Is Meineke a good franchise to own?

Is Meineke a good franchise to own?

Nationally recognized by 92% of all consumers, Meineke Car Care is a truly iconic Name Brand Franchise company in the auto repair space. We offer cutting edge technology, support & training to help our Franchise owners succeed in their auto repair Franchise.

How much can you make as a franchise owner?

According to a survey done by Franchise Business Review*, the average pre-tax annual income of franchise owners in the U.S. is about $80,000. However, only 7% of franchise owners earn over $250,000 per year with 51% earning less than $50,000.

Are Meinekes independently owned?

No. In fact, most do not. Our franchisees come from diverse professional backgrounds, which is what makes our brand so unique. Meineke provides a first class, two and a half week training program that teaches the skills needed to run a successful automotive franchise.

Who is the CEO of Meineke?

Jonathan Fitzpatrick (Jul 2012–)

Is driven brands a good investment?

Driven Brands stock looks like a good investment based on its growth outlook. The global automotive aftermarket size is expected to reach $529 billion in 2028 compared to $390 billion in 2020.

Who is the CEO of Driven Brands?

How many locations does driven brands have?

4,200 locations

What all does driven brands own?

The parent company of North America’s leading automotive service brands, including Take 5 Oil Change®, Meineke Car Care Centers®, Automotive Training Institute™, Maaco®, CARSTAR®, ABRA®, Uniban™, 1-800-Radiator & A/C®, and PH Vitres d’Autos™.

Is driven brands a franchise?

WHY BECOME A FRANCHISEE? Driven Brands is the leader in the automotive aftermarket. As the nation’s largest automotive franchise, we are fully committed to the success of our franchisees. When you join the Driven Brands family you align with the industry’s top automotive franchise brands geared toward your success.

Is driven brands publicly traded?

Unlike other publicly traded companies, Driven Brands’ owner Roark Capital Partners hasn’t ceded control to the masses of investors. They retain more than 50 percent of the voting common stock, which the company estimated would be somewhere between 164.7 million and 167.4 million shares.

Does Maaco own driven?

Driven Brands Holdings Inc., parent of auto service franchises including Meineke Car Care Centers and Maaco collision and paint centers, has filed for an initial public offering that could total more than $700 million.

Does driven brands own Meineke?

Driven is the parent company for Meineke Car Care Centers, Maaco body work and paint shop, Carstar body repair shops, Car Wash Express and the 1-800 Radiator & AC auto parts business.

Who is Meineke owned by?

Roark Capital

Does Roark own driven brands?

CHARLOTTE, N.C. – Roark Capital Group, an Atlanta-based private equity firm focused on franchise and consumer brands, announced that its affiliate has acquired Driven Brands, the nation’s leading franchise automotive company, from Harvest Partners LP. …

What does the word Meineke mean?

The origin of the name is the southern German form “Meinhardt,” which is a compound of “strength” (Mein) and “bravery” (Hardt).

Is Meineke a German name?

North German: variant spelling of Meinecke.

What chains does Arby’s own?

Inspire is a multi-brand restaurant company whose portfolio includes nearly 32,000 Arby’s, Baskin-Robbins, Buffalo Wild Wings, Dunkin’, Jimmy John’s, Rusty Taco, and SONIC Drive-In restaurants worldwide.

Does Roark Capital own inspire brands?

The Inspire family of brands includes: Arby’s, Baskin-Robbins, Buffalo Wild Wings, Dunkin’, Jimmy John’s, Rusty Taco, and SONIC Drive-In. The company was founded in 2018 and is headquartered in Atlanta, Georgia. Inspire is majority-owned by affiliates of Roark Capital.

What does Argonne Capital Group own?

With the completion of this acquisition, Argonne Capital has increased its restaurant portfolio to over 925 locations covering brands such as IHOP, Applebee’s, Krystal, On The Border and Stevi B’s Pizza.

What is Paul Brown’s net worth?

His net worth as of mid-2020 was $5.34 million.

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