The AAMCO Franchise

Midas Franchise vs. AAMCO: What’s the Difference?

AAMCO franchise automotive technician showing customer the scanner results for auto repair work
2 min read
04/04/24

Midas, founded in 1956 by Nate H. Sherman in Macon, Georgia, originally focused on muffler replacement. The company gained widespread recognition with its “Midas Touch” tagline, symbolizing quality service and reliability. Midas expanded its services to include a wide range of automotive repairs and maintenance, becoming a one-stop shop for customers. With a successful franchise model introduced in the 1960s, Midas has grown into an international brand with thousands of locations worldwide, continuing to provide trusted automotive solutions for customers globally.

The #1 Transmission Repair Franchise
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Initial Investment

  • Midas franchise: $209,150- $884,890
  • AAMCO franchise: $234,600 – $353,200

Industry Focus

  • Midas franchise focuses on general automotive repair.
  • AAMCO franchise specializes in transmission repair and general automotive repair.

Franchise Fees

  • Midas franchise charges a 2-10% royalty fee depending on service
  • AAMCO franchise charges a 7.5% royalty fee

AAMCO Has A Larger Footprint

AAMCO has a leg up on the competition because of its status as a member of Icahn Automotive Group. Two other brands they own are Pep Boys and Precision Auto Tuning, which specialize in different areas of auto care and don’t directly compete with AAMCO. And what happens when Pep Boys and Precision Auto Tuning customers learn that they have more complex car repair work that needs to be done, such as a transmission replacement? They are referred to AAMCO. Icahn Automotive Group also possesses industry-leading buying power in addition to those referrals. That allows AAMCO franchise owners to continually keep inventory costs low for repairs with a high profit margin.

AAMCO Has Been Tested and Proven

There are a lot of reasons AAMCO has thrived for over 60 years. One reason is its commitment to innovation, proactively positioning itself to meet the demands of the future. It used to specialize in transmission repair and is now a total car care company, continuing its place at the top of transmission repair while offering expertise in all areas of complex car care.

Ultimately, the choice between AAMCO and Midas franchises depends on individual preferences, business goals, and market opportunities. Prospective franchisees should conduct thorough research, consider their strengths and interests, and evaluate each franchise’s offerings, support, and potential for success in their target market.

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The AAMCO Franchise

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By choosing text, you agree to receive texts/calls from AAMCO. Since texts are unencrypted, there is a risk that your message could be intercepted or viewed by third parties, and others who access your device. Consent is not a condition of purchasing any goods/services. Message frequency varies. Message and data rates may apply.

By choosing text, you agree to receive texts/calls from AAMCO. Since texts are unencrypted, there is a risk that your message could be intercepted or viewed by third parties, and others who access your device. Consent is not a condition of purchasing any goods/services. Message frequency varies. Message and data rates may apply.