Meineke Car Care Centers franchise
A franchisee operates a Meineke Car Care Center offering automotive repair and maintenance for cars and light trucks — exhaust and brake work, steering, suspension and alignment, cooling systems, air conditioning, tires, batteries, state inspections and related services.
Manager-run permitted Disclosed
- Source
- 2025 Franchise Disclosure Document — Meineke Franchisor SPV LLC
- Document
- FDD 2025, issued 2025-06-20, amended 2025-12-29
- Item
- Item 15
- Page
- PDF p. 73
- Obtained
- Minnesota Department of Commerce — CARDS Franchise Registrations, file 10930
The Center's manager must devote substantially all of his or her business time and attention to the on-premises management and operation of the Center.
The franchisor may require the franchisee (or its Operating Partner) to actively participate in directing and managing the Center, but day-to-day operation may be delegated: the franchisee must designate a manager who has completed the franchisor's Internet training program and who devotes substantially all business time to on-premises management. The manager need not hold equity. An entity franchisee must name an Operating Partner who owns and controls at least 10% of its equity and voting rights, has completed training, and can bind the franchisee. Under a Development Agreement a full-time Managing Director must be hired before the first Center opens.
What stands out
- Total initial investment of $224,898 to $1,200,818 for a leased Center, including a $45,000 initial franchise fee and $20,000 of initial marketing; buying real estate or constructing a building is excluded.
- Royalty varies by service category from 3% to 7% of Gross Revenues (5% on the general category) with a $20,800 annual minimum, plus an 8% advertising fund contribution that Item 19 says most franchisees reduce under advertising addenda.
- Item 19 average Gross Revenues of $971,221 (median $913,607) for 549 franchised Centers open 2+ years with 5+ bays in FY2024; those Centers had operated an average of 21.6 years.
5 more observations
- Item 19 Part C reports average 4-Wall EBITDA of $211,147 (20.4%) for 91 Centers that volunteered profit and loss statements, with royalty, advertising and owner payroll normalised rather than actual.
- System went from 706 franchised Centers at the start of 2022 to 716 at the end of 2024, with no company-owned Centers; 87 opened and 77 left the system over the three years.
- Transfers between franchisees rose from 39 in 2022 to 74 in 2024, and 43 franchise agreements were signed but not yet open at the end of FY2024.
- Territory is a 2-mile protected radius plus a right of first refusal out to 3 miles, conditioned on the franchisee remaining in good standing and 3-Star rated.
- A trained manager may run the Center day to day, but 10%-or-greater owners must sign personal guaranties and disputes are arbitrated in North Carolina.
Things to verify
- Ask which advertising rate you would actually pay: the Franchise Agreement says 8% of Gross Revenues, while Item 19 assumes 5.75% under the Advertising Addenda and Tier One/Tier Two eligibility is set annually at the franchisor's discretion.
- Confirm your blended royalty rate for your expected service mix, since the 3% to 7% category rates and the reporting requirement (7% or 8% if not properly reported) can differ materially from the 5% used in Item 19 Part C.
- Item 19's headline average excludes Centers with fewer than 5 bays, Centers open under 2 years and 22 Centers that closed during FY2024 — ask for figures matching the size and age of the Center you would open.
5 more questions
- Part C's cost table comes from 91 self-selected franchisees and normalises three of the largest expense lines; ask for unadjusted profit and loss data and note that it is before debt service, depreciation and taxes.
- Terminations plus non-renewals and other closures removed 77 franchised Centers over three years while transfers rose to 74 a year; ask why owners are exiting and speak with franchisees on the Exhibit M lists.
- Item 20 notes some franchisees have signed clauses limiting what they can say about the system, so validation calls may be constrained.
- The building improvements line runs from $30,000 to $750,000 and real estate purchase is excluded; get site-specific construction and rent quotes before relying on the low end of Item 7.
- Ask about the Development Incentive Addendum conditions if considering multi-unit development, since the reduced royalty ends early if Gross Revenues exceed $650,000 in a reduction year.
Category cost placeholders, not a forecast. This snapshot uses the default inputs; the calculator below updates when you edit them.
Evidence confidence: High. This describes source support, not investment quality. AI-extracted and machine-verified where stated; no human line-by-line review. Source and review record.
Read the full research overview
A Meineke franchisee operates a car care center doing exhaust, brake, steering and suspension, alignment, cooling, air conditioning, tire, battery, inspection and related repair work on cars and light trucks. The franchisor, Meineke Franchisor SPV LLC of Charlotte, North Carolina, is part of Driven Brands, whose ultimate parent Driven Brands Holdings Inc. is publicly traded and majority owned by Roark Capital funds. This record is taken from the June 20, 2025 FDD as amended December 29, 2025, filed with Minnesota.
Item 7 puts the total initial investment for a leased single Center at $224,898 to $1,200,818, with a $45,000 initial franchise fee, $20,000 of initial marketing paid to the franchisor, and building improvements of $30,000 to $750,000 driving most of the spread; the range excludes buying land or constructing a building and assumes three months of additional funds. Ongoing fees are unusual in shape: royalties run by service category from 3% to 7% of Gross Revenues (5% on the general catch-all, 7% on exhaust) subject to a $20,800 annual minimum, and the advertising fund contribution is 8% of Gross Revenues, though Item 19 states most franchisees pay less under advertising addenda. Technology fees are capped at $750 a month. No minimum liquid capital or net worth is disclosed in the reviewed source.
Item 19 is detailed. For 549 franchised Centers open at least two years with five or more bays, FY2024 average Gross Revenues were $971,221 and the median $913,607, with the top half averaging $1,297,015 and the bottom half $646,613. New Centers ramp from about $148,000 in their first 13 weeks to about $203,000 in the fourth quarter. A voluntary sample of 91 Centers reported average 4-Wall EBITDA of $211,147 on average revenue of $1,035,879, but royalty, advertising and owner payroll were normalised rather than actual and the figures are before debt service, depreciation and taxes. Smaller and newer Centers were excluded from the headline average.
Item 20 shows a system that shrank then grew: 706 franchised Centers at the start of 2022, 705 at the end of 2022, 702 at the end of 2023 and 716 at the end of 2024 — a net gain of 10 over three years, with 87 openings, 56 terminations, 8 non-renewals and 13 other closures. There are no company-owned Centers. Transfers between franchisees nearly doubled, from 39 in 2022 to 71 and then 74, and 43 signed agreements were awaiting opening with 14 openings projected. Item 3 lists eighteen matters, mostly collection actions by the franchisor, securities and derivative litigation against the publicly traded parent, and settled franchisee disputes; Item 4 discloses no bankruptcy. Owners holding 10% or more must personally guarantee the agreement, disputes are arbitrated in North Carolina, and the post-term non-compete runs one year within 6 miles.
View ratings and their supporting evidence
Transparent ratings
How these are computedEach dimension is scored 1–5 from published formulas. Missing data yields “Not enough evidence to rate”, never a low score. There is no composite score by design.
How the system has performed, computed from the disclosed Items 7, 19 and 20. Figures a documented material source inconsistency puts in doubt are excluded, and the dimension shows “Not rated”.
Inputs
- Franchised outlets 706 → 716 (Item 20, Table 3)
- Thresholds: ≥15% → 5; 5–15% → 4; 0–5% → 3; −5–0% → 2; below −5% → 1
Inputs
- Attrition = (terminations + non-renewals + reacquisitions + ceased-other) ÷ start-of-year franchised units, averaged over 3 fiscal years
- Thresholds: <2% → 5; 2–4% → 4; 4–6% → 3; 6–10% → 2; >10% → 1
Inputs
- AUV $971,221 (disclosed) ÷ midpoint investment $712,858 = 1.36×
- Thresholds: ≥2.0 → 5; 1.5–2.0 → 4; 1.0–1.5 → 3; 0.7–1.0 → 2; <0.7 → 1
How much this brand’s FDD discloses, and how well-supported our data on it is. This measures transparency, not business performance — a strong business that discloses little scores low here and stays unrated above.
Inputs
- Item 19 present (+1)
- Average plus median or a distribution (+1)
- Population 77% of franchised units, clearly described (+1)
- Cost or profit data disclosed (+1)
- Multi-year or cohort data (+1)
- Franchisor Track Record
- Franchising start year not disclosed · 716 outlets · Item 3: 18 matter(s) disclosed · Item 4: none disclosed
- Multi-Unit Scalability
- Multi-unit rights are granted under an Area Development Agreement that requires committing to develop at least 4 Meineke Centers on a mandatory schedule. The… · Manager-run permitted
- Operational Intensity
- Manager-run permitted
Initial investment
FDD Items 5 and 7Format shown: Single Meineke Center at a leased location (3,400 sq ft / 5 bays at the low end; 7,000 sq ft / 6 bays at the high end)
$224,898–$1,200,818 total initial investment. Excludes real estate purchase. Includes 3 months of additional funds.
View full investment breakdown — Items 5 & 7
| Initial franchise fee (the named Item 5 fee only) | $45,000 Disclosed
Standard fee for a new single Center. Reduced fees for a second ($22,500) or third-plus ($20,000) Center, a 25% multi-brand discount, and a $20,000 conversion-program fee are discounts, not the standard low end; a $0-$45,000 FY2024 actual range reflects those cases. |
|---|---|
| Other required initial payments to the franchisor (Item 5) |
|
| Total Item 5 payments to franchisor/affiliates | $70,195 Derived
$71,195 Derived
|
| Total initial investment — low | $224,898 Disclosed
The printed total matches the sum of the table's own line items ($224,898) and the range on the cover page. |
| Total initial investment — high | $1,200,818 Disclosed
The printed total matches the sum of the table's own line items ($1,200,818) and the range on the cover page. |
| Midpoint of range | $712,858 Derived
|
| Real estate purchase included? | No — assumes a leased site |
| Additional funds assumed | 3 months |
| Required liquid capital | Not disclosed in the reviewed source Not disclosedNot disclosed in the reviewed source. We did not find this value in 2025 Franchise Disclosure Document — Meineke Franchisor SPV LLC; we do not fill gaps with estimates or third-party figures. No minimum liquid-capital requirement is stated on the cover pages or in Items 1, 5, 7, 11 or 15 of the reviewed document. |
| Required net worth | Not disclosed in the reviewed source Not disclosedNot disclosed in the reviewed source. We did not find this value in 2025 Franchise Disclosure Document — Meineke Franchisor SPV LLC; we do not fill gaps with estimates or third-party figures. No minimum net-worth requirement is stated in the reviewed document; the only net-worth reference is the standard Michigan escrow notice on the state cover pages. |
The table assumes a leased location and expressly excludes the cost of buying real estate or constructing a building. The low end assumes a 3,400 sq ft, 5-bay Center with 5 lifts and the high end a 7,000 sq ft, 6-bay Center with 6 lifts; more bays cost more. Additional funds cover three months of operating expenses and do not usually include the owner's salary. The cover page states that $45,195 to $71,195 of the total must be paid to the franchisor or an affiliate. The franchisor does not offer direct or indirect financing. Separate initial payments to the franchisor described in Item 5 but not carried as separate Item 7 rows include the $4,995 M.Key software licence fee (inside the point-of-sale line) and a $200 to $1,200 AutoNet TV set-up fee.
Item 7 line items (13)
| Expenditure | Low | High |
|---|---|---|
| Initial franchise fee — Paid to the franchisor at signing. | $45,000 | $45,000 |
| Living expenses during initial training — Travel, hotel, meals; paid to third parties. | $7,500 | $10,000 |
| Real estate rent and security deposit — Paid to the lessor; deposit often one month's rent or more. | $5,585 | $12,600 |
| Opening inventory | $10,000 | $15,000 |
| Equipment, signs, small tools, installation — Lower when converting a shop with existing equipment. | $33,000 | $220,000 |
| Freight | $3,500 | $7,500 |
| Point of sale software and computer hardware — Includes the M.Key software licence bought from the franchisor. | $4,995 | $10,000 |
| Center supplies | $4,318 | $6,318 |
| Insurance — Annual. | $10,000 | $17,000 |
| Initial marketing — Initial Advertising Contribution paid to the franchisor. | $20,000 | $20,000 |
| Legal and accounting expenses | $1,000 | $12,400 |
| Building improvements and building design — Renovation, design fees, utilities, minor repairs. | $30,000 | $750,000 |
| Additional funds — 3 months — Working capital for the first three months; excludes owner's salary. | $50,000 | $75,000 |
Source for every row: the Item 7 estimated-initial-investment table of 2025 Franchise Disclosure Document — Meineke Franchisor SPV LLC (table begins PDF p. 45) — rows inherit the table's citation rather than carrying fifteen identical ones.
Other formats disclosed in Item 7 (1)
| Format | Low | High | Fee |
|---|---|---|---|
| Area Development Agreement — development rights for a minimum of 4 Meineke Centers (development fee only) | $107,500 | $107,500 | $107,500 |
Ongoing fees
FDD Item 6Royalty
3%–7% of gross sales Disclosed
- Source
- 2025 Franchise Disclosure Document — Meineke Franchisor SPV LLC
- Document
- FDD 2025, issued 2025-06-20, amended 2025-12-29
- Item
- Item 6 — Other Fees table — Royalty Fees
- Page
- PDF p. 34
- Obtained
- Minnesota Department of Commerce — CARDS Franchise Registrations, file 10930
the greater of an annual minimum royalty in the amount of $20,800 or a calculated royalty
Weekly royalty is the greater of 1/52 of a $20,800 annual minimum ($400 a week) or a calculated royalty at rates that vary by service category: 7% exhaust systems; 5.5% engine or transmission replacement, diagnostics, seals, mounts, gaskets and scheduled maintenance; 5% all other Authorized Products and Services; 4% batteries; 3% tires, state and emissions inspections and towing. The lower rates apply only if properly reported through approved systems, otherwise 7%; unreported services are charged 8%. Item 19 Part C uses 5% as the blended overall rate. Minimums begin 6 months after a new Center opens. Reductions exist for additional Centers, conversions, VetFran veterans and Development Incentive Addendum holders (1% to 3% for up to 36 months).
Brand advertising fund
8% of gross sales Disclosed
- Source
- 2025 Franchise Disclosure Document — Meineke Franchisor SPV LLC
- Document
- FDD 2025, issued 2025-06-20, amended 2025-12-29
- Item
- Item 6 — Other Fees table — Meineke Advertising Fund contributions
- Page
- PDF p. 35
- Obtained
- Minnesota Department of Commerce — CARDS Franchise Registrations, file 10930
8% of Gross Revenues paid weekly to the Meineke Advertising Fund, reduced to 1.5% on tires, towing and government-regulated inspections. A new Center pays the greater of 8% or $250 per week during its first 12 weeks. Item 11 allocates the 8%: up to 0.5% creative, up to 3% national advertising, not less than 4.5% local directory and local advertising. Franchisees who sign an Advertising Addendum and meet the criteria contribute 6% in year one and then 5.5% (Tier Two) or 6% (Tier One); Item 19 Part C states franchisees generally pay less than 8% and normalises advertising to 5.75% of Gross Revenues.
Local marketing
Not disclosed in the reviewed source Not disclosed
Not disclosed in the reviewed source. We did not find this value in 2025 Franchise Disclosure Document — Meineke Franchisor SPV LLC; we do not fill gaps with estimates or third-party figures.
No mandatory local advertising spend is disclosed. Item 6 Note 5 and Item 11 state the franchisor strongly recommends spending 2% of Gross Revenues on local advertising in addition to the Meineke Advertising Fund contribution, and that not less than 4.5% of Gross Revenues out of the 8% fund contribution is allocated to local directory and local advertising.
Core requirements shown separately; caps, credits and conditions may overlap. Check the full schedule for technology, cooperative, transfer and other charges.
View all recurring fees and conditions
| Royalty | 3%–7% of gross sales Disclosed
Weekly royalty is the greater of 1/52 of a $20,800 annual minimum ($400 a week) or a calculated royalty at rates that vary by service category: 7% exhaust systems; 5.5% engine or transmission replacement, diagnostics, seals, mounts, gaskets and scheduled maintenance; 5% all other Authorized Products and Services; 4% batteries; 3% tires, state and emissions inspections and towing. The lower rates apply only if properly reported through approved systems, otherwise 7%; unreported services are charged 8%. Item 19 Part C uses 5% as the blended overall rate. Minimums begin 6 months after a new Center opens. Reductions exist for additional Centers, conversions, VetFran veterans and Development Incentive Addendum holders (1% to 3% for up to 36 months). Weekly royalty is the greater of 1/52 of a $20,800 annual minimum ($400 a week) or a calculated royalty at rates that vary by service category: 7% exhaust systems; 5.5% engine or transmission replacement, diagnostics, seals, mounts, gaskets and scheduled maintenance; 5% all other Authorized Products and Services; 4% batteries; 3% tires, state and emissions inspections and towing. The lower rates apply only if properly reported through approved systems, otherwise 7%; unreported services are charged 8%. Item 19 Part C uses 5% as the blended overall rate. Minimums begin 6 months after a new Center opens. Reductions exist for additional Centers, conversions, VetFran veterans and Development Incentive Addendum holders (1% to 3% for up to 36 months). |
|---|---|
| Advertising / brand fund | 8% of gross sales Disclosed
8% of Gross Revenues paid weekly to the Meineke Advertising Fund, reduced to 1.5% on tires, towing and government-regulated inspections. A new Center pays the greater of 8% or $250 per week during its first 12 weeks. Item 11 allocates the 8%: up to 0.5% creative, up to 3% national advertising, not less than 4.5% local directory and local advertising. Franchisees who sign an Advertising Addendum and meet the criteria contribute 6% in year one and then 5.5% (Tier Two) or 6% (Tier One); Item 19 Part C states franchisees generally pay less than 8% and normalises advertising to 5.75% of Gross Revenues. 8% of Gross Revenues paid weekly to the Meineke Advertising Fund, reduced to 1.5% on tires, towing and government-regulated inspections. A new Center pays the greater of 8% or $250 per week during its first 12 weeks. Item 11 allocates the 8%: up to 0.5% creative, up to 3% national advertising, not less than 4.5% local directory and local advertising. Franchisees who sign an Advertising Addendum and meet the criteria contribute 6% in year one and then 5.5% (Tier Two) or 6% (Tier One); Item 19 Part C states franchisees generally pay less than 8% and normalises advertising to 5.75% of Gross Revenues. |
| Required local marketing | Not disclosed in the reviewed source Not disclosedNot disclosed in the reviewed source. We did not find this value in 2025 Franchise Disclosure Document — Meineke Franchisor SPV LLC; we do not fill gaps with estimates or third-party figures. No mandatory local advertising spend is disclosed. Item 6 Note 5 and Item 11 state the franchisor strongly recommends spending 2% of Gross Revenues on local advertising in addition to the Meineke Advertising Fund contribution, and that not less than 4.5% of Gross Revenues out of the 8% fund contribution is allocated to local directory and local advertising. |
| Technology / software | $375–$750/month Disclosed
Basic M.Key software maintenance is $375 per month ($275 if AutoVitals is purchased), CPI-adjustable. Optional modules add up to $200 per month for technical procedures software, $25 for QuickBooks integration, $59 for Motovisuals, and AutoVitals eInspection at $245 per month plus a $399 set-up fee and $24 per extra tablet. Item 6 Note 6 caps aggregate ongoing required or recommended technology fees at $750 per month (the Monthly Technology Cap, page 43), excluding one-time fees, hardware, front-office software and optional items. A separate $100 per month technology administrative fee applies if the system is not kept updated. Basic M.Key software maintenance is $375 per month ($275 if AutoVitals is purchased), CPI-adjustable. Optional modules add up to $200 per month for technical procedures software, $25 for QuickBooks integration, $59 for Motovisuals, and AutoVitals eInspection at $245 per month plus a $399 set-up fee and $24 per extra tablet. Item 6 Note 6 caps aggregate ongoing required or recommended technology fees at $750 per month (the Monthly Technology Cap, page 43), excluding one-time fees, hardware, front-office software and optional items. A separate $100 per month technology administrative fee applies if the system is not kept updated. |
| Advertising cooperative | Not disclosed in the reviewed source Not disclosedNot disclosed in the reviewed source. We did not find this value in 2025 Franchise Disclosure Document — Meineke Franchisor SPV LLC; we do not fill gaps with estimates or third-party figures. Item 11 states franchisees are not required to participate in advertising cooperatives, and no cooperative contribution is listed in Item 6. Item 6 does refer to interest on late contributions to regional or local cooperatives, and Item 8 notes an independent franchisee purchasing cooperative that the franchisor neither runs nor endorses. |
| Transfer fee | $7,500 one-time Disclosed
$7,500 subject to CPI increases, or, at the franchisor's option, its then-current initial franchise fee if the transferee signs the then-current franchise agreement. Either party to the transfer may pay it. A transfer also triggers a $20,000 initial advertising contribution, an optional $15,000 resale assistance fee, a $1,000 M.Key software transfer fee and a $3,000 fascia and sign deposit when an existing Center is purchased. $7,500 subject to CPI increases, or, at the franchisor's option, its then-current initial franchise fee if the transferee signs the then-current franchise agreement. Either party to the transfer may pay it. A transfer also triggers a $20,000 initial advertising contribution, an optional $15,000 resale assistance fee, a $1,000 M.Key software transfer fee and a $3,000 fascia and sign deposit when an existing Center is purchased. |
| Renewal fee | $5,000 one-time Disclosed
Successor franchise fee of $5,000, subject to CPI increases, payable on signing the new franchise agreement; $1,000 is rebated if renewal is completed within 180 days before the term expires. No initial advertising contribution is charged on renewal. Successor franchise fee of $5,000, subject to CPI increases, payable on signing the new franchise agreement; $1,000 is rebated if renewal is completed within 180 days before the term expires. No initial advertising contribution is charged on renewal. |
| Royalty + ad fund (% of sales) | 11% Derived
|
Fee schedule (28 fees; 15 verified against the source, 13 single-pass)
Every recurring, conditional and one-time fee found in this FDD's Item 6 table (plus mandatory recurring costs disclosed in Items 7/11), each cited to its page and carrying its verification status: verified means two independent readings agreed or a tie-break re-inspection of the page decided it; single-pass means one reading captured it and it has not been independently confirmed (permitted only for fees that cannot move modeled economics — see the materiality rule). Amounts marked “not stated” are charged at then-current rates the FDD does not quantify and are never modeled as $0.
| Fee | Amount | Frequency | Mandatory | Verification | Cite | Notes |
|---|---|---|---|---|---|---|
| Royalty Fees | Tiered (base 5%) (min $20,800/annual) | weekly | Yes | verified (tie-break) | Item 6, p. 34 | The lower rates apply only if sales are properly reported through approved computer systems; otherwise the rate is 7%. Unauthorized services are charged 7% and unreported services 8% (penalty rates, not ordinary tiers). Discounts off the standard rates: 75% for 6 months on an existing franchisee's additional Center; 50% for 2 years under the conversion program; 50% for 6 months under VetFran; and reduced rates over 36 months under a Development Incentive Addendum. Minimum royalty payments are flagged on the cover page as a Special Risk ("Mandatory Minimum Payments"). The 8% unreported-services rate and 7% unauthorized/misreported rate are penalties and are kept in conditions rather than in tiers so the tier array holds only the five printed service-category rates. |
| Meineke Advertising Fund (MAF) Contributions | Tiered (base 8%) | weekly | Yes | verified (tie-break) | Item 6, p. 35 | Under "Version 2" of the Advertising Addendum (Exhibit Z) an eligible franchisee contributes 6% of Gross Revenues for the 12 months after the Addendum Date and then 5.5% ("Tier Two") or 6% ("Tier One") for the balance of the term; tires, towing and government-regulated inspections stay at 1.5%. "Version 1" (renewals) diverts 1% then 2% of contributions to a capital fund for Center image work before reducing to the same 5.5%/6%. The franchisor may also reduce the rate on non-Core Authorized Products and Services. A new Meineke Center's weekly MAF contribution during its first 12 weeks of operation is the greater of 8% of Gross Revenues or $250 (a one-time opening-window floor, not modeled). Item 11 (PDF 60) requires the MAF to be allocated Creative not more than 0.5%, National Advertising not more than 3%, and Local Directory Advertising plus Local Advertising not less than 4.5% of Gross Revenues; the franchisor retains an Annual Reimbursement of 2.75% of all MAF contributions for administering the fund (Item 11, PDF 61). Those allocations are components of this 8%, not additional payments. Calculator audit 2026-09-03: The engine annualizes any set `minimum` into a permanent yearly floor (minimumAnnual), but this $250/week figure is a temporary grand-opening provision for a new Center's first 12 weeks, not an ongoing minimum — leaving it in `minimum` would wrongly force any modeled center under ~$162,500/yr Gross Revenue to a permanent $13,000/yr MAF floor every year. (p. 35; "If, however, your Center is a new Meineke Center, during the 12-week period foll") |
| M.Key Software Maintenance Fee | $375 | monthly | Yes | verified (tie-break) | Item 6, p. 38 | New Meineke franchisees currently must buy and use the M.Key Software (Items 5 and 11); existing franchisees may remain on VAST. The fee may rise on each anniversary for CPI and at any time to pass through a third party's price increase. The optional add-on modules printed in the same Amount cell are carried as a separate entry (mkey-software-options) so this entry holds only the mandatory base fee. |
| AutoNet TV Fee | $30–$50 | monthly | Yes | verified (tie-break) | Item 6, p. 38 | Follows the initial AutoNet TV Fee in Item 5 (PDF 33), a non-refundable set-up fee for the TV and box of $200 to $1,200 that every new franchisee must pay ("You must pay us"), the range depending only on whether the Center is already equipped with a TV. |
| Franchisee Profitability Program Software Fees | $15 | monthly | No | verified (2-pass) | Item 6, p. 37 | Optional program; also a one-time $50 onboarding fee. Fees may fluctuate with vendor pricing. |
| Technology Administrative Fee | $100 | monthly | No | verified (2-pass) | Item 6, p. 37 | Only payable if franchisee fails to keep required computer systems updated; a penalty/administrative fee, not charged to compliant franchisees. |
| Recommended local advertising spend | 2% of gross sales | varies | No | verified (tie-break) | Item 6, p. 43 | Recommended, not required, and expressly in addition to the MAF contribution — "except to the extent you are required to make additional contributions for the local directory advertising for your market". Item 11 repeats the encouragement without setting an amount and states there is no advertising cooperative requirement. |
| Sublease Rent | Not stated | varies | No | verified (tie-break) | Item 6, p. 40 | Applies only where the franchisee subleases the location from Meineke Realty, Inc. or another affiliate of the franchisor rather than leasing directly from a third-party landlord. The Due Date column reads "As incurred"; the underlying rent obligation runs on the sublease's own schedule. |
| Upgrade of Center | Not stated | varies | Yes | verified (tie-break) | Item 6, p. 40 | Due as incurred, but not more often than once every 5 years during the Franchise Agreement's term. The renewal-time update is uncapped. |
| Interest on Late Payments and Other Related Charges | Not stated | varies | No | verified (tie-break) | Item 6, p. 39 | Applies only when a payment is late or an item is dishonored — a penalty, not a routine recurring fee. |
| Alternative Supplier Evaluation Fees | Not stated | per event | No | single-pass | Item 6, p. 40 | Only if franchisee seeks approval of an untested alternative-supplier part. [Listed by one verification pass only (A); not independently confirmed.] |
| Training Fees | Not stated | per event | No | verified (tie-break) | Item 6, p. 40 | Payable only if you ask for special assistance, or the franchisor determines there are significant deficiencies in your Center and requires your personnel to undergo additional training. |
| Commingled Funds Fee | $2,500 | per event | No | single-pass | Item 6, p. 39 | Only if an audit reveals commingling of Center funds. [Listed by one verification pass only (A); not independently confirmed.] |
| Audit (Cost Reimbursement) | Not stated | per event | No | single-pass | Item 6, p. 39 | Only if franchisee fails to submit Gross Revenues statements/records, or an audit reveals understatement of Gross Revenues > 2% for any 12-month period, or fails to produce records within 15 days. [Listed by one verification pass only (A); not independently confirmed.] |
| Reimbursement of Repair and Maintenance Costs | Not stated | per event | No | single-pass | Item 6, p. 39 | Only if franchisee fails/refuses to repair or maintain the Center as required and franchisor does so on its behalf. [Listed by one verification pass only (A); not independently confirmed.] |
| Attorneys' Fees and Other Costs | Not stated | per event | No | single-pass | Item 6, p. 38 | Only if franchisor prevails in a legal dispute over a breach of the Franchise/Development Agreement. [Listed by one verification pass only (A); not independently confirmed.] |
| Indemnification | Not stated | per event | No | single-pass | Item 6, p. 39 | Only if franchisor is held liable for third-party claims arising from development/operation of the Center(s). [Listed by one verification pass only (A); not independently confirmed.] |
| Service Fee | $34 | weekly | No | verified (tie-break) | Item 6, p. 36 | Payable only if you operate a Co-branded Meineke/Econo Lube Center under the Co-brand Addendum (Exhibit W). Item 1 states the franchisor is not currently offering franchises for new Co-branded Centers and offers them only in connection with renewals and transfers, so a new single-unit franchisee will not pay it. |
| Successor Franchise Fee | $5,000 | one time | Conditional | single-pass | Item 6, p. 35 | Payable upon signing a successor/renewal franchise agreement. [Listed by one verification pass only (A); not independently confirmed.] |
| Relocation Fee | $1,000 | per event | Conditional | single-pass | Item 6, p. 36 | Payable at the time franchisor consents to relocation of the Center. [Listed by one verification pass only (A); not independently confirmed.] |
| Intershop Late Fee | $20 | per event | No | single-pass | Item 6, p. 36 | Only if franchisee fails to pay an intershop warranty-reimbursement charge within 30 days. [Listed by one verification pass only (A); not independently confirmed.] |
| Transfer Fee | $7,500 | one time | Conditional | single-pass | Item 6, p. 36 | Upon any transfer of the Franchise Agreement or ownership interest. [Listed by one verification pass only (A); not independently confirmed.] |
| Initial Advertising Contribution Upon Transfer | $20,000 | one time | No | verified (tie-break) | Item 6, p. 36 | Due upon any transfer of the Franchise Agreement or of any ownership in the franchisee or the assets, revenue or income of the Center. Not charged on renewal. Separate from, and on top of, the $7,500 Transfer Fee and the optional $15,000 Resale Assistance Fee. |
| Resale Assistance Fee | $15,000 | one time | Conditional | single-pass | Item 6, p. 36 | Only if franchisee elects to participate in the resale assistance program upon transfer. [Listed by one verification pass only (A); not independently confirmed.] |
| M.Key Software Transfer Fee | $1,000 | one time | Conditional | single-pass | Item 6, p. 36 | Payable if the transferee elects assignment of the M.Key Software license. [Listed by one verification pass only (A); not independently confirmed.] |
| Fascia and Sign Update Deposit | $3,000 | one time | Conditional | single-pass | Item 6, p. 39 | Payable only when purchasing an existing Meineke Center franchise; refundable (the only refundable fee in Item 6). [Listed by one verification pass only (A); not independently confirmed.] |
| M.Key optional modules (Technical Procedures, QuickBooks, Motovisuals, AutoVitals) | $25–$245 | monthly | No | verified (tie-break) | Item 6, p. 38 | Optional add-ons to the M.Key Software. Purchasing AutoVitals reduces the Basic Software Maintenance Fee from $375 to $275. Split out from the base maintenance fee because these are separately priced and separately elective; overlaps_with points at mkey-maintenance-fee so the two are never summed as independent mandatory costs. |
| Insurance | $10,000–$17,000 | annual | Yes | verified (tie-break) | Item 7, p. 44 | Payable to third-party insurers, not to the franchisor, and not an Item 6 fee — it appears only in the Item 7 initial investment table. |
Fees are paid weekly by authorised electronic draft on a Payment Day the franchisor sets (currently Wednesday). Both the royalty and the advertising fund carry minimum payments that apply regardless of sales, a risk the FDD highlights on its state cover page. Other conditional charges in Item 6 include a $1,000 relocation fee, a $20 intershop late fee, a $2,500 commingled-funds fee plus $250 per further month, audit costs where an audit is triggered or understatement exceeds 2%, alternative-supplier evaluation fees up to $500, supplemental training up to $1,000 per person per day, interest at 3% over prime on late payments, a $35 NSF charge, and indemnification and attorneys' fees.
Financial performance (Item 19)
What the franchisor actually disclosedWho is represented: Part A covers 549 franchised Meineke Centers that operated the whole 2024 fiscal year (Dec 31, 2023 to Dec 28, 2024), had been open at least 2 full years, operated with at least 5 repair bays, and reported revenue and KPI data for the full year — 76.7% of the 716 franchised Centers open at year end. Excluded were 51 Centers open less than 2 full years, 116 Centers with fewer than 5 bays (the 167 excluded Centers are reported separately) and 22 Centers that closed during the year. There are no company-owned Centers. Part B covers 75 Centers opened between Dec 28, 2019 and Dec 30, 2023. Part C covers the 91 Part A Centers that also submitted profit and loss statements.
Qualifications: The figures are unaudited and were prepared by management from data franchisees reported; no accountant has reviewed them. Part A covers only Centers open at least 2 full years with 5 or more repair bays that reported a full year of data — 549 of the 716 franchised Centers open at year end. It excludes 51 newer Centers, 116 smaller Centers (reported separately at a $711,077 average) and 22 Centers that closed during the year, so closures and small formats are not in the headline average. The Part A Centers had operated for an average of 21.6 years, which is materially longer than a new Center. Part C is a self-selected sample: only 91 of the 549 franchisees submitted profit and loss statements, and the franchisor normalised royalty to 5% and advertising to 5.75% of Gross Revenues and owner payroll to 10.7% of Gross Revenues rather than using actual amounts. Its cost list is not all-inclusive and 4-Wall EBITDA is before debt service, depreciation, amortisation, income taxes and any owner compensation beyond the 10.7% adjustment. Part B's opening-year sample is weighted toward Southern and Southwestern states. All figures are Gross Revenues, which excludes sales tax, credit card fees and check guaranty fees.
View full Item 19 disclosure and tables
Item 19 has three parts. Part A gives FY2024 Gross Revenues for 549 franchised Centers that had been open at least two years and had five or more bays: average $971,221 and median $913,607, with 44% of those Centers at or above the average. The spread is wide — the top half averaged $1,297,015 and the bottom half $646,613, and individual Centers ranged from $155,747 to $3,706,322. The 167 Centers excluded for being newer or smaller averaged $711,077. Part B shows how a new Center ramps: across 75 Centers opened between 2019 and 2023, average Gross Revenues rose from $148,140 in the first 13 weeks to $203,280 in the fourth, implying roughly $707,000 across a first year rather than the mature-Center average. Part C is the only cost disclosure: for the 91 Centers that voluntarily submitted profit and loss statements, average Gross Revenues were $1,035,879 and average 4-Wall EBITDA $211,147 (20.4%), but royalty, advertising and owner payroll were normalised rather than actual, and the expense list excludes debt service, depreciation, taxes and owner compensation beyond the payroll adjustment. Item 19 does not show net income, cash flow after debt service, or results for company-owned Centers, of which there are none.
| Metric | Subset | Value | Units | Period | Cite |
|---|---|---|---|---|---|
| Gross Revenues — all Part A franchised Centers 44% of units met or exceeded 239 of 549 Centers met or exceeded the average. These Centers had operated an average of 21.6 years. | System (open 2+ years, 5+ bays) Average | $971,221 | 549 | FY2024 | FDD p.87 |
| Gross Revenues — all Part A franchised Centers | System (open 2+ years, 5+ bays) Median | $913,607 | 549 | FY2024 | FDD p.87 |
| Gross Revenues — top performing half of Part A Centers 39% of units met or exceeded 107 of the 274 top-half Centers (39%) met or exceeded this average. | Top 50% Average | $1,297,015 | 274 | FY2024 | FDD p.87 |
| Gross Revenues — bottom performing half of Part A Centers 54% of units met or exceeded 149 of the 275 bottom-half Centers (54%) met or exceeded this average. | Bottom 50% Average | $646,613 | 275 | FY2024 | FDD p.87 |
| Gross Revenues — top performing half of Part A Centers | Top 50% Median | $1,178,295 | 274 | FY2024 | FDD p.87 |
| Gross Revenues — bottom performing half of Part A Centers | Bottom 50% Median | $668,485 | 275 | FY2024 | FDD p.87 |
| Highest Gross Revenues reported — top half of Part A Centers Highest single-Center figure in the Part A population. | Top 50% High | $3,706,322 | 274 | FY2024 | FDD p.87 |
| Lowest Gross Revenues reported — bottom half of Part A Centers Lowest single-Center figure in the Part A population. | Bottom 50% Low | $155,747 | 275 | FY2024 | FDD p.87 |
| Gross Revenues — Centers excluded from Part A 40% of units met or exceeded These Centers averaged 4.4 repair bays where bay data was available; lowest $19,478, highest $2,290,946; 67 of 167 (40%) met or exceeded the average. | Excluded: open under 2 years or fewer than 5 bays Average | $711,077 | 167 | FY2024 | FDD p.86 |
| Gross Revenues — Centers excluded from Part A | Excluded: open under 2 years or fewer than 5 bays Median | $643,588 | 167 | FY2024 | FDD p.86 |
| Gross Revenues — Centers open more than 1 but under 2 full years 42% of units met or exceeded Median $655,442; lowest $164,848; highest $1,450,746; 10 of 24 (42%) met or exceeded the average. | Open 1–2 years Average | $751,555 | 24 | FY2024 | FDD p.87 |
| First-year ramp — Gross Revenues in first 13 weeks open 41% of units met or exceeded Median $127,086; high $395,690; low $40,586. 109 new Centers opened in the period; 14 with fewer than 5 bays and 20 that did not report a full year were excluded. | 75 Centers opened Dec 2019 – Dec 2023 Average | $148,140 | 75 | 1st 13 weeks open (2020-2023 opens) | FDD p.88 |
| First-year ramp — Gross Revenues in weeks 40 to 52 41% of units met or exceeded Median $182,738; high $436,833; low $53,275. Second and third quarters averaged $173,383 and $182,189. | 75 Centers opened Dec 2019 – Dec 2023 Average | $203,280 | 75 | 4th 13 weeks open (2020-2023 opens) | FDD p.88 |
| Gross Revenues — Centers submitting profit and loss statements 41% of units met or exceeded Self-selected subset of the Part A population; these Centers had operated an average of 17.7 years. | Part C: 91 Centers Average | $1,035,879 | 91 | FY2024 | FDD p.89 |
| Gross Revenues — Centers submitting profit and loss statements | Part C: 91 Centers Median | $938,764 | 91 | FY2024 | FDD p.89 |
| Call lead conversion rate — Part A Centers 51% of units met or exceeded Median 31.4%; top half 34.5%; bottom half 28.1%. Share of unique callers matched to a processed invoice. | System (open 2+ years, 5+ bays) Average | 31.3% | 549 | FY2024 | FDD p.87 |
Disclosed cost and profit figures
These figures are disclosed by the franchisor for the population stated in each row — often a subset (company-owned units, or franchisees who chose to report). They frequently exclude owner compensation, rent, debt service, taxes or royalties. They are not a prediction of your results.
| Metric | Subset | Value | Units | Period | Cite |
|---|---|---|---|---|---|
| 4-Wall EBITDA — Centers submitting profit and loss statements Gross Revenues less cost of goods, total labour, royalty, advertising, occupancy and other operating expenses. Royalty was normalised to 5% and advertising to 5.75% of Gross Revenues, and owner payroll was adjusted to 10.7% of Gross Revenues. The list of costs is not all-inclusive and excludes items such as debt service, depreciation and taxes. | Part C: 91 Centers Average | $211,147 | 91 | FY2024 | FDD p.89 |
| 4-Wall EBITDA — Centers submitting profit and loss statements | Part C: 91 Centers Median | $181,594 | 91 | FY2024 | FDD p.89 |
| 4-Wall EBITDA margin — Centers submitting profit and loss statements Median margin 19.3%; top half 21.1%; bottom half 18.9%. | Part C: 91 Centers Average | 20.4% | 91 | FY2024 | FDD p.89 |
| 4-Wall EBITDA — top performing half of Part C Centers On average Gross Revenues of $1,406,185. | Part C top 50% Average | $296,824 | 45 | FY2024 | FDD p.89 |
| 4-Wall EBITDA — bottom performing half of Part C Centers On average Gross Revenues of $673,623. | Part C bottom 50% Average | $127,333 | 46 | FY2024 | FDD p.89 |
System health (Item 20)
Outlets, openings, exits and transfers by fiscal year · U.S. onlyView detailed Item 20 tables and source notes
| Fiscal year | Start | Opened | Terminated | Not renewed | Reacquired | Ceased — other | End | Transfers | Company-owned (end) |
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 706 | 23 | 20 | 0 | 0 | 4 | 705 | 39 | 0 |
| 2023 | 705 | 28 | 28 | 0 | 0 | 3 | 702 | 71 | 0 |
| 2024 | 702 | 36 | 8 | 8 | 0 | 6 | 716 | 74 | 0 |
Disclosed 2025 Franchise Disclosure Document — Meineke Franchisor SPV LLC, Item 20, Tables 1–3 (PDF p. 92). Counts are for Meineke Centers and are broken out by U.S. state. A second set of Item 20 tables covers Co-branded Meineke/Econo Lube Centers, which are not counted above: 25 franchised at the start of 2022, 22 at the end of 2022 and 2023, and 17 at the end of 2024, with 13 opened and 13 ceasing operations for other reasons in 2023. Table No. 3 footnotes state that the 'opened' column includes existing company-owned outlets purchased by a franchisee and excludes outlets re-opened after a temporary closure, that 2 outlets both opened and were terminated in 2023, and that the Arizona and California rows include locations previously unaccounted for. FY2024 was the first of the three years with recorded non-renewals (8). Transfers between franchisees rose from 39 in 2022 to 71 and 74.
Source data notes (11) — inconsistencies found in the FDD itself during verification
Our verification re-reads every table. Where the FDD's own printed tables disagree, we document the discrepancy rather than silently "fixing" it. Classes: B = arithmetic error in the source's derived column; C = the printed tables genuinely disagree; D = a legitimate definitional difference (e.g., transfers netted, explained by a footnote); E = unresolved ambiguity. Figures a material C/E issue puts in doubt are excluded from our derived metrics, scores and rankings.
- [C/minor] Table No. 2 (Meineke Centers) 2023: The 33 state rows of the transfers table sum to 70 for fiscal 2023 but the printed TOTAL row reads 71. Parsed all 33 states from the text layer across PDF 92-95 and re-checked the largest 2023 values (Kansas 8, Kentucky 12, New Jersey 10, North Carolina 6, Texas 6) against the rendered page image of PDF 93, which matches the text layer digit for digit; no row is missing and no row carries a footnote marker. Fiscal 2022 (39) and fiscal 2024 (74) both foot exactly against the same parse. — A one-unit arithmetic error in the franchisor's own TOTAL row, not an extraction artifact: the state rows sum to 70 while the printed total says 71. Keep the printed TOTAL of 71 that the record already uses — it is the disclosed figure, the discrepancy is 1 unit against 705 franchised outlets at the start of 2023 (0.14%, well under the 0.5% threshold), and only the two adjacent years, which both foot, are available to corroborate. Nothing about the outlet counts is affected: transfers are not an input to any start/end, opened or closed figure.
- [A/minor] Table No. 3 (Meineke Centers, Florida row) 2023: The pdftotext layer renders the Florida 2023 row as start 23, opened 52, terminations 42, end 24, which cannot foot (23 + 52 - 42 = 33, not 24). — Text-extraction artifact, not a source defect. The rendered image of PDF 96 shows opened = 5 and terminations = 4, each followed by a superscript footnote marker 2 ("Includes 2 outlets that both opened and were terminated in 2023", PDF 99) that pdftotext concatenated onto the digit. With 5 and 4 the row foots (23 + 5 - 4 = 24) and, decisively, the 48 state rows then sum to the printed TOTAL row exactly in all seven columns for 2023 (705 / 28 / 28 / 0 / 0 / 3 / 702); the same column-by-column sum already matches exactly for 2022 and 2024 with no substitution. Correct values: Florida 2023 opened 5, terminations 4, PDF 96. The record's TOTAL-row figures are unaffected and correct.
- [D/material] Item 20 (both concept sets): Item 20 is split by concept rather than geography: a full set of Tables 1-5 for "Meineke Centers" (PDF 92-100, 716 franchised outlets at the end of FY2024) and a second full set for "Co-branded Meineke/Econo Lube Centers" (PDF 100-103, 17 franchised outlets at the end of FY2024). Both sets are the franchisor's own U.S. franchisees under this FDD — Item 1 (PDF 12) describes a Co-branded Center as one operated by "a Meineke franchisee who has signed the Co-brand Addendum" — and the two populations are disjoint, so the franchisor's total U.S. franchised outlets at FY2024 end are 716 + 17 = 733, and at FY2024 start 702 + 22 = 724. — A legitimate table-definition split, not a numeric error: both sets are printed, both foot in every year, and each Table 3 TOTAL matches its own Table 1 exactly. But the choice of which total the site publishes is material. The 17 co-branded outlets are 2.4% of the 702 franchised Meineke Centers at the start of FY2024, well above the 0.5% threshold, and net FY2024 growth is +14 on the Meineke Centers table alone against +9 (724 to 733) for the two sets combined. The direction of growth does not change. The record's 716 is the right figure for the Meineke Center concept and is independently corroborated (Item 19 Part A's 549 reporting Centers plus the 167 it excludes equal 716 exactly), so keep it, but the record's item20.notes must keep saying plainly that a second concept set of 17 outlet
- [E/minor] Item 1 vs Item 20 co-branded Table No. 1 2024: Item 1's Econo Lube affiliate paragraph (PDF 12) states that "As of December 28, 2024, there were 8 Econo Lube N' Tune franchises and 9 Econo Lube N' Tune franchises co-branded with Meineke centers in the United States," while Item 20's Co-branded Meineke/Econo Lube Centers Table No. 1 (PDF 100) shows 17 franchised and 17 total outlets at the end of the same fiscal year, down from 22. Nine against seventeen for what appear to be the same physical locations, on the same as-of date. — Unresolved on the face of the document. Two readings are open and the FDD reconciles neither. Either the two disclosures genuinely disagree, or they count different populations: Item 1 describes two distinct and opposite co-branding arrangements — Meineke franchisees who sign the Co-brand Addendum (Exhibit W) and operate a co-branded Center, and Econo Lube franchisees whom MCC previously licensed "to operate a Meineke Car Care Center at their Econo Lube N' Tune locations" (PDF 12) — and the 9 is stated in Econo Lube's franchisor paragraph as a count of Econo Lube franchises, while the 17 is Meineke's own Item 20 count of co-branded Centers. No footnote ties them together. Severity is minor because neither figure touches the Meineke Centers TOTAL rows the site uses; it bears only on the co-
- [E/minor] Co-branded Table No. 3 2023: The co-branded Table No. 3 TOTAL row for fiscal 2023 shows 22 outlets at the start, 13 opened, 0 terminations, 0 non-renewals, 0 reacquired, 13 ceased operations for other reasons, and 22 at the end (PDF 102). Thirteen openings and thirteen other-reason closures in a single year against a stable base of 22 is implausible as real activity, particularly for a program Item 1 says is closed to new franchises ("we offer such franchises only in connection with renewals and transfers"). — The row foots (22 + 13 - 13 = 22) and matches co-branded Table No. 1's 22/22 for 2023, so nothing is arithmetically wrong, but the composition is not explained by any of the three footnotes on PDF 102 and the most likely reading — a reclassification of outlets between the Meineke Centers and co-branded tables, or a re-signing of Co-brand Addenda recorded as opens and closes — cannot be confirmed from the document. Left unresolved. It does not touch the Meineke Centers tables and it does not change any co-branded start or end count, so it distorts only the openings and closures counts within the co-branded set, which the record does not publish.
- [D/minor] Table No. 3 (Meineke Centers) footnotes: Table No. 3 carries footnote markers that flag data-quality repairs and definition choices: footnote 1, "Includes new outlets and existing company-owned outlets that a franchisee purchased from the franchisor; excludes outlets that re-opened after being temporarily closed"; footnote 2, "Includes 2 outlets that both opened and were terminated in 2023"; and an asterisk, "* Includes locations previously unaccounted for", carried on five state rows — Arizona, California, Nevada, Tennessee and Texas (Pass B reported only Arizona and California). — All three are printed footnotes that define the columns rather than errors. Footnote 1 is standard FTC-form wording and is harmless here because Table No. 4 shows zero company-owned outlets in all three years, so no refranchising is hidden inside the opened column. Footnote 2 explains the 2 Florida outlets that opened and were terminated within 2023 and is already reconciled. The asterisk denotes a catch-up of previously unaccounted locations on five state rows; the affected state rows still foot individually and still sum exactly to the printed TOTAL in every column and year, so the totals are corroborated in both directions.
- [D/minor] Table No. 3 (Meineke Centers) 2024: Fiscal 2024 shows 8 non-renewals, the only non-zero non-renewals in the three-year window (0 in both 2022 and 2023), while terminations fall from 28 to 8. Total involuntary exits are broadly similar year over year (2023: 28 terminations + 0 non-renewals + 3 other = 31; 2024: 8 + 8 + 6 = 22); what moved is the classification. — A reclassification between printed exit columns, not an error. The 2024 row foots exactly (702 + 36 - 8 - 8 - 0 - 6 = 716), the state rows sum to the TOTAL in all seven columns, and the end count carries forward cleanly, so no total is in doubt. It matters only for any metric that reads terminations alone: a year-over-year terminations comparison would show a 71% drop that is largely a labelling change, so attrition should be derived from total exits (terminations + non-renewals + ceased-other), not from terminations by itself.
- [D/minor] Table No. 5 (Meineke Centers) 2024: Table No. 5 (PDF 100) projects 14 new franchised Meineke Centers for the fiscal year after FY2024, against 36 actual franchised openings in FY2024 and 43 franchise agreements signed with the outlet not yet open. — Not an inconsistency. Table No. 5 is a forward projection made on a different basis from the historical Table No. 3 openings column and from the signed-not-yet-open count, and the FTC form does not require the three to agree. The record's projected_openings_next_year of 14 and signed_not_open of 43 both match the printed table. Worth surfacing editorially — the projection is conservative against both the prior year and the pipeline — but it feeds no historical derived metric.
- [D/minor] Table No. 1 / Table No. 3 (Meineke Centers) vs Item 1: Item 20's tables are captioned "Meineke Centers" and are broken out by U.S. state but are nowhere expressly labelled U.S.-only, while Item 1 (PDF 13) discloses a separate Canadian franchisor, Meineke Canada SPV LP, which "and its predecessors have offered Meineke Center franchises in Canada since August 2004", with 14 franchised Meineke Centers in Canada as of December 28, 2024, offered under a separate Canadian disclosure document. — The tables are U.S.-only. Every row in Tables No. 2, 3 and 5 is a U.S. state and the state rows sum exactly to the printed TOTAL in all seven columns in each of the three years, so adding the 14 Canadian units would break the reconciliation. The record's us_only flag of true is correct and the 716 total needs no adjustment.
- [D/minor] Item 19 Part A vs Table No. 3 2024: Item 19 Part A reports on a population of 549 Centers and separately identifies 167 Centers it excludes; 549 + 167 = 716, exactly the Table No. 3 TOTAL row's outlets at the end of FY2024. The 22 Centers that closed during FY2024 (8 terminations + 8 non-renewals + 6 ceased-other) are in neither group. — A definitional difference that resolves cleanly and corroborates rather than contradicts: Item 19's two groups reconcile exactly to the Item 20 year-end total, which is a second, independent confirmation of the 716 the record uses. The editorial caveat is about Item 19, not Item 20 — the 167 excluded Centers averaged $711,077 against $971,221 for the Part A group, so the headline average is selection-limited and should not be presented as a system-wide average.
- [D/minor] Item 19 Part C: Item 19 Part C figures are adjusted rather than raw: royalty is normalised to 5% of Gross Revenues, advertising to 5.75% rather than the 8% in the Franchise Agreement, and owner payroll is imputed at 10.7% of Gross Revenues for the 71 of 91 Centers that did not report it separately. Only 91 of the 549 eligible Centers submitted profit-and-loss statements. — Disclosed methodology, not an Item 20 issue, and it affects no outlet count or derived unit metric. It matters to the fee schedule instead, and is already carried there: the 5% normalisation is the basis for the royalty entry's blended model rate and the 5.75% is quoted in the ad-fund model note. The small and self-selected Part C sample (91 of 549) belongs in the Item 19 caveats.
Company-owned outlets (Table 4)
| Year | Start | Opened | Reacquired from franchisee | Closed | Sold to franchisee | End |
|---|---|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
Read: How to read Item 20.
Ownership and operations
Items 11, 12, 15, 17Manager-run permitted Disclosed
- Source
- 2025 Franchise Disclosure Document — Meineke Franchisor SPV LLC
- Document
- FDD 2025, issued 2025-06-20, amended 2025-12-29
- Item
- Item 15
- Page
- PDF p. 73
- Obtained
- Minnesota Department of Commerce — CARDS Franchise Registrations, file 10930
The Center's manager must devote substantially all of his or her business time and attention to the on-premises management and operation of the Center.
The franchisor may require the franchisee (or its Operating Partner) to actively participate in directing and managing the Center, but day-to-day operation may be delegated: the franchisee must designate a manager who has completed the franchisor's Internet training program and who devotes substantially all business time to on-premises management. The manager need not hold equity. An entity franchisee must name an Operating Partner who owns and controls at least 10% of its equity and voting rights, has completed training, and can bind the franchisee. Under a Development Agreement a full-time Managing Director must be hired before the first Center opens.
View operating requirements, territory and contract term
| Owner involvement (Item 15) | Manager-run permitted Disclosed
The franchisor may require the franchisee (or its Operating Partner) to actively participate in directing and managing the Center, but day-to-day operation may be delegated: the franchisee must designate a manager who has completed the franchisor's Internet training program and who devotes substantially all business time to on-premises management. The manager need not hold equity. An entity franchisee must name an Operating Partner who owns and controls at least 10% of its equity and voting rights, has completed training, and can bind the franchisee. Under a Development Agreement a full-time Managing Director must be hired before the first Center opens. The franchisor may require the franchisee (or its Operating Partner) to actively participate in directing and managing the Center, but day-to-day operation may be delegated: the franchisee must designate a manager who has completed the franchisor's Internet training program and who devotes substantially all business time to on-premises management. The manager need not hold equity. An entity franchisee must name an Operating Partner who owns and controls at least 10% of its equity and voting rights, has completed training, and can bind the franchisee. Under a Development Agreement a full-time Managing Director must be hired before the first Center opens. |
|---|---|
| Initial training | Initial training lasts up to 13 days: up to 69 hours of classroom instruction (up to 53 hours on the Business System and up to 16 on Shop Operations) plus up to 7 hours of on-the-job Shop Operations training. The length for each trainee depends on the function they will perform. Training runs roughly monthly at the Meineke University training center in Charlotte, North Carolina, at a designated Meineke Center, and/or virtually through the franchisor's learning management system. The franchisee — or, for an entity, the Operating Partner — plus one other person who signed or guaranteed the Franchise Agreement must attend, be certified and complete the program before the Center opens. There is no training fee for those two people if the initial franchise fee is paid in full, but travel, food and lodging are the franchisee's cost. The Center's manager must separately complete the required Internet training, also without a fee, and buyers of an existing Center must complete the same initial program. Supplemental training the franchisor requires may cost up to $1,000 per person per day. Disclosed
|
| Multi-unit / development options | Multi-unit rights are granted under an Area Development Agreement that requires committing to develop at least 4 Meineke Centers on a mandatory schedule. The development fee equals 100% of the initial franchise fee for each Center to be developed and is credited against each Center's initial franchise fee as it becomes payable; Item 7 Note 10 states the fee for a 4-Center commitment is $107,500 and that no other initial investment is required to begin operating under the Development Agreement. Developers committing to 5 or more Centers also sign a Limited Exclusivity Addendum. Existing franchisees in good standing pay reduced initial franchise fees of $22,500 for a second Center and $20,000 for a third and each later Center, and developers signing after the issuance date receive a Development Incentive Addendum cutting royalties for up to 36 months. In the fiscal year ended December 28, 2024, one developer signed an area development agreement and paid or committed to pay $107,500 in development fees. Disclosed
|
| Territory (Item 12) | Territory protection is limited. Once the site is approved, the franchisor will not grant another Meineke Center within a 2-mile radius of the premises (the 'Protected Area'), must offer a right of first refusal before placing a Center between 2 and 3 miles away, and will not grant more than one Center per 50,000 registered vehicles in the Center's Metropolitan Statistical Area. These rights do not depend on sales volume or market penetration, and the Protected Area cannot be changed without the franchisee's written agreement. The right of first refusal goes only to franchisees who are 'Option Eligible': current on payments, no unresolved warranty or customer complaints, and at least a 3-Star Dealer for the last 2 years of the term. Protection excludes Centers already open, under development or approved at that point, and the franchisor and its affiliates may operate other brands nearby, subject to a divestiture obligation and a put option if an acquired competing outlet lands in the Protected Area. A separate Encroachment Insurance Policy, outside the Franchise Agreement, addresses lost sales from nearby new Centers. The Area Development Agreement grants no exclusive territory. Disclosed
|
| Initial term | 15 years Disclosed
|
| Renewal | The franchisor may grant a successor franchise for a term of 15, 8 or 5 years at the franchisee's choice. Conditions include notice, compliance with the agreements, keeping possession of the premises for the renewal term, signing the then-current successor franchise agreement (which may contain materially different terms), remodelling the Center, paying the successor franchise fee of $5,000 (CPI-adjusted, with $1,000 rebated if completed within 180 days before expiry) and signing a release where state law allows. Depending on the term elected, a Unilateral or Reciprocal Right to Independence Rider may allow the franchisee to continue as an independent shop afterwards; the 2016 Meineke Dealers Association litigation settled in 2018 turned on those rider rights. There is no renewal or extension right under the Development Agreement. Disclosed
|
| Staffing | The Center must be staffed at all times with enough competent, properly trained employees, all of whom the franchisee hires and employs. At least one employee must obtain, within a year, and maintain Automotive Service Excellence (ASE) certification for each service area the Center performs for which certification exists, with the same one-year window after staff changes. Item 7 assumes a 3,400 sq ft, 5-bay Center at the low end and a 7,000 sq ft, 6-bay Center at the high end. Required operating hours are not specified in the items reviewed. Disclosed
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Risk and legal observations
Items 3, 4, 8, 15, 17 — summarized neutrallyLitigation: 18 matter(s) disclosed Disclosed · Bankruptcy: None disclosed Disclosed
View legal disclosures, restrictions and guarantees
| Litigation (Item 3) | 18 matter(s) disclosed Disclosed Item 3 lists 18 matters. One pending action is the franchisor's suit against a former California franchisee and its guarantors over abandonment and unpaid amounts; the counterclaims were dismissed on summary judgment in 2024, judgment in January 2025 went to the franchisor's affiliate for $13,796 on the sublease claim and to the defendants on the franchisor's claims, with an appeal briefed through December 2025. Five pending matters are against the publicly traded parent, Driven Brands Holdings, and its officers and directors: a 2023 securities class action whose motion to dismiss was denied in February 2025, and four shareholder derivative suits repeating those allegations. Another is a November 2025 suit by 10 Maaco franchisees against an affiliated franchisor and Driven entities alleging misuse of advertising funds; the defendants dispute the claims. Three further collection actions by the franchisor are listed, two against former Canadian franchisees and both settled. Five concluded matters include two franchisee suits alleging misrepresentation in the sale of a Center (both settled, one with a $54,000 payment), a Maryland consumer case in which the former franchisor entity was found liable and the franchisee paid the judgment, a 2016 franchisee-association case over renewal rights settled in 2018, and a collection suit settled by buying the franchisee's assets. Three are settlements by unrelated Roark-affiliated brands over no-poaching provisions and data security. |
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| Bankruptcy (Item 4) | None disclosed Disclosed Item 4 states that no bankruptcy is required to be disclosed. |
| Personal guaranty | Required Disclosed
Every person or entity holding a 10% or greater direct or indirect ownership interest in an entity franchisee must sign a personal guaranty and be jointly and severally bound by the franchisee's financial and other obligations. The same requirement applies under the Development Agreement, where owners' spouses are not required to guarantee. Item 1 states the Franchise Agreement's provisions apply to all owners because of the guaranty requirement. |
| Non-compete | During the term, the franchisee and its owners may not own or engage in a Competitive Business anywhere, own a company that franchises Competitive Businesses, divert business to one, or act in a way injurious to the marks; holding under 5% of a publicly traded competitor is allowed. A 'Competitive Business' is any enterprise selling Core Authorized Products or Services, excluding other Meineke Centers, other automotive brands franchised by Driven Brands Holdings, and certain pre-existing disclosed businesses. For one year from the later of termination or expiration or the date compliance begins, the franchisee and its owners may not own, manage, operate or consult with a Competitive Business at the former premises, within a 6-mile radius of the Center, or within a 6-mile radius of any Meineke Center operating when the Franchise Agreement was signed. Under the Development Agreement the restriction covers the Development Area and 6 miles beyond its border. Disclosed
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| Transfer restrictions | Any voluntary or involuntary, direct or indirect transfer of the Franchise Agreement or of ownership interests — including transfers on death, divorce, insolvency or foreclosure — requires the franchisor's approval. Conditions include notice, compliance with all agreements, payment of the transfer fee, and a non-compete and general release from the seller; the transferee must meet the franchisor's standards and financial requirements, complete training, pay the $20,000 initial advertising contribution, sign a new franchise agreement or an assignment at the franchisor's option, and remodel the Center, and the Center must be open and operating. The franchisor has a right of first refusal to match any offer for the Center. On death or disability the franchise must be assigned to an approved buyer within 12 months. A Development Agreement may only be transferred together with all Meineke Centers the developer owns. The franchisor's own right to assign is unrestricted. Disclosed
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| Termination / non-renewal | The franchisor may terminate only with cause; there is no termination without cause. Curable defaults carry a 30-day cure period: monetary defaults, selling unauthorised products or services, and other breaches including of the Operations Manual. Non-curable defaults include insolvency, failure to open the Center, material misrepresentation, felony conviction, unauthorised use of confidential information, unauthorised transfer, loss of the lease, repeated defaults and default under any other agreement with the franchisor. The franchisee may terminate only if the parties cannot agree on a site within 180 days of signing. On termination or expiration the franchisee must pay all amounts owed, stop using the marks and software, assign the Center's telephone number, de-identify, sell its parts inventory to the franchisor and observe post-term covenants; the franchisor may also take an assignment of the lease unless the franchisee gave 18 months' notice of non-renewal and will not run a Competitive Business there. Missing the development schedule is a non-curable default under the Development Agreement, though the franchisor may instead cut the Centers required or extend the schedule. Disclosed
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| Supplier restrictions (Item 8) | Equipment, fixtures, signs, parts, uniforms and supplies must meet the franchisor's specifications and, for parts and similar items, come from approved suppliers. Sequentially numbered customer receipts must be bought from a designated supplier, and new franchisees must license the franchisor's M.Key shop-management software, currently their only approved option. Otherwise franchisees may buy from any supplier meeting the standards, and an unapproved supplier is deemed approved if not rejected within 30 days. The franchisor states that items subject to its standards are 40% to 50% of a Center's overall purchases, that equipment is 28% to 55% and software 1% to 4% of the initial investment, and that where it requires exclusive purchase from itself (other than receipts) it sells at cost. For the fiscal year ended December 28, 2024 it disclosed about $425,664 of affiliate revenue from selling equipment, inventory and supplies to franchisees, about $1,019,380 of affiliate revenue from subleasing premises, $18,579 of prompt-pay discounts retained and $1,160,853 of supplier promotional allowances used for the chain. Disclosed
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| Dispute resolution | Except for injunctive relief and, under the Franchise Agreement, certain multi-plaintiff and class actions, disputes must be arbitrated; the FDD's state cover page states arbitration takes place only in North Carolina and warns that out-of-state arbitration may cost more and produce less favourable settlements. Court actions are brought where the franchisor has its principal place of business, currently Charlotte, North Carolina. North Carolina law applies, subject to the U.S. Arbitration Act and state franchise laws. Under the Franchise Agreement a franchisee may first appeal certain franchisor business decisions to an ombudsman, whose views do not bind the franchisor. The Michigan addendum records the franchisor's position that it intends to enforce arbitration notwithstanding Michigan's prohibition on out-of-state forums. Disclosed
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- Minimum payments apply regardless of sales: an annual minimum royalty of $20,800 ($400 per week, starting 6 months after a new Center opens) and, for a new Center, a minimum $250 weekly advertising fund contribution during the first 12 weeks. The FDD highlights mandatory minimum payments as a special risk.
- The advertising fund contribution of 8% of Gross Revenues is high relative to the royalty; Item 19 Part C states franchisees generally pay less under Advertising Addenda and normalises the cost to 5.75%, so the rate an individual franchisee pays depends on eligibility criteria the franchisor sets annually.
- Territory protection is a 2-mile radius with a right of first refusal out to 3 miles, and the right of first refusal depends on the franchisee remaining 'Option Eligible', including a 3-Star rating in the last 2 years of the term.
- The franchisor may require a remodel or upgrade of up to $20,000 per occurrence once every 5 years during the term, with no monetary limit on updating at renewal.
- On expiration or termination the franchisor may take an assignment of the Center's lease unless the franchisee gave 18 months' notice of non-renewal and will not operate a competing business there.
- Item 20 discloses that some current and former franchisees have signed provisions restricting their ability to speak openly about the system.
- The franchisor is a special-purpose entity within a securitisation structure; its performance is guaranteed by Driven Systems LLC, and its ultimate parent is a publicly traded company facing a securities class action and four derivative suits described in Item 3.
Summaries are neutral paraphrases of the cited document and are not legal advice. Read the full Items in the current FDD and consult a franchise attorney.
Illustrative unit economics
Model estimateModel estimate — not disclosed by the franchisor, not a forecast. Fee lines below come from this brand's verified FDD fee schedule and are computed exactly as disclosed (each line shows its arithmetic). Operating-cost ratios are category placeholders we chose — every one is editable and labeled assumption. Results are illustrative arithmetic, not expected returns. Every figure here belongs to one of five labeled categories — disclosed inputs, model assumptions, unmodeled mandatory fees, user-editable assumptions, and exclusions — defined in our methodology. This brand's Item 19 also discloses some cost or profit data — see the Item 19 section, which takes precedence over any assumption here.
| Line (annual) | Downside | Base | Upside |
|---|---|---|---|
| Revenue (AUV basis) | $646,613 | $971,221 | $1,116,904 |
| − Cost of goods / supplies assumption | $193,984 | $291,366 | $335,071 |
| − Payroll (excl. owner) assumption | $174,586 | $262,230 | $301,564 |
| − Occupancy assumption | $51,729 | $77,698 | $89,352 |
| − Other operating expenses assumption | $64,661 | $97,122 | $111,690 |
| − Royalty Fees disclosed 5% of revenue (standard rate; conditional/incentive tiers are not auto-activated — the standard rate is modeled) = $48,561 |
$32,331 | $48,561 | $55,845 |
| − Meineke Advertising Fund (MAF) Contributions disclosed 8% of revenue (standard rate; conditional/incentive tiers are not auto-activated — the standard rate is modeled) = $77,698 |
$51,729 | $77,698 | $89,352 |
| − M.Key Software Maintenance Fee disclosed $375/month × 12 = $4,500 |
$4,500 | $4,500 | $4,500 |
| − AutoNet TV Fee disclosed $30/month × 12 = $360 |
$360 | $360 | $360 |
| − Insurance disclosed $10,000 per year |
$10,000 | $10,000 | $10,000 |
| = Modeled operating result before the items below (EBITDA-style) | $62,734 | $101,687 | $119,168 |
| − Manager compensation assumption | $70,000 | $70,000 | $70,000 |
| = Modeled result after manager compensation | −$7,266 | $31,687 | $49,168 |
| − Illustrative debt service assumption | $80,799 | $80,799 | $80,799 |
| = Illustrative pre-tax cash flow — before taxes, capital expenditures and unmodeled fees | −$88,066 | −$49,113 | −$31,631 |
| Modeled operating margin | 9.7% | 10.5% | 10.7% |
This modeled result is not owner income. It excludes: income taxes; capital expenditures and equipment-replacement reserves; working-capital needs; ramp-up losses; owner-specific costs; one-time and per-event fees (transfer, renewal, audit); and 1 mandatory fee(s) whose amounts the FDD does not state (listed below — real outflows are higher by these amounts). It is illustrative arithmetic on stated assumptions, not a promise or forecast of what a franchisee earns.
Mandatory fees disclosed but not quantified — not included in the modeled result: the FDD requires these but states no amount (e.g. billed at "then-current" rates). They are never modeled as $0. If you have a quote or estimate, enter an annual amount to include it as your own assumption:
- Upgrade of Center (Item 6, p. 40) — Recurring but infrequent — amortise up to $20,000 over 5 years (about $4,000 a year) as a capital reserve rather than a weekly or monthly fee. The uncapped renewal remodel must be modelled separately.
Every figure in this table is a model estimate built on the disclosed fee schedule plus labeled assumptions. Excluded: income taxes, owner draw, working-capital swings, capital expenditures, ramp-up losses in year one, one-time and per-event fees (transfer, renewal, audit), and the undisclosed-amount fees listed above. Read AUV vs. EBITDA vs. owner income before using this.
Sources and provenance
Primary source: 2025 Franchise Disclosure Document — Meineke Franchisor SPV LLC · issued 2025-06-20 · amended 2025-12-29. Find the FDD at Minnesota Department of Commerce — CARDS Franchise Registrations. We cite source pages and do not redistribute PDFs.
View all sources, provenance and verification notes
| Document | Obtained from | Dates | Status |
|---|---|---|---|
| 2025 Franchise Disclosure Document — Meineke Franchisor SPV LLC Registry file 10930 · 479 pages Cover reads 'Issuance Date: June 20, 2025, as amended December 29, 2025'; running footer reads 'Meineke 12/2025 Amendment'. Filed with Minnesota and received 12/31/2025; this December 2025 amended FDD is the newest version available in the registries reviewed. | Minnesota Department of Commerce — CARDS Franchise Registrations | Issued 2025-06-20; amended 2025-12-29 Retrieved 2026-08-29 | Newest available at retrieval |
AI-assisted extraction from the archived FDD text, independently machine-verified against the cited source (two passes plus tie-break); not human-reviewed. Extracted 2026-08-29. Last updated 2026-09-03. AI-assisted extraction independently machine-verified against the cited source document (2026-08-30): two independent AI reading passes plus tie-break re-inspection of every disagreement; 72 of 77 material fields confirmed (41 with the exact page citation re-confirmed), 0 corrected, 0 unresolved, 5 confirmed not disclosed. No human has reviewed this profile. Fiscal year covered: FY2024 (ended Dec 28, 2024). See how we use AI and verify data.
Fields flagged as uncertain (7)
- franchisor.business_since
- franchisor.franchising_since
- fees.royalty.value
- fees.technology.value
- risk.litigation.count
- risk.litigation.franchisee_initiated_count
- risk.litigation.franchisor_initiated_count
Extraction notes (11)
- Registry observation: this document was obtained from the Minnesota CARDS registry (December 2025 amended FDD, received 12/31/2025). The brand's Wisconsin registration expired during 2025, so Minnesota is the source used here; that is a registration-status observation only and says nothing about the franchise itself.
- Item 1 does not state a year in which Meineke began operating or franchising. business_since is recorded as 1972 because Item 1 says predecessor Meineke Car Care Centers was originally incorporated in Texas in 1972, and Item 7 Note 9 refers to over 50 years of franchising Meineke Centers; franchising_since is left null because no franchising start year is disclosed.
- fees.royalty is recorded as a 3% to 7% range because Item 6 sets rates by service category (3% tires, inspections and towing; 4% batteries; 5% all other Authorized Products and Services; 5.5% engine and transmission work; 7% exhaust; 8% unreported). Item 19 Part C states the franchisor used 5% as the blended overall rate. A weekly minimum of $400 ($20,800 a year) applies regardless of sales.
- fees.technology is recorded as the $375 monthly M.Key basic maintenance fee with the $750 Monthly Technology Cap from Item 6 Note 6 as the high end; optional modules, the $100 monthly technology administrative penalty fee and the AutoNet TV subscription are listed separately under other_recurring.
- investment.franchise_fee_low and _high are both $45,000, the standard fee for a first single Center paid at signing. Discounts ($22,500 second Center, $20,000 third and later or conversion, 25% for Driven Brands affiliates) and the Item 5 statement that FY2024 signings paid $0 to $45,000 are in the note, not the low end. The $4,995 M.Key licence fee, $200 to $1,200 AutoNet TV set-up fee and $20,000 initial advertising contribution are separate initial payments due later.
- The FDD contains two sets of Item 20 tables. The Meineke Centers tables are used throughout; the Co-branded Meineke/Econo Lube Centers tables (25 franchised at the start of 2022 falling to 17 at the end of 2024) are summarised in item20.notes and units.note. Item 1 states new co-branded franchises are no longer offered except on renewals and transfers.
- All Item 20 tables foot: 2022 (706+23-20-4=705), 2023 (705+28-28-3=702) and 2024 (702+36-8-8-6=716), and Table 1 and Table 3 agree in every year.
- Item 19 and Item 20 report the fiscal year ended December 28, 2024, while the document itself was issued June 20, 2025 and amended December 29, 2025; the amendment did not bring forward FY2025 outlet or performance data.
- risk.litigation.count of 18 is our count of separately described matters in Item 3, including two cases in one paragraph (Kalimon and Bushansky) and three settlements by unrelated Roark-affiliated brands. The initiated-by counts cover only matters brought by franchisees or a franchisee association (4) and by the franchisor or its affiliates (5); the rest are shareholder actions against the parent, one consumer case and the affiliate settlements.
- No minimum liquidity or net worth requirement appears anywhere in the cover pages or Items 1, 5, 7, 11 or 15, so both fields are null and not_disclosed rather than sourced from outside the document.
- The editorial summary's roughly $707,000 first-year figure is our own sum of the four Part B quarterly averages ($148,140 + $173,383 + $182,189 + $203,280 = $706,992); the FDD does not state a first-year total. item19.population_share_of_system (76.7%) is 549 of the 716 franchised Centers open at FY2024 year end.
We do not host or redistribute FDD PDFs. Search the registry linked above by franchisor name to obtain the document. Found an error? Report a correction with the field and the primary source.
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