Meineke Car Care Center
Encyclopedia
Meineke Car Care Centers, Inc. ("mine-a-key") is a franchise-based automotive repair
chain.
In 1972 in Houston, Texas
, Sam Meineke and Harold Nedell began with only one store and a single product line. Between 1972 and 2003 Meineke was owned by a multinational British company and grew rapidly. In July 2003 Meineke was the subject of a stock purchase agreement for its acquisition by members of Meineke management and two financial partners, Carousel Capital, headquartered in Charlotte, North Carolina
and The Halifax Group, based in Washington, DC and Dallas, Texas
, from its then owner Brambles.
From 1972 to 2003, it was known as Meineke Discount Muffler Shops, Inc.. Earlier in 2003 Meineke Discount Muffler Shops, Inc., became Meineke Car Care Centers, Inc. In 2006, the parent company
became Driven Brands, Inc. and acquired the quick oil change
company Econo Lube 'N Tune Inc. There are five companies under the Driven Brands umbrella: Meineke Car Care Center, Maaco, Econo Lube 'N Tune, Aero Colours, and Tortal. Driven Brands bought Maaco in October, 2008 from the estate of Tony Martino, the founder and CEO of the Maaco chain at the time of his death on January 27, 2008.
There are approximately 900 Meineke franchises throughout the United States, Canada, Mexico, Brazil, China, Saudi Arabia and the Caribbean. Meineke franchisees have serviced more than 50,000,000 vehicles since starting out in 1972. Meineke's top-performing franchises receive the Top Gun award. Charles J. Bonfiglio
's Meineke franchise in Weston, Florida, was Meineke's highest grossing franchise of the past four years, yielding revenues of $2 million a year from 2006 to 2009 and earning the first and only $2 million Shop Award.
George Foreman
has been the Meineke spokesperson since 1993.
Auto mechanic
An auto mechanic is a mechanic with a variety of car makes or either in a specific area or in a specific make of car. In repairing cars, their main role is to diagnose the problem accurately and quickly...
chain.
In 1972 in Houston, Texas
Houston, Texas
Houston is the fourth-largest city in the United States, and the largest city in the state of Texas. According to the 2010 U.S. Census, the city had a population of 2.1 million people within an area of . Houston is the seat of Harris County and the economic center of , which is the ...
, Sam Meineke and Harold Nedell began with only one store and a single product line. Between 1972 and 2003 Meineke was owned by a multinational British company and grew rapidly. In July 2003 Meineke was the subject of a stock purchase agreement for its acquisition by members of Meineke management and two financial partners, Carousel Capital, headquartered in Charlotte, North Carolina
Charlotte, North Carolina
Charlotte is the largest city in the U.S. state of North Carolina and the seat of Mecklenburg County. In 2010, Charlotte's population according to the US Census Bureau was 731,424, making it the 17th largest city in the United States based on population. The Charlotte metropolitan area had a 2009...
and The Halifax Group, based in Washington, DC and Dallas, Texas
Dallas, Texas
Dallas is the third-largest city in Texas and the ninth-largest in the United States. The Dallas-Fort Worth Metroplex is the largest metropolitan area in the South and fourth-largest metropolitan area in the United States...
, from its then owner Brambles.
From 1972 to 2003, it was known as Meineke Discount Muffler Shops, Inc.. Earlier in 2003 Meineke Discount Muffler Shops, Inc., became Meineke Car Care Centers, Inc. In 2006, the parent company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...
became Driven Brands, Inc. and acquired the quick oil change
Motor oil
Motor oil or engine oil is an oil used for lubrication of various internal combustion engines. The main function is to lubricate moving parts; it also cleans, inhibits corrosion, improves sealing, and cools the engine by carrying heat away from moving parts.Motor oils are derived from...
company Econo Lube 'N Tune Inc. There are five companies under the Driven Brands umbrella: Meineke Car Care Center, Maaco, Econo Lube 'N Tune, Aero Colours, and Tortal. Driven Brands bought Maaco in October, 2008 from the estate of Tony Martino, the founder and CEO of the Maaco chain at the time of his death on January 27, 2008.
There are approximately 900 Meineke franchises throughout the United States, Canada, Mexico, Brazil, China, Saudi Arabia and the Caribbean. Meineke franchisees have serviced more than 50,000,000 vehicles since starting out in 1972. Meineke's top-performing franchises receive the Top Gun award. Charles J. Bonfiglio
Charles J. Bonfiglio
Charles J. Bonfiglio is an American entrepreneur who has led various automotive ventures from traditional brick-and-mortar repair franchises such as Meineke Car Care Centers to Web-based car parts distributors such as AutoPartsNetwork.com...
's Meineke franchise in Weston, Florida, was Meineke's highest grossing franchise of the past four years, yielding revenues of $2 million a year from 2006 to 2009 and earning the first and only $2 million Shop Award.
George Foreman
George Foreman
George Edward Foreman is an American two-time former World Heavyweight Boxing Champion, Olympic gold medalist, ordained Baptist minister, author and successful entrepreneur...
has been the Meineke spokesperson since 1993.