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Updated RecentlyMeineke Car Care vs Speedee Oil Change & Tune-Up Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Meineke Car Care vs Speedee Oil Change & Tune-Up including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $319,774 - $610,318 | $188,305 - $527,970 |
| Franchise Fee | $35,000 | $35,000 |
| Royalty Fee | $20.8K+/yr. | 6% |
| Advertising Fee | 6% | 6% |
| Year Founded | 1972 | 1980 |
| Year Franchised | 1972 | 1982 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 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 | Yes/Yes |
| Start-up Costs | No/Yes | Yes/Yes |
| Equipment | No/Yes | Yes/Yes |
| Inventory | No/Yes | Yes/Yes |
| Receivables | No/No | Yes/Yes |
| Payroll | No/No | Yes/Yes |
Training & Support |
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| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
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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About Speedee Oil Change & Tune-Up
SpeeDee Oil Change and Tune-Up centers provide a full range of preventive and corrective maintenance services which includes oil and fluid change services, tune-up and complete brake service.
When you become a SpeeDee franchisee, you’ll enjoy these benefits:
- Comprehensive business planning assistance
- Technical and marketing support