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 2 | Amount 3 | Method of payment | When due | To whom payment is to be made | |
| Initial License Fee 3,4 (including credit of Initial Deposit received under Deposit Agreement) | $39,500 | Installments | Upon Signing Franchise Agreement | AAMCO | |
| Business Coach Training 3 | $10,000 | Lump Sum | Upon Signing Franchise Agreement | AAMCO | |
| Grand Opening Advertising Expenses 3 | $3,000 | Lump Sum | Upon Signing Franchise Agreement | AAMCO | |
| AAMCO Security Deposit 3 | $5,000 | Lump Sum | Upon Signing Franchise Agreement | AAMCO | |
| Travel Expenses for Training Program 4 | $2,000 - $4,000 | As incurred | Before opening | Third Parties | |
| Real Estate & Utility Deposits 5 | $14,000 - $43,000 | As incurred | Before opening | Landlord, Utility Companies, other Third Parties | |
| Leasehold Improvements 6 | $9,700 - $13,700 | As arranged | As arranged | Landlord, other third parties | |
| Signs 7 (included in Center Opening Package, See Item 5) | $7,500 - $30,000 | As agreed | Before opening | AAMCO | |
| Shop Equipment, Supplies, Lifts & Installation (included in Center Opening Package, See Item 5), plus freight & taxes 8 | $78,400 - $98,000 | As agreed | As arranged | AAMCO and third parties (see Item 5) | |
| POS System – Acquisition 9 | $2,500 | Lump Sum | Before opening | AAMCO | |
| POS System – 3 months Access/Support 9 | $500 | Installments | Monthly | AAMCO or Supplier we designate (see Item 6) | |
| Computers and Phone System – Hardware 10 | $6,500 - $10,000 | As incurred | As arranged | Suppliers you choose (may include AAMCO) | |
| Office Furniture 11 | $5,500 - $7,000 | As incurred | As arranged | Suppliers you choose (may include AAMCO) | |
| Sales Materials 11 | $500 - $1,000 | Lump Sum | Before opening | AAMCO | |
| Miscellaneous Costs & Professional Fees 12 (Legal and Accounting Advice, Personnel recruitment, etc.) | $4,000 - $10,000 | As incurred | As arranged | Third Parties | |
| Insurance | $1,500 - $2,500 | As incurred | Before opening | Third Parties | |
| Advertising Costs 13 (13 weeks) | $4,700 - $13,500 | As agreed | Periodically (weekly or monthly) and as arranged | AAMCO, Ad Pool, regional monthly internet search program (or national program if applicable), and Yellow Page agency | |
| Additional Funds 14 | $40,000 - $60,000 | As incurred | As arranged | Suppliers and other Third Parties | |
| TOTAL ESTIMATED INITIAL INVESTMENT 14, 15 | $234,800 - $353,200 |
