The Collision Shop vs Meineke Car Care Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Collision Shop vs Meineke Car Care including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Collision Shop Franchise
Meineke Car Care Franchise
Investment $150,000 - $175,000$319,774 - $610,318
Franchise Fee $35,000$35,000
Royalty Fee 6%/wk.$20.8K+/yr.
Advertising Fee -6%
Year Founded 19921972
Year Franchised 19931972
Term Of Agreement -15 years
Term Of Agreement -15 years
Renewal Fee -$2.5K


Business Experience Requirements
 
The Collision Shop Franchise
Meineke Car Care Franchise
Experience -
  • General business experience
  • Supervisory experience
    		•

    Financing Options
     
    The Collision Shop Franchise
    Meineke Car Care Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    The Collision Shop Franchise
    Meineke Car Care Franchise
    Training -Ongoing technical hotline, online courses available
    Support -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 - 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
     
    The Collision Shop Franchise
    Meineke Car Care Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About The Collision Shop

    At THE COLLISION SHOP, we make it easy for you to own your own Auto Body & Paint Franchise. From the initial store set up to the hiring of the employees. THE COLLISION SHOP makes it a pleasant and rewarding experience. If you are ready to make the move to becoming your own boss, contact us today and learn why THE COLLISION SHOP is the number one Auto Body & Paint Franchise.
    AUTO BODY & PAINT FRANCHISE *NO EXPERIENCE NECESSARY *Turn-Key Operation *Computerized Estimating *Easy Computerized Accounting System *Financing Available *Great Family Business *Be Your Own Boss *Success In Any Economy *On-going Local Support *Includes All Equipment *Existing Locations Available *One Month Training *Technical Support *Proven System

    About Meineke Car Care



    Sam Meineke began with a single store in Houston in 1972. The company has since become a subsidiary of Part Industry Corp. and part of a British-owned, multifaceted group that supplies automotive and agricultural components and systems. The initial concept of providing quality exhaust service at discount prices has expanded to include complete brake service, oil and lube service, front-end alignment, shock and strut service and Catalytic converters.

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    "Entrepreneur
    #496 in Franchise 500 for 2020.