Seller Financing Available

Asking Price:

$250,000

Gross Income:

N/A

Cash Flow:

N/A

EBITDA:

N/A

FF&E:

$65,000.00 *

Inventory:

$10,000.00 *

Real Estate:

N/A

Year Established:

1989

Employees:

3-5

Business Types:

Auto Repair, Parts & Services
Miscellaneous Repair Services

* included in the asking price

Business Description

With so many franchise and business opportunities available today, how does someone identify a business model that is right for them? While the answers vary, at Meineke Car Care Centers we think potential business owners should consider the following:
STABILITY: Is the industry you are looking into stable and growing? Is the franchise concept stable and growing? Has the concept been proven? At Meineke the answer to the above questions is YES, YES and absolutely. With nearly 40 years of experience and 900 centers worldwide, you will be comforted to know that Meineke is the number one service provider in the 290 billion dollar automotive aftermarket.
ENJOYMENT AND PRIDE OF OWNERSHIP: If you enjoy interacting with people and providing valuable and high demand services, then Meineke may be right for you. As a Meineke franchisee you will be a pillar of the community and as such, you have the responsibility and opportunity to engage with your local customers. Quite often, second only to a house, a person s vehicle is their most prized possession and they will look to you for high quality repairs. As a Meineke franchisee you will network with thousands of customers, not to mention the national fleet and trade accounts that have been established through the parent company.
THE ONLY REGRETS ARE THE OPPORTUNITIES THAT YOU HAVE ALWAYS WANTED, BUT NEVER TOOK THE ACTION TO MAKE HAPPEN: As the leader in automotive franchising, Meineke completely understands that buying a business or joining a franchise is not right for everybody. However, if you are serious and our program sparks your interest, then we encourage you to contact us today. We will provide detail information on your center and will demonstrate the success we have realized based on the improvements we have accomplished.

Detailed Information

Facilities:

Meineke Car Care Centers has developed a new offering called Meineke Extreme. The opportunity consists of company selected centers that are currently undergoing significant and Extreme improvement and modifications to the business. In most centers we have invested between $75,000 and $125,000 in capital improvements, repairs and equipment. These centers are fully functional and operating at a high level.

Competition:

At Meineke we understand that the way to grow your business is by attracting new customers and retaining them as long term. In that spirit, Meineke has invested tens of thousands of dollars in marketing designed to increase the base line customers for each Extreme center. We will provide a copy of our marketing efforts and results as you begin your due diligence.

Growth/Expansion:

The Meineke chain is filled with single unit franchisees as well as multi-unit owners. Many of our top multi-unit operators started with one store and gradually developed their existing trade area with multiple points. Our Franchise Disclosure Document (FDD) provides Financial Performance Representations (FPR) which demonstrates that average owners who operate their centers are taking home earnings of over 6 figures. To receive our FPR, you will be required to complete an online application; the FPR will be sent with our FDD in an electronic format.

Financing:

Partial Financing Available

Support/Training:

Most of the Extreme centers are managed by traveling field managers who have invested hundreds of hours training the existing staff to become highly qualified and knowledgeable personnel. If you are awarded this center you will be required to attend Meineke University located in Charlotte, NC where you will learn all aspects of running a successful center.

Reason Selling:

Franchise Based Operation