Meineke Car Care Centers Franchise Opportunities

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    Meineke Car Care Centers Franchise Opportunities - Presentation Transcript

    1. FRANCHISE OPPORTUNITIES
      Paving the way for entrepreneurs like you
      Welcome to Financial Freedom
    2. 01
      Paving the way for entrepreneurs like you
      PRESENTATION OVERVIEW
      • In The News
      • Franchising Facts
      • Meineke – Our History
      • The Dynamic Auto Repair Industry
      • Why Meineke?
      • Investment Criteria?
      • How Do I Proceed, and What Is the Typical Process?
      • Questions and Answers
    3. 02
      Paving the way for entrepreneurs like you
      IN THE NEWS
      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.
      “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”
      Lang Marketing Resources Press Release
      “Automotive Aftermarket $7 Billion Sales Boom Created by 2,000 Car Dealer Closings in 2009”
      -March 17, 2009
    4. 03
      Paving the way for entrepreneurs like you
      IN THE NEWS
      “Hard Times Rev Up Car Repairs”
      76% of automotive mechanics expect to see more work in 2009 than 2008.
      USA Today
      “Hard Times Rev Up Car Repairs”
      -Feb. 9, 2009
    5. 04
      Paving the way for entrepreneurs like you
      IN THE NEWS
      “People are coming in and wanting repairs”
      The Automotive Service Association reports an overall increase in auto repair customer count
      Wall Street Journal
      “The Hot New Car is Your Old Car”
      -Feb. 26, 2009
    6. 05
      Paving the way for entrepreneurs like you
      IN THE NEWS
      “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. “
      CNN.com
      “U.S. Car Repair Shops Getting Mileage Out of Thriftier Times”
      -March 14, 2009
    7. 06
      Paving the way for entrepreneurs like you
      FRANCHISING FACTS
      41% Percentage
      Growth of Franchise Units from 2001 - 2005
      1 Million Plus
      Number of Franchise Units in the US
      2.3 Trillion
      Total Annual US Economic Output
      21 Million
      The Number of Jobs Contribute to Franchising
    8. 1972
      Meineke Discount Muffler is Founded by Sam Meineke
      1996
      Ken Walker Joins Meineke as it’s President and CEO
      2003
      Meineke Changes it’s Name to Meineke Car Care Centers
      Meineke (Driven Brands) Acquires Econo Lube N’ Tune and Opens First Co-Brand Store
      2006/07
      2008
      Driven Brands Acquires MAACO
      07
      Paving the way for entrepreneurs like you
      OVER 35 YEARS OF SUCCESS
      2008 IFA Female Franchisee of the Year
    9. 08
      Paving the way for entrepreneurs like you
      DRIVEN FOR SUCCESS
      Nearly 1 Billion Dollars in Combined Annual Sales.
    10. 09
      Paving the way for entrepreneurs like you
      ‘08 DRIVEN BRANDS SYSTEM WIDE SALES
      • Excludes approximately 30 transition centers
      • Vehicles Serviced & Annual Revenues are estimated based on average number of units and average unit sales
    11. 10
      Paving the way for entrepreneurs like you
      US AUTOMOTIVE AFTERMARKET
      • Aftermarket Service Business Grows 1.8% in 2008
      • The Average Age of Vehicles Reach 12.3 Years in 2008
      • Dealership Market Share Falls for the 8th Consecutive Year
      • 1 in 5 Dealerships Are Projected to Close in 2009
    12. 11
      Paving the way for entrepreneurs like you
      CONSUMER SPENDING
      • Annual Miles Driven was Estimated at 12,375 in 2008
      • Consumers Spend $495.00 to $680 on Vehicle Maintenance Annually
      • Highest Repair Spending on Vehicles 4 - 7 Years Old
      • Meineke Provides 100% of All Services Measured by the AAIA
    13. 12
      Paving the way for entrepreneurs like you
      WHY MEINEKE?
      Meineke Is Without a Doubt the Leader in Automotive Franchising
      • US Brand Recognition is 94%
      • 95% Success Rate
      • Territory Protection
      • Corporate Fleet Accounts
      DIVE
      LET’S
      DEEPER
      • Unlimited Service Potential • Comprehensive Marketing and Advertising
      •Strong Unit Economics•Meineke University
      •Operations Support•Software and Technology Support
      • Unparallel Purchasing Power
    14. 13
      Paving the way for entrepreneurs like you
      UNLIMITED SERVICE POTENTIAL
      • Air Conditioning Service • Alignments
      • Batteries • Belts
      • Brakes • Exhaust
      • Fluid Exchanges • General Repair
      • Maintenance Packages
      •Tires
      • Tune Ups
      • Lube Oil Filter Service
      • Shocks and Struts
    15. 14
      Paving the way for entrepreneurs like you
      MEINEKE UNIT ECONOMICS
      Average 6 Bay Meineke
      * See Item 19 & Exhibit Y in FDD for complete details
      ROYALTY
      • 3 - 7% Varies Per Service
      ADVERTISING
      • .5% Creative
      • 3.0% National
      • 4.5% Local
    16. 15
      Paving the way for entrepreneurs like you
      EFFECTIVE MARKETING & ADVERTISING
      Local Print Ads
      Comprehensive Advertising Program
      $30M+ Annual Expenditure
      Yellow Pages
      Meineke Car Care Bowl
      CRM Direct Mail Systems
      National Television
      Point of Sales Materials
    17. 16
      Paving the way for entrepreneurs like you
      INTRODUCING MEINEKE MIKE
      Meineke Commercial


    18. At Meineke, our commitment to you begins with me
      17
      Paving the way for entrepreneurs like you
      OPERATIONS SUPPORT
      • Managers Conventions
      •Annual Conventions
      • Field Visits
      •Weekly Webinars
      •Online Training
      • Publications
      •Tech Support Phone Line
      • National Warranty Program
      •Dealer Association
    19. 18
      Paving the way for entrepreneurs like you
      3 MONTHLY NEWSLETTERS
      Meineke Insight
      Meineke Protech
      Manager’s Toolbox
    20. 19
      Paving the way for entrepreneurs like you
      FRANCHISEE INTRANET
      100’s of Recorded Webinars and Online
      Courses
      Buying Power
      Weekly Sales by
      Class of Service
      Current Promotion
    21. 20
      Paving the way for entrepreneurs like you
      OUR FOCUS
      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.
      Center #745
      44% Customer Retention Rate
      33 Fluid and Filter Services
      1.95 Jobs Per Ticket
    22. Equipment
      Working Capital
      Other
      Franchise Fee
      Inventory
      21
      15,000.00
      Paving the way for entrepreneurs like you
      INVESTMENT
      CRITERIA
      30,000.00
      130,000.00
      Estimated $275,000 Investment
      50,000.00
      Requirements
      • Credit Score of 675 or better
      • Cash Injection 25 - 30%
      • Net Worth Requirement $200,000
      Special Programs
      • Vet Fran Discount - 25% off License Fee
      • 401K Rollover – We Can Help You Access (Tax Free) 401k Dollars to Be Used for Your Acquisition
    23. • Inquiry and Introductory Phone Call
      • Review Information Package
      • Fill Out Questionnaire
      • Preliminary Approval
      • Review Franchise Disclosure Document
      • Meineke Presentation and Discussion
      • Due Diligence
      • Final Approval
      • Go / No Go Decision
      • Receive Franchise Agreement
      • Sign Franchise Agreement
      Introduction
      Week 1 - 2
      Research
      Week 3 - 4
      Purchase
      Week 5 - 6
      22
      Paving the way for entrepreneurs like you
      FRANCHISE PURCHASE TIME FRAME 30 - 45 DAYS
    24. 23
      Paving the way for entrepreneurs like you
      AFTER THE LICENSE IS PURCHASED
      Project Coordinator Assigned
      Real Estate Expert Assigned
      Financial Partner Introduced
      Purchase License
      Training and Opening Support
      Open Center with Operations Manager
      Equipment and Inventory Purchased and Installed
    25. 24
      Paving the way for entrepreneurs like you
      WHAT OUR FRANCHISEES ARE SAYING
      • Strong System • Family Values
      • Genuine Support • Not Reinventing the Wheel
      • Exciting Business • Great Industry
      •No Automotive Experience Required
    26. 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
      25
      Paving the way for entrepreneurs like you
      QUESTIONS
      Meineke Car Care Centers, Inc.
      128 S. Tryon St, Suite 900
      Charlotte, NC 28202
      800.275.5200
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