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Below is an in-depth analysis and side-by-side comparison of Meineke Car Care vs Techna Glass 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 | $6,500 - $565,100 |
Franchise Fee | $35,000 | $5,000 - $45,000 |
Royalty Fee | $20.8K+/yr. | 6-9% |
Advertising Fee | 6% | - |
Year Founded | 1972 | 1991 |
Year Franchised | 1972 | 2004 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 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 | Ongoing training at headquarters as needed |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising, 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) |
Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is allowed. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
The TechnaGlass International, Inc. co-branded franchise offering is designed for pre-existing, non-competing auto retail service providers, and has been proven in over 21 locations. This program allows these service providers to offer and support the highest standard of auto glass repair and replacement services.