Meineke Car Care vs Quick Lane Tire & Auto Center Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Meineke Car Care vs Quick Lane Tire & Auto Center including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$319,774 - $610,318 | $282,150 - $1,820,100 |
Franchise Fee |
$35,000 | $15,000 |
Royalty Fee |
$20.8K+/yr. | - |
Advertising Fee |
6% | - |
Year Founded |
1972 | 2017 |
Year Franchised |
1972 | 2017 |
Term Of Agreement |
15 years | - |
Term Of Agreement |
15 years | - |
Renewal Fee |
$2.5K | - |
Business Experience Requirements |
Experience |
General business experience Supervisory experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
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 |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
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.
#496 in Franchise 500 for 2020.
About Quick Lane Tire & Auto Center
Established in 1997, Quick Lane now has over 800 branches in the USA
and over 200 branches in Europe. We are expanding our network globally
into places including South America, South Africa, Middle East, as well
as to Asia, including China, Australia, Thailand and elsewhere.
Quick Lane is a standard tire and auto vehicle service center. With
expert technicians who will take care of all brands of car in a
professional and friendly manner, you can be confident of receiving
excellent products and services. Our experienced teams have completed
tests and training in matters ranging from oil changes to filters,
tires, brake checks, suspension and vehicle batteries, amongst others,
covering a total of over 14 services.
The total amount necessary to begin operation of a Quick Lane Tire
& Auto Center under a Quick Lane Tire & Auto Center Franchise
Agreement ranges from $282,150 to $1,082,100 if you convert an existing
automotive repair facility to a Quick Lane Tire & Auto Center.
This includes $95,700 to $364,000 that is payable
to the franchisor.
The total amount necessary to begin operation of a Quick Lane Tire & Auto Center under a Quick Lane Tire & Auto Center Franchise Agreement
ranges from $1,008,450 to $1,820,100 if you construct a brand new
facility from the ground up (a “Greenfield Center”).
This includes
$218,000 to $364,000 that is payable to the franchisor.