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| Brand | Meineke Automotive Remove |
|---|---|
| Vitals | |
Investment range | $225K – $1.2M |
Liquid capital | $50K – $75K |
Franchise fee | $45K |
Royalty rate | 7.0% |
Ad fund rate | 8.0% |
| Performance | |
Avg gross sales | $971K |
Median gross sales | $914K |
Avg owner earnings Metric varies by brand. Check type below | $211K |
Earnings metric | EBITDA |
| Risk | |
Rating | FBottom Quintile |
Risk score | 96 / 100 |
SBA charge-off rate | 27.1% |
SBA loans on record | 572 |
| Scale | |
Total units | 716 |
Net change (latest yr) | N/A |
Turnover rate | 0.8% |
| Contract | |
Initial term (years) | 15 |
Renewal term (years) | 15 |
Initial training (hrs) | 76 |
| Contacts | |
Franchisee phones | 23 |
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