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Below is an in-depth analysis and side-by-side comparison of Tilden Car Care vs Meineke Car Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $131,500 - $171,200 | $319,774 - $610,318 |
Franchise Fee | $25,000 | $35,000 |
Royalty Fee | 6% | $20.8K+/yr. |
Advertising Fee | - | 6% |
Year Founded | 1923 | 1972 |
Year Franchised | 1996 | 1972 |
Term Of Agreement | 20 years | 15 years |
Term Of Agreement | 20 years | 15 years |
Renewal Fee | - | $2.5K |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | Ongoing technical hotline, online courses available |
Support | Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | - | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 90% of current franchisees are owner/operators |
International franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 5
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
Sydney G. Tilden founded S.G. Tilden Inc. in 1923, and Tilden for Brakes Car Care Centers were born. In 1966, Tilden began offering franchises to existing loyal store managers. Now publicly owned under the name Tilden Associates Inc., the company is based in Garden City, New York.