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 | Amount | Method of Payment | When Due | To whom Payment is to be Made |
| Initial Franchise Fee | $39,500 | Lump Sum | At Signing of Franchise Agreement | Us |
| Lease Review Fee | $0 - $1,250 | Lump Sum | At Signing of Franchise Agreement | Us |
| Rent/ Security Deposit (for 3 months) 2 | $12,000 - $30,000 | As Incurred | Prior to Opening | Landlord(s) |
| Travel and Living Expenses (2 Persons) while training, not including salaries, if any, for you and your employees | $2,500 - $5,000 | As Incurred | During training | Airlines, Hotels, Restaurants, Etc. |
| Real Estate | $14,000 - $43,000 | As Incurred | Prior to Opening | Landlord, Utility Co., etc. |
| Architectural Fees 3 | $5,000 - $10,000 | As Incurred | Prior to Opening | Designated at Approved Architect |
| Leasehold Improvements | $9,700 - $13,700 4 | As Incurred | Prior to Opening | Contractors and approved vendors 3, 4 |
| Restaurant Equipment, Furniture, Small Wares, Interior Signage, and Menu Panels | $40,000 - $100,000 | Lump Sum | Prior to Opening | Approved Vendors and Suppliers |
| Exterior Signage | 9,000 - $30,000 | As Incurred | Prior to Opening | Approved Sign Company |
| Computer Hardware, Software (POS System) | $2,700 - $12,000 | Lump Sum | Prior to Opening | Approved Suppliers |
| PCI Compliance Costs | $150 - $1,300 per year | As billed by third party vendor | As billed by third party vendor | Approved Vendor |
| Opening Inventory (Food and Paper) 6 | $2,500 - $7,000 | As Incurred | Prior to Opening | Approved Supplieres |
| Business Insurance 7 | $1,000 - $5,000 | Lump Sum | Prior to Opening | Insurance Company/ Agent |
| Miscellaneous Opening Costs 8 | $4,750 - $17,500 | As Incurred | As Incurred | Approved Suppliers, Utilities, Etc. |
| Grand Opening | $5,000 - $10,000 | Lump Sum | Prior to Opening | Suppliers 9 |
| Depository Account 10 | $3,000 | Lump Sum; Must be replenished on a regular basis | At signing of Franchise Agreement | Your bank (We have the right to withdraw from this account) |
| Additional Funds - 3 month initial period | $40,000 - $60,000 11 | As Incurred | As Incurred | Us, 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.) | ||
