logic behind this acquisition was to gain market share predominantly on the West Coast and to provide a new, co-branded model designed to increase customers and overall customer retention. Today there are nearly 120 Meineke/Econo Lube automotive franchise opportunities operating nationwide. Driven Brands, inc., is the parent company of the below brands.
In 2006, Driven Brands, Inc., the parent company of Meineke Car Care Centers, acquired a chain of nearly 200 quick lube repair centers called Econo Lube N’ Tune and Brakes. The logic behind this acquisition was to gain market share predominantly on the West Coast and to provide a new, co-branded model designed to increase customers and overall customer retention. Today there are nearly 120 Meineke/Econo Lube automotive franchises operating nationwide. Driven Brands, inc., is the parent company of the below brands.
Meineke Car Care Centers
Meineke has successfully adapted its automotive franchise system to the one-stop model that today’s consumers are looking for. Ranked top 500 by Entrepreneur Magazine, both franchisor and franchisees share the advantages of a nationally recognized name, a broad range of services, hands-on training, and a Meineke system that’s geared for business success. Benefits like these give each Meineke franchise a significant edge over the automotive competition in their market area.
Maaco Collision Repair & Auto Painting
At Maaco Collision Repair & Auto Painting, it’s what’s on the outside that counts. Maaco has been making, and keeping, automobiles aesthetically pleasing since 1972. Maaco maintains nearly 500 locations across the globe and is regarded as one of today’s best automotive franchise opportunities. With system-wide sales approaching 1/2 billion dollars, we are North America’s number-one automotive aftermarket franchise in terms of unit sales. Maaco has been recognized by experts in the franchising industry and the media for our overall excellence, growth potential and helpful support systems for store operators.
Drive N Style
Drive N Style is a mobile installation company, with a focus on creating “Special Editions.” Our CREATE YOUR OWN SPECIAL EDITION™ is part of a $29 billion retail industry that capitalizes on America’s love affair with cars and trucks. We are #1 in our category and a franchise success throughout North America.
Econo Lube N’ Tune
In August of 2006, Meineke, through its parent company Driven Brands, Inc. acquired Econo Lube N’ Tune, Inc.- a chain of nearly 200 quick lube and general repair service centers located throughout the southwest portion of the United States. The Meineke Car Care and Econo Lube Co-Brand opportunity combines nearly 80 years of automotive and franchise leadership and nearly 1,100 locations, providing the ultimate business system in today’s automotive aftermarket. With the ability to provide a fast and convenient quick lube service and complete car care, our co-brand centers are able to meet and exceed the expectation of today’s customers.
Since 1975, Merlin’s “A to Z” service menu is helping you go farther by providing all the services you need to help you enjoy the full life of your vehicle. Merlin’s average annual sales per franchise location are much higher than many of the larger competitors. Simply said, Merlin will show you a great way to save money with the “The Drive for 200,000” rewards program. From simple oil changes, brake service, fluid exchanges, tire replacement and more, Merlin’s well-trained technicians will help motorists on their way with more money to spend on the finer things in life.
1-800 Radiator & A/C
1-800 Radiator & A/C is part of the fast growing automotive aftermarket, with over $235 million of sales nationwide in 2014. They are a wholesaler of cooling, air conditioning, and fuel delivery parts, selling them directly to repair facilities all over the US and Canada. Each territory is protected, and defined by a set of zip codes. The sales cycle is quite simple: local marketing efforts will generate phone calls and internet orders which are routed to your local warehouse where invoices print; your drivers then deliver brand-new auto parts to local wholesale customers (repair shops, body shops, dealerships, parts stores, etc). Rinse, repeat.
CARSTAR Auto Body Repair Experts is North America’s largest multi-shop operator network of independently owned and operated collision repair facilities with more than 430 locations in 31 states and 10 Canadian provinces. CARSTAR stores deliver national scale, consistently high-quality vehicle repairs and the industry’s highest customer satisfaction ratings. Most repairs are backed by a limited five-year nationwide warranty.
Contact us today to discuss your future with our car care company. We are located in Charlotte, North Carolina, but serve entrepreneurs like you both nationally and internationally.