Start-Up Costs

Invest in Your AAMCO Franchise Center with Confidence

The total cost to open a new AAMCO Center can range from $234,800 to $353,200. This figure includes a $39,500 franchise fee. It also covers the common factors of an auto franchise cost such as equipment, training, and leasing a property. We have several different finance partners that offer financing based on different needs.

How Much Do I Need to Start?

Opening an AAMCO franchise is a major investment. As a candidate, you should have a minimum of $90,000 in liquid capital and a net worth of at least $350,000 to get started.

Type of expenditure 2Amount 3Method of paymentWhen dueTo whom payment is to be made
Initial License Fee 3,4 (including credit of Initial Deposit received under Deposit Agreement)$39,500 InstallmentsUpon Signing Franchise AgreementAAMCO
Business Coach Training 3$10,000 Lump SumUpon Signing Franchise AgreementAAMCO
Grand Opening Advertising Expenses 3$3,000 Lump SumUpon Signing Franchise AgreementAAMCO
AAMCO Security Deposit 3$5,000 Lump SumUpon Signing Franchise AgreementAAMCO
Travel Expenses for Training Program 4$2,000 - $4,000 As incurredBefore openingThird Parties
Real Estate & Utility Deposits 5$14,000 - $43,000 As incurredBefore openingLandlord, Utility Companies, other Third Parties
Leasehold Improvements 6$9,700 - $13,700 As arrangedAs arrangedLandlord, other third parties
Signs 7 (included in Center Opening Package, See Item 5)$7,500 - $30,000 As agreedBefore openingAAMCO
Shop Equipment, Supplies, Lifts & Installation (included in Center Opening Package, See Item 5), plus freight & taxes 8$78,400 - $98,000 As agreedAs arrangedAAMCO and third parties (see Item 5)
POS System – Acquisition 9$2,500 Lump SumBefore openingAAMCO
POS System – 3 months Access/Support 9$500 InstallmentsMonthlyAAMCO or Supplier we designate (see Item 6)
Computers and Phone System – Hardware 10$6,500 - $10,000 As incurredAs arrangedSuppliers you choose (may include AAMCO)
Office Furniture 11$5,500 - $7,000 As incurredAs arrangedSuppliers you choose (may include AAMCO)
Sales Materials 11$500 - $1,000 Lump SumBefore openingAAMCO
Miscellaneous Costs & Professional Fees 12 (Legal and Accounting Advice, Personnel recruitment, etc.)$4,000 - $10,000 As incurredAs arrangedThird Parties
Insurance$1,500 - $2,500 As incurredBefore openingThird Parties
Advertising Costs 13 (13 weeks)$4,700 - $13,500 As agreedPeriodically (weekly or monthly) and as arrangedAAMCO, Ad Pool, regional monthly internet search program (or national program if applicable), and Yellow Page agency
Additional Funds 14$40,000 - $60,000 As incurredAs arrangedSuppliers and other Third Parties

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