Meineke
Meineke franchises automotive maintenance and repair centers that specialize in servicing exhaust system components, brake system components, and providing other automotive maintenance and repair services. The business model allows franchisees to operate these centers under the Meineke brand, offering quick and reliable vehicle services. The target market includes vehicle owners seeking professional auto repairs and maintenance.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
Tiered royalty (3%-7% of gross sales by service category, typical 5%) + 8% MAF ad fund (1.5% on tires/towing/inspections) + $305-$750/mo technology/software fees
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 549 franchised Meineke Centers that operated from December 31, 2023 through December 28, 2024 (the “2024 Fiscal Year”) and that met the following criteria: (i) the Meineke Center had operated for at least 2 full years as of the end of the 2024 Fiscal Year; (ii) the Meineke Center operated with at least 5 repair bays; and (iii) the Meineke Center reported Gross Revenues and KPI data to us for the full 2024 Fiscal Year.
* Primary average gross revenue and median gross revenue are based on 549 franchised Meineke Centers for the 2024 Fiscal Year, as detailed in Part A of the financial performance representation. Revenue for Top 50% and Bottom 50% segments are also derived from this sample. Gross profit and EBITDA figures are based on a subset of 91 franchised Meineke Centers that provided full P&L statements and met additional criteria, as detailed in Part C. Weighted average calculations were performed to verify the reported 'Average for All Meineke Centers' values for the 91-center sample (Gross Revenues, Gross Profit, 4-Wall EBITDA, and 4-Wall EBITDA %). The 'best_guess_profit_low' is the average 4-Wall EBITDA for the bottom performing 50% of the 91 centers ($127,333), and the 'best_guess_profit_high' is the average 4-Wall EBITDA for the top performing 50% of the 91 centers ($296,824), providing a range based on segmented performance.
Extracted Item 19 Section
How Meineke Compares to Other Business Services Franchises
Key Insights
- Higher investment than 89% of Business Services franchises
- Lower than average SBA loan default rate in Business Services
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Meineke Current | $225K - $1.2M | $45K | 5.0% | 716 |
| Bimbo Foods Bakeries Distribution, LLC | $14K - $607K | N/A | N/A | 6,454 |
| THE UPS STORE (TRADITIONAL) | $216K - $609K | $30K | 5.0% | 4,500 |
| JACKSON HEWITT TAX SERVICE | $71K - $105K | $25K | 15.0% | 2,744 |
| CRUISE PLANNERS | $2K - $21K | $11K | 3.0% | 2,655 |
| SERVPRO (UNIT) | $259K - $380K | $100K | 10.0% | 2,286 |
Business Services Average 187 franchises | $118K - $285K | $46K | 10.4% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 187 Business Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+33 more states
SBA Loan History
Historical SBA 7(a) loan data for Meineke franchisees (2010 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
Primarily fee collection, royalty payment, advertising contribution, and breach of contract disputes initiated by franchisor against franchisees; franchisee claims involving fraud in inducement, misrepresentation, renewal rights, and good faith/fair dealing.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Meineke franchise?
The total initial investment to open a Meineke franchise ranges from $224,898 to $1,200,818. This includes a franchise fee of $45,000. Ongoing royalty fees are 5.0% of gross sales.
How much revenue does a Meineke franchise make?
According to the 2025 FDD, the average gross revenue for a Meineke franchise is $971,221. The median revenue is $913,607.
How much profit can you make with a Meineke franchise?
Based on the financial performance data in the FDD, estimated profit for a Meineke franchise ranges from $127,333 to $296,824 per year. Actual results vary based on location, management, and market conditions.
How many Meineke franchise locations are there?
As of the 2025 FDD, Meineke has 716 franchise locations. The company has been franchising since 1972.
Can you get an SBA loan for a Meineke franchise?
Yes, SBA loans are available for Meineke franchises. Historical data shows 277 SBA 7(a) loans have been approved for Meineke franchisees, with an average loan amount of $450,596. The historical default rate is 13.4%.
Is Meineke a good franchise to buy?
Meineke shows several positive indicators: established brand with 716+ locations, transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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