Invest in Your AAMCO Franchise Center with Confidence
The total cost to open a new AAMCO Center can range from $223,600 to $330,500. 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 $65,000 in liquid capital and a net worth of at least $250,000 to get started.
| TYPE OF EXPENDITURE | AMOUNT |
|---|---|
| Initial License Fee (including credit of application fee received under Deposit Agreement) | $39,500 |
| Business Coach Training | $10,000 |
| AAMCO Security Deposit | $5,000 |
| Grand Opening Advertising Expenses | $3,000 - $5,000 |
| Travel Expenses for Training Program | $2,000 - $4,000 |
| Real Estate @ Utility Deposits | $14,000 - $43,000 |
| Leasehold Improvements | $8,500 - $12,000 |
| Signs (included in Center Opening Package) | $7,500 - $19,000 |
| Shop Equipment, Supplies, Lifts & Installation (included in Center Opening Package) plus freight & Taxes | $78,400 - $98,000 |
| Point of Sale (POS) System -3month Access/Support | $2,500 $500 |
| Computers and Phone System - Hardware | $6,500 - $10,000 |
| Office Furniture | $5,500 - $7,000 |
| Sales Materials | $500 - $1,000 |
| Miscellaneous Costs & Professional Fees (Legal and Accounting Advice, Personnel recruitment, etc) | $4,000 - $10,000 |
| Insurance | $1,500 - $2,500 |
| Advertising Costs (13 weeks) | $4,700 - $13,500 |
| Additional Funds | $30,000 - $50,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT | $223,600 - $330,500 |
