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 ExpenditureAmountMethod of PaymentWhen DueTo whom Payment is to be Made
Initial Franchise Fee$39,500Lump SumAt Signing of Franchise AgreementUs
Lease Review Fee$0 - $1,250Lump SumAt Signing of Franchise AgreementUs
Rent/ Security Deposit (for 3 months) 2$12,000 - $30,000As IncurredPrior to OpeningLandlord(s)
Travel and Living Expenses (2 Persons) while training, not including salaries, if any, for you and your employees$2,500 - $5,000As IncurredDuring trainingAirlines, Hotels, Restaurants, Etc.
Real Estate$14,000 - $43,000As IncurredPrior to OpeningLandlord, Utility Co., etc.
Architectural Fees 3$5,000 - $10,000As IncurredPrior to OpeningDesignated at Approved Architect
Leasehold Improvements$9,700 - $13,700
4
As IncurredPrior to OpeningContractors and approved vendors 3, 4
Restaurant Equipment, Furniture, Small Wares, Interior Signage, and Menu Panels$40,000 - $100,000Lump SumPrior to OpeningApproved Vendors and Suppliers
Exterior Signage9,000 - $30,000As IncurredPrior to OpeningApproved Sign Company
Computer Hardware, Software (POS System)$2,700 - $12,000Lump SumPrior to OpeningApproved Suppliers
PCI Compliance Costs$150 - $1,300 per yearAs billed by third party vendorAs billed by third party vendorApproved Vendor
Opening Inventory (Food and Paper) 6$2,500 - $7,000As IncurredPrior to OpeningApproved Supplieres
Business Insurance 7$1,000 - $5,000Lump SumPrior to OpeningInsurance Company/ Agent
Miscellaneous Opening Costs 8$4,750 - $17,500As IncurredAs IncurredApproved Suppliers, Utilities, Etc.
Grand Opening$5,000 - $10,000Lump SumPrior to OpeningSuppliers 9
Depository Account 10$3,000Lump Sum; Must be replenished on a regular basisAt signing of Franchise AgreementYour bank (We have the right to withdraw from this account)
Additional Funds - 3 month initial period$40,000 - $60,000 11As IncurredAs IncurredUs, Employees, Various Third Parties
TOTAL 10$234,800 - $353,200(Does not include real estate costs and/ or rent for the business location except for the initial security deposit.)

Request Franchise Information

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