Opportunity to Own a Transmission Repair Franchise
AAMCO is the world’s largest transmission repair franchise because of several key factors. The franchise has a history dating back to 1963, that’s over 60 years of experience in transmission repair. AAMCO has consistently embraced innovation and technological advancements, ensuring it stays at the forefront of the automotive industry.
Transmission Repair Industry (United States)
In the US, there are only 3,800 transmission repair shops, which is much less than the 84,000 general automotive repair shops. This discrepancy suggests a lower level of competition within the transmission repair sector.
Moreover, it’s noteworthy that many transmission shops diversify their services by offering general repair services. The combination of these services creates a strong and comprehensive sector, producing a total income of $58 billion.
Advantages of a Transmission Repair Franchise
Investing in a transmission repair franchise presents a unique set of advantages that extend beyond mere profit margins. These franchises offer specialized expertise in the transmission, that sets them apart in a crowded automotive service market. Transmission repairs require specialized skills, providing franchisees an opportunity to establish themselves as experts.
Higher Average Repair Orders, Lower Volume
Repairing a transmission can range from $2,500 to $5,000, encompassing both labor and parts. Meanwhile, a rapid oil change at a lube shop typically ranges from $20 to $100. To generate the same income as a single transmission repair, you would have to perform 25-50 oil changes.
Because the repair orders at transmission shops are so high, they tend to see less volume of vehicles. Repairing four transmissions a week could bring up to $20,000 not to mention all the general repairs performed in the week.
Trust and Loyalty
If a transmission shop does a good job fixing a customers vehicle, they will rely on them for future small repairs. This is because the transmission shop has the expertise and provides quality service. Their ability to handle difficult transmission problems shows their dedication to quality. Customers can trust that even with minor repairs, they will receive the same high level of trust and accuracy.
Vehicle Trends
Auto repair business is booming in the US, especially for fixing transmissions. Currently there are 283.9 million vehicles registered with the average age being 12.5 years old. Americans are keeping their cars longer, so they have to repair and maintain them more often. Additionally the car sales prices have risen drastically. The costs of purchasing a 10 year old car is $11,819 and a new vehicle is $48,008.
If an American’s transmission breaks, they’ll usually choose to fix it. This is because the cost of a $2,500 – $5,000 transmission repair is much cheaper than purchasing a used car for $11,819. Also, if they bought the used car, there is a worry that the transmission might stop working after the warranty ends.
AAMCO Franchise Opportunity
AAMCO is a well-known automotive franchise specializing in car repair, especially transmissions. People trust them for their expertise in complex car repairs. AAMCO’s successful business model, along with training and support, gives franchisees a profitable and lasting chance for success.
The widespread national presence of AAMCO franchises underscores the brand’s scale and universal appeal. AAMCO is the top leader in transmission repair franchises. They prioritize customer trust, strategic marketing, and strong support for franchisees.
To learn more about starting a successful transmission repair franchise, request a free franchise information report.
