Meineke Car Care Center, the 41-year-old automotive repair franchise with more than 960 locations in 48 states and five countries, is experiencing robust growth in the second quarter. With nine newly-signed franchise agreements in one month, April marks Meineke’s strongest month of franchise development this year.
The nine agreements will bring 15 new Meineke locations to Houston, Pittsburgh, Philadelphia, Dallas, Odessa, Texas; Midland, Texas; Nashville, Tenn.; Richmond, Va.; Petersburg, Va.; and Hartford, Conn. Additionally, the auto care franchise opened the doors to its two newest shops in Bloomingdale, Ill., and Thornton, Colo. Each new center will create on average five to six new jobs and will award thousands of dollars in local development contracts.
“The newly-signed franchise agreements are part of our overall goal to double the company in size, but we are focused on doing it the right way. Utilizing our infrastructure, our main focus is on helping franchisees improve their top and bottom line performance, which will also play a significant role in growing our brand,” said Sr. VP of Franchise Development of Driven Brands Inc., Dave Schaefers.
Several more units are in the pipeline to be announced in the near future. As the consumer demand for trust-worthy automotive repair continues to grow, Meineke is committed to recruiting qualified single and multi-unit franchise partners for development across the U.S. and Canada, specifically in Las Vegas, Detroit, New Orleans and Miami.
To break down the barriers of franchise development and augment brand growth in new and underserved markets, Meineke has developed several financing and incentive programs for new and existing franchisees. For qualified new franchise prospects who are committed to purchasing multiple licenses, Meineke will discount each license after the initial one is signed and will reduce royalties by 75 percent for the first year. If an existing franchise partner decides to purchase additional licenses, Meineke will discount that license, offer a comp POS system as well as a 75 percent reduction on royalty fees for the first year in operation.
Formerly known as the muffler repair experts, Meineke has evolved its menu of product offerings to meet the demands of the changing marketplace. Today, the Charlotte-based franchise has emerged as a one-stop shop for tires, brake repairs, tune-ups, alignments, shocks and struts, routine maintenance and more. The brand evolution is paying off in a big way, the company states. In 2013, Meineke sold more licenses to existing franchise partners than it did during the last four years combined.
For more information, visit www.meinekefranchise.com.
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