There are more cars on the road now than ever before. Nearly 300 million, with roughly a quarter of them at least 16 years old. That translates into a high demand for vehicle maintenance and repair as Americans hang on to cars longer and need to keep them in good working order. If you are considering investing in an automotive repair shop franchise, they are among the strongest franchise opportunities available.
Total Car Care = More Revenue Opportunities
How do you know if this is a good investment? Consider a few key points. First, auto repair franchises are in business to help people maintain the good performance of their vehicles, from simple up-keep like oil changes and tire rotations to more complex tasks like complete transmission repair. With more older cars on the roads, there will always be demand for repair services.
Secondly, auto repair businesses proved to be recession-resistant during the height of the COVID-19 pandemic. Auto repair businesses remained open as an essential service when the rest of the world was shutting down. When an industry performs well during a time of crisis, they are sure to do well during a healthy economy.
Another byproduct of the pandemic, although short-term, is a microchip shortage that has slowed new car production and enhanced sales of used cars. Previously owned vehicles typically require more maintenance outside dealership service centers. Plus, as drivers keep their cars longer to avoid the buying process, their manufacturer warranties are likely expired and dealership service centers lose their value, driving customers right into a bay at an auto repair shop franchise.
Find the Most Profitable Auto Repair Shop Franchise
Auto repair is a $115 billion industry here in the U.S. The auto repair shops that are most profitable are those providing full service. So, how do you get customers to steer on over to your auto repair shop franchise? Customers are looking for one-stop shops for convenience. Instead of taking the car to a tire store, then to an oil change location and brake specialist, it’s much easier to get it all done at one place. An auto repair business that offers total car care like AAMCO is a great investment, especially for entrepreneurs seeking a proven business model and brand recognition.
Why AAMCO Is an Industry Leader
AAMCO has been around for more than 50 years and has built a solid reputation in the aftermarket repair business. Once known as the transmission repair specialist, we realized we needed to adapt with the auto industry. Now, we help our customers with diagnostics, alignment, brakes, AC repair, tune-ups, radiators, exhausts, shocks and struts, oil changes and transmissions.
Cars are complicated machines, with as many as 56 computers on board to run the car properly. We provide state-of-the-art training for our technicians to serve customer needs. We are equipped with the expertise to fix the most complex parts of the vehicle.
We provide unmatched training for our franchisees. To own an AAMCO franchise today, you don’t need a background in automotive repair. We want to partner with good businesspeople who are passionate and committed to taking care of customers. You’ll spend time at AAMCO University once you become a franchisee. You’ll learn about customer care, key performance indicators for your business, growth strategies, quality control, building and leveraging community contacts, and leadership.
At the center of it all is technology. State-of-the-art training and programming help AAMCO franchise owners run sustainable, scalable, and profitable businesses. Not to mention the highest level of advanced diagnostic technology used to provide the most up-to-date car repair in the industry.
Explore an AAMCO Franchise
The total investment to open a new AAMCO auto franchise can range from $223,600 to $330,500. This figure includes a $39,500 franchise fee as well as the costs for equipment, training and leasing a property. Franchise candidates should have a minimum of $60,000 in liquid capital and a net worth of at least $250,000 to get started. We offer financing options to potential franchisees as well.
If you are looking to be a part of a strong franchise with great profit potential, request more information about joining the AAMCO team.
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