Meineke Car Care Center
Hoover's Company Profiles:
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Meineke Car Care Centers, Inc.
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128 S. Tryon St., Ste. 900 Charlotte, NC 28202 NC Tel. 704-377-8855 Toll Free 800-275-5200 Fax 704-377-1490 |
Type: Private
On the web:
http://www.meineke.com
Careful not to exhaust its options, Meineke Car Care Centers (formerly Meineke Discount Mufflers) is thinking outside the muffler. Through 900-plus franchised stores in the US, Canada, Mexico, Saudi Arabia, South Korea, and China, Meineke repairs brakes, aligns wheels, installs tires, and provides factory-scheduled maintenance, among other services. From the company website, customers can learn about vehicle maintenance and safety, print coupons, and apply for the Meineke credit card. Sam Meineke founded the company in Houston in 1972. Today it is owned by Driven Brands, which also franchises the Maaco and Econo Lube 'N Tune brands, among others.
Officers:
President and CEO: Kenneth D. (Ken) Walker
CFO: Michael (Mike) Carlet
VP Technology: Mark Street
Competitors:
Goodyear Tire & Rubber
Midas
Pep Boys
Wikipedia on Answers.com:
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Meineke Car Care Center
| Type | Subsidiary |
|---|---|
| Industry | Automotive repair |
| Founded | 1972 (Sam Meineke) |
| Headquarters | Houston, Texas |
| Products | Automotive repair, mufflers |
| Parent | Driven Brands |
| Website | Meineke.com |
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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.
External links
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