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Below is an in-depth analysis and side-by-side comparison of Meineke Car Care vs Budget Brake & Muffler 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 | $185,000 - $225,000 |
Franchise Fee | $35,000 | $25,000 |
Royalty Fee | $20.8K+/yr. | - |
Advertising Fee | 6% | - |
Year Founded | 1972 | 1969 |
Year Franchised | 1972 | 1972 |
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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
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 |
Budget Brake and Muffler began operations 1969 and started franchising in 1972. If your car needs it, Budget Brake and Muffler can probably fix it. Brakes, Mufflers, Shocks & Struts, Alignments, Oil & Filter Changes, Charging Systems, Cooling Systems, Tune-Ups, Computer Diagnostics, ABS Service, Fuel Injection Service, Custom Exhaust, Suspension, Tires, Balancing, Transmission Fluid Flush, Clutches, Electrical, Minor, Major & General Repairs. Some Budget Brake and Muffler locations have motorhome facilities and some are Provincially Certified Vehicle Inspection Facilities. Check with the location in your area for these specialty repairs.