How to Start Meineke Car Care Centers Franchise
Franchises these days are really popular and one way to earn good money is by starting a Meineke Car Care Centers franchise. In this article, you will learn about the how to's and the costs involved.
That way, you will instantly know if this is the right choice for you.
The How To’s of Meineke Car Care Centers Franchise
To become a franchisee, you will need to answer and submit the preliminary discovery questionnaire provided by Meineke. You are required to review the FDD (Franchise Disclosure Document) and the FTA (Franchise and Trademark Agreement). After doing so, you can now schedule a meeting with one of the development specialists of Meineke. Once an agreement is reached, you can now sign the agreement and buy a license. If you’re having problems with the process of real estate, the development manager can help you. You will also be entitled for assistance and will work closely with a project coordinator. For funding, the company will provide names of possible finance brokers. After addressing the location factor and financing, the location can either be purchased or leased with the help of Meineke. Two months before the opening, you will undergo 1-month training at Charlotte NC. The training fee is already included in the license fee paid by the franchisee.
You will never feel alone if you choose to become a Meineke Car Care Centers franchisee. Through the entire project, you will work closely with a project coordinator. The shop layout will be supervised by the product/equipment manager and the operations manager will help you in the different aspects of the business. After the opening, the operations manager will simply make periodic visits to check on your progress.
The Cost to Start Meineke Car Care Centers Franchise
Your total start up cost can range from $180,000 to $365,000. As you can see, this is a big amount and so you will need to study the market and the opportunities in your area. A big investment like this requires careful thinking. The initial fee for the franchise is only $30,000 with a 2.5% to 7% royalty fee. The franchise agreement has a term of 15 years but you can still renew after that period by paying the $2.5K renewal fee.
92% Americans already know Meineke because it’s a trusted name in the industry. At present, it now has around 900 franchisees and you can also be one of them. By becoming a partner, you can enjoy the brand recognition, advertising programs, assistance for site location, and in-depth analysis of the market, business model for growth, extensive trainings, as well as ongoing support. This is a great opportunity that you shouldn’t pass. Become a franchisee now and use this great ‘how to’ guide so that you will know the step by step process.
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