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Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
Meineke Car Care Centers Franchise Opportunities
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Meineke Car Care Centers Franchise Opportunities

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Right Service, Right Price. Right Opportunity. Make an investment in your future with a Meineke franchise. A trusted brand name that's recognized by over 92% of Americans. Meineke has been a strong …

Right Service, Right Price. Right Opportunity. Make an investment in your future with a Meineke franchise. A trusted brand name that's recognized by over 92% of Americans. Meineke has been a strong presence in the market for over 30 years and supplies a proven business system to nearly 900 franchisees. Why Choose the Auto Repair Industry? The automotive aftermarket is huge! Annual sales in North America are nearly $193 BILLION dollars... and growing! Plus, people are keeping their cars longer, and that increases opportunities for repair and maintenance. You don’t need automotive experience – just a passion for cars. Join Meineke To Take Advantage Of: Exceptional Brand Recognition, Growth-Focused Business Model, Comprehensive Advertising Program, Nationally Recognized Spokesperson, In-Depth Market Analysis, Site Location Assistance, Protected Territories, Extensive Training & Ongoing Support.

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  • 1.
  • 2. FRANCHISE OPPORTUNITIES<br />Paving the way for entrepreneurs like you<br />Welcome to Financial Freedom<br />
  • 3. 01<br />Paving the way for entrepreneurs like you<br />PRESENTATION OVERVIEW<br />• In The News<br />• Franchising Facts<br />• Meineke – Our History <br />• The Dynamic Auto Repair Industry <br />• Why Meineke?<br />• Investment Criteria?<br />• How Do I Proceed, and What Is the Typical Process?<br />• Questions and Answers<br />
  • 4. 02<br />Paving the way for entrepreneurs like you<br />IN THE NEWS<br />The 2009 closing of as many as 2,000 car dealers in the U.S., mostly domestic auto outlets, can provide the independent (non-dealer) automotive aftermarket with an unprecedented $7 billion annual growth opportunity in parts and service volume.<br />“This is part of the greatest restructuring of the automotive aftermarket competitive landscape since World War II, which will extend over a number of years”<br />Lang Marketing Resources Press Release<br />“Automotive Aftermarket $7 Billion Sales Boom Created by 2,000 Car Dealer Closings in 2009”<br /> -March 17, 2009<br />
  • 5. 03<br />Paving the way for entrepreneurs like you<br />IN THE NEWS<br />“Hard Times Rev Up Car Repairs”<br />76% of automotive mechanics expect to see more work in 2009 than 2008.<br />USA Today<br />“Hard Times Rev Up Car Repairs”<br /> -Feb. 9, 2009<br />
  • 6. 04<br />Paving the way for entrepreneurs like you<br />IN THE NEWS<br />“People are coming in and wanting repairs”<br />The Automotive Service Association reports an overall increase in auto repair customer count<br />Wall Street Journal<br />“The Hot New Car is Your Old Car”<br /> -Feb. 26, 2009<br />
  • 7. 05<br />Paving the way for entrepreneurs like you<br />IN THE NEWS<br />“As more cash-strapped Americans turn to do-it-yourself projects and bargain shopping, car repair shops […] are feeling the boom. Drivers are choosing to keep their old cars longer, and often they’re willing to put in the money to do so, observers say. “<br />CNN.com <br />“U.S. Car Repair Shops Getting Mileage Out of Thriftier Times”<br /> -March 14, 2009<br />
  • 8. 06<br />Paving the way for entrepreneurs like you<br />FRANCHISING FACTS<br />41% Percentage<br />Growth of Franchise Units from 2001 - 2005<br />1 Million Plus<br />Number of Franchise Units in the US<br />2.3 Trillion<br />Total Annual US Economic Output<br />21 Million<br />The Number of Jobs Contribute to Franchising<br />
  • 9. 1972<br />Meineke Discount Muffler is Founded by Sam Meineke<br />1996<br />Ken Walker Joins Meineke as it’s President and CEO<br />2003<br />Meineke Changes it’s Name to Meineke Car Care Centers<br />Meineke (Driven Brands) Acquires Econo Lube N’ Tune and Opens First Co-Brand Store<br />2006/07<br />2008<br />Driven Brands Acquires MAACO<br />07<br />Paving the way for entrepreneurs like you<br />OVER 35 YEARS OF SUCCESS<br />2008 IFA Female Franchisee of the Year<br />
  • 10. 08<br />Paving the way for entrepreneurs like you<br />DRIVEN FOR SUCCESS<br />Nearly 1 Billion Dollars in Combined Annual Sales.<br />
  • 11. 09<br />Paving the way for entrepreneurs like you<br />‘08 DRIVEN BRANDS SYSTEM WIDE SALES<br /><ul><li>Excludes approximately 30 transition centers
  • 12. Vehicles Serviced & Annual Revenues are estimated based on average number of units and average unit sales</li></li></ul><li>10<br />Paving the way for entrepreneurs like you<br />US AUTOMOTIVE AFTERMARKET<br />• Aftermarket Service Business Grows 1.8% in 2008<br />• The Average Age of Vehicles Reach 12.3 Years in 2008<br />• Dealership Market Share Falls for the 8th Consecutive Year <br />• 1 in 5 Dealerships Are Projected to Close in 2009<br />
  • 13. 11<br />Paving the way for entrepreneurs like you<br />CONSUMER SPENDING<br />• Annual Miles Driven was Estimated at 12,375 in 2008<br />• Consumers Spend $495.00 to $680 on Vehicle Maintenance Annually<br />• Highest Repair Spending on Vehicles 4 - 7 Years Old<br />• Meineke Provides 100% of All Services Measured by the AAIA<br />
  • 14. 12<br />Paving the way for entrepreneurs like you<br />WHY MEINEKE?<br />Meineke Is Without a Doubt the Leader in Automotive Franchising<br />• US Brand Recognition is 94%<br />• 95% Success Rate<br />• Territory Protection<br />• Corporate Fleet Accounts<br />DIVE<br />LET’S<br />DEEPER<br />• Unlimited Service Potential • Comprehensive Marketing and Advertising<br />•Strong Unit Economics•Meineke University<br />•Operations Support•Software and Technology Support<br />• Unparallel Purchasing Power<br />
  • 15. 13<br />Paving the way for entrepreneurs like you<br />UNLIMITED SERVICE POTENTIAL<br />• Air Conditioning Service • Alignments<br />• Batteries • Belts<br />• Brakes • Exhaust<br />• Fluid Exchanges • General Repair<br />• Maintenance Packages<br />•Tires<br /> • Tune Ups<br /> • Lube Oil Filter Service<br /> • Shocks and Struts<br />
  • 16. 14<br />Paving the way for entrepreneurs like you<br />MEINEKE UNIT ECONOMICS<br />Average 6 Bay Meineke<br />* See Item 19 &amp; Exhibit Y in FDD for complete details<br />ROYALTY<br />• 3 - 7% Varies Per Service<br />ADVERTISING<br />• .5% Creative<br />• 3.0% National<br />• 4.5% Local<br />
  • 17. 15<br />Paving the way for entrepreneurs like you<br />EFFECTIVE MARKETING &amp; ADVERTISING<br />Local Print Ads<br />Comprehensive Advertising Program<br />$30M+ Annual Expenditure<br />Yellow Pages<br />Meineke Car Care Bowl<br />CRM Direct Mail Systems<br />National Television<br />Point of Sales Materials<br />
  • 18. 16<br />Paving the way for entrepreneurs like you<br />INTRODUCING MEINEKE MIKE<br />Meineke Commercial<br />
  • 19. “<br />“<br />At Meineke, our commitment to you begins with me<br />17<br />Paving the way for entrepreneurs like you<br />OPERATIONS SUPPORT<br />• Managers Conventions<br />•Annual Conventions<br />• Field Visits<br />•Weekly Webinars<br />•Online Training<br />• Publications<br />•Tech Support Phone Line<br />• National Warranty Program<br />•Dealer Association<br />
  • 20. 18<br />Paving the way for entrepreneurs like you<br />3 MONTHLY NEWSLETTERS<br /> Meineke Insight<br /> Meineke Protech<br />Manager’s Toolbox<br />
  • 21. 19<br />Paving the way for entrepreneurs like you<br />FRANCHISEE INTRANET<br />100’s of Recorded Webinars and Online<br /> Courses<br />Buying Power<br />Weekly Sales by<br />Class of Service<br />Current Promotion<br />
  • 22. 20<br />Paving the way for entrepreneurs like you<br />OUR FOCUS<br />Our Training Focuses on Key Drivers. Franchisees Who Successfully Follow the System and Reach Their Key Driver Goals Typically Operate Well Above the Chain Average.<br />Center #745 <br />44% Customer Retention Rate<br />33 Fluid and Filter Services<br />1.95 Jobs Per Ticket<br />
  • 23. Equipment<br />Working Capital<br />Other<br />Franchise Fee<br />Inventory<br />21<br />15,000.00<br />Paving the way for entrepreneurs like you<br />INVESTMENT<br />CRITERIA<br />30,000.00<br />130,000.00<br />Estimated $275,000 Investment<br />50,000.00<br />Requirements<br />• Credit Score of 675 or better<br />• Cash Injection 25 - 30%<br />• Net Worth Requirement $200,000<br />Special Programs<br />• Vet Fran Discount - 25% off License Fee<br />• 401K Rollover – We Can Help You Access (Tax Free) 401k Dollars to Be Used for Your Acquisition<br />
  • 24. • Inquiry and Introductory Phone Call<br />• Review Information Package<br />• Fill Out Questionnaire<br />• Preliminary Approval<br />• Review Franchise Disclosure Document<br />• Meineke Presentation and Discussion<br />• Due Diligence<br />• Final Approval<br />• Go / No Go Decision<br />• Receive Franchise Agreement<br />• Sign Franchise Agreement<br />Introduction<br />Week 1 - 2<br />Research<br />Week 3 - 4<br />Purchase<br />Week 5 - 6<br />22<br />Paving the way for entrepreneurs like you<br />FRANCHISE PURCHASE TIME FRAME 30 - 45 DAYS<br />
  • 25. 23<br />Paving the way for entrepreneurs like you<br />AFTER THE LICENSE IS PURCHASED<br />Project Coordinator Assigned<br />Real Estate Expert Assigned<br />Financial Partner Introduced<br />Purchase License<br />Training and Opening Support<br />Open Center with Operations Manager<br />Equipment and Inventory Purchased and Installed<br />
  • 26. 24<br />Paving the way for entrepreneurs like you<br />WHAT OUR FRANCHISEES ARE SAYING<br />• Strong System • Family Values<br />• Genuine Support • Not Reinventing the Wheel<br />• Exciting Business • Great Industry<br />•No Automotive Experience Required<br />
  • 27. This presentation does not constitute an offer of sale of a Meineke Franchise Opportunity. For more information ask for a copy of the Meineke Franchise Disclosure Document<br />25<br />Paving the way for entrepreneurs like you<br />QUESTIONS<br />Meineke Car Care Centers, Inc.<br />128 S. Tryon St, Suite 900<br />Charlotte, NC 28202<br />800.275.5200<br />

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