Start-Up Costs and Fees |
||
| Mikes Master Mechanics | Meineke Car Care | |
| Investment | 122000 - 400000 | 319774 - 610318 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $20.8K+/yr. |
| Advertising Fee | 1% | 6% |
| Year Founded | 2002 | 1972 |
| Year Franchised | 0 | 1972 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mikes Master Mechanics | Meineke Car Care | |
| Experience | Automotive knowledge is helpful, but not necessary. Strong Marketing and Communication Skills. Experience in Sales and Business Operations. The ability to manage and motivate a team of employees. Strong Organizational skills and ability to follow a proven system Desire to Build a Successful Business while servicing your community. | General business experience Supervisory experience |
Financing Options |
||
| Mikes Master Mechanics | Meineke Car Care | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mikes Master Mechanics | Meineke Car Care | |
| Training | Operational/Management Training In-Store Training Hiring Assistance Customer Satisfaction Training Quality Assurance Procedures Accounting Systems Training Acquiring Wholesale Accounts Insurance Selection Warranty Programs Proprietary Software Training Advertising/Marketing Best Practices | Ongoing technical hotline, online courses available |
| Support | Site Selection Assistance Facilities Design Lease Negotiation Assistance Source for Financing New Business Start-Up Planning Training Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 5 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Mikes Master Mechanics | Meineke Car Care | |
| US Expansion | Alabama, Arizona, Colorado, Connecticut, Florida, Georgia, Iowa, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Washington | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mikes Master Mechanics | |
| Meineke Car Care | |
| Franchise Fee | |
| Mikes Master Mechanics | |
| Meineke Car Care | |
| Royalty Fee | |
| Mikes Master Mechanics | 6% |
| Meineke Car Care | $20.8K+/yr. |
| Advertising Fee | |
| Mikes Master Mechanics | 1% |
| Meineke Car Care | 6% |
| Year Founded | |
| Mikes Master Mechanics | 2002 |
| Meineke Car Care | 1972 |
| Year Franchised | |
| Mikes Master Mechanics | 0 |
| Meineke Car Care | 1972 |
| Term Of Agreement | |
| Mikes Master Mechanics | |
| Meineke Car Care | 15 years |
| Renewal Fee | |
| Mikes Master Mechanics | |
| Meineke Car Care | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Mikes Master Mechanics | Automotive knowledge is helpful, but not necessary. Strong Marketing and Communication Skills. Experience in Sales and Business Operations. The ability to manage and motivate a team of employees. Strong Organizational skills and ability to follow a proven system Desire to Build a Successful Business while servicing your community. |
| Meineke Car Care | General business experience Supervisory experience |
Financing Options |
|
| Franchise Fees | |
| Mikes Master Mechanics | |
| Meineke Car Care | |
| Start-up Costs | |
| Mikes Master Mechanics | |
| Meineke Car Care | |
| Equipment | |
| Mikes Master Mechanics} | |
| Meineke Car Care | |
| Inventory | |
| Mikes Master Mechanics | |
| Meineke Car Care | |
| Receivables | |
| Mikes Master Mechanics | |
| Meineke Car Care | |
| Payroll | |
| Mikes Master Mechanics | |
| Meineke Car Care | |
Training & Support |
|
| Training | |
| Mikes Master Mechanics | Operational/Management Training In-Store Training Hiring Assistance Customer Satisfaction Training Quality Assurance Procedures Accounting Systems Training Acquiring Wholesale Accounts Insurance Selection Warranty Programs Proprietary Software Training Advertising/Marketing Best Practices |
| Meineke Car Care | Ongoing technical hotline, online courses available |
| Support | |
| Mikes Master Mechanics | Site Selection Assistance Facilities Design Lease Negotiation Assistance Source for Financing New Business Start-Up Planning Training Support |
| Meineke Car Care | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Mikes Master Mechanics | |
| Meineke Car Care | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Mikes Master Mechanics | |
| Meineke Car Care | International franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 5 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Mikes Master Mechanics | Alabama, Arizona, Colorado, Connecticut, Florida, Georgia, Iowa, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Washington |
| Meineke Car Care | |
| Canada Expansion | |
| Mikes Master Mechanics | |
| Meineke Car Care | |
| International Expansion | |
| Mikes Master Mechanics | |
| Meineke Car Care | |