Meineke Car Care vs Canadian Tire Franchise Comparison

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

Start-Up Costs and Fees
 
Meineke Car Care Franchise
Canadian Tire Franchise
Investment $319,774 - $610,318$125,000 - And Up
Franchise Fee $35,000N/A
Royalty Fee $20.8K+/yr.-
Advertising Fee 6%-
Year Founded 19721922
Year Franchised 19721934
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
Meineke Car Care Franchise
Canadian Tire Franchise
Experience
  • General business experience
  • Supervisory experience
    		• -

    Financing Options
     
    Meineke Car Care Franchise
    Canadian Tire Franchise
      In-House/3rd PartyIn-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
     
    Meineke Car Care Franchise
    Canadian Tire 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
     
    Meineke Car Care Franchise
    Canadian Tire Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    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.

    ""

    "Entrepreneur
    #496 in Franchise 500 for 2020.


    About Canadian Tire

    Canadian Tire Corporation, Limited - the country's most shopped retailer - offers a unique mix of products and services through the leadership of three specialty stores under one roof - Automotive, Sports and Leisure, and Home Products. With over 450 Canadian Tire Associate Stores serving communities nationwide, Canadian Tire Corporation, Limited and the Associate Dealers together employ 38,000 Canadians and form one of Canada's best-known and most successful retailers.

    You will immediately benefit from proven business systems which include commissions and allowances to help cover initial costs of operation.
    You will also take part in a 2 week hands-on Training Program that covers everything you will need to know moving forward to manage the business.

    Add participation in one of Canada’s most popular loyalty program, and marketing support from Home Office on an ongoing basis, and you will be ahead of the competition from the very start.


    "Top
    #21 in Canada's Top franchises.