FranDB
Meineke

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.

Since 1972AutomotiveCharlotte, NCDriven Brands, Inc.www.meineke.com
Item 19 AvailableSBA Loan Data

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

Investment
$224,898 - $1,200,818
Franchise Fee
$45,000
Locations
716

Financial Requirements

Franchise Fee$45,000
Initial Investment Range$224,898 - $1,200,818
Royalty Rate5.00%
Brand Fund8.00%
Fixed Monthly Fees$305 - $750

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

Franchise Locations716
Corporate Locations0
States Operating49
Franchising Since1972
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$971,221
Median Gross Revenue
$913,607
EBITDA Margin
20.40%
Top Quartile Revenue
$1,297,015
Bottom Quartile Revenue
$646,613
Average Gross Profit
$784,248
Average EBITDA
$211,147

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
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
Meineke
Current
$225K - $1.2M$45K5.0%716
Bimbo Foods Bakeries Distribution, LLC$14K - $607KN/AN/A6,454
THE UPS STORE (TRADITIONAL)$216K - $609K$30K5.0%4,500
JACKSON HEWITT TAX SERVICE$71K - $105K$25K15.0%2,744
CRUISE PLANNERS$2K - $21K$11K3.0%2,655
SERVPRO (UNIT)$259K - $380K$100K10.0%2,286
Business Services Average
187 franchises
$118K - $285K$46K10.4%-

* 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

Top States by Outlet Count
1TX
52
2PA
52
3NC
47
4NJ
44
5IL
40
6NV
32
7IN
26
8VA
25
9FL
25
10MA
24
11MO
22
12CO
22
13MD
22
14CT
21
15WA
19

+33 more states

SBA Loan History

Historical SBA 7(a) loan data for Meineke franchisees (2010 - 2025)

Total Loans
277
Average Loan Amount
$450,596
Total Loan Volume
$124,815,200
Default Rate
13.4%

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)

Franchisee Litigation Cases8

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)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
8
Non-Renewals
8
Reacquired by Franchisor
0
Ceased Operations (Other)
6
System Transfers
74
Sold to Franchisees
0
Projected New Franchises
14

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.

Interested in Meineke?

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