Category: Uncategorized
Automotive Shop for Sale: 10 Questions to Ask Before You Buy
Getting a car fixed and operating is an essential service. The auto repair industry can be incredibly lucrative and profitable. That leads many entrepreneurs to search for an automotive shop for sale. Still, independent business ownership can be difficult, even in the best circumstances. That’s where franchising with AAMCO can help. In fact, in 2020, ...
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Why a Discount Tire Franchise Isn’t Your Best Investment Option
Investing in an auto repair franchise can be very lucrative these days. The numbers on the latest automotive trends show the auto repair industry is well-positioned for growth in 2022. The U.S. automotive service market was valued at $63 billion in 2020, and it is expected to reach $75 billion by 2026. There are an ...
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Car Franchises: A Guide to Choosing the Best Auto Business for You
The United States has the second largest passenger vehicle market in the world, with an estimated 290 million vehicles projected to be on the road, based on vehicle registration stats. We drive to work, school, the grocery store, errands, vacation—and we need a vehicle in good working order to enjoy these freedoms. Because of that, ...
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Is Owning an Auto Repair Shop Profitable? Six Keys to Success
The automotive industry, like most industries, has had an interesting two years. New cars are not coming off the assembly line as quickly as they once were due to supply chain issues and production slow-downs. This means the automotive repair industry is staying busy as more Americans are hanging on to their cars longer. Those ...
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Franchise Territory: Understanding Your Rights as an Owner
Territory is a very important word when it comes to business. It’s how you lay claim to the community you are working in, where your business is located, and where your customers are coming from. Franchise territory is equally important as it is the geographical area you receive as a franchisee where you are authorized ...
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Automotive Repair Franchise Opportunities: Their Edge in Retail
When deciding on a stable franchise investment with a healthy ROI and growth potential, there are many factors to consider. At the top of the list should be automotive repair franchise opportunities. In business, you want to give yourself the best chance at success, and the aftermarket car care industry checks all the boxes. Automotive ...
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Starting a Franchise Career: What to Know Before You Begin
The entrepreneurial spirit is alive and well in the United States. U.S. Census Bureau statistics show that nearly four and a half million new businesses started in the U.S. in 2020, an all-time high. 2021 showed continued growth in that area, and 2022 figures follow the same trend. Many of these entrepreneurs enjoyed the benefits ...
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Franchise Royalty Fees: An In-Depth Look
Getting into business, either starting from scratch or franchising, will be a significant investment to get underway. The appeal of franchising is that your investment is lower with a quicker ramp up and earlier profit potential. As a potential franchisee, it’s important to understand what all the fees are and how that will impact your ...
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Tuffy Franchise v. AAMCO: How They’re Alike & Different
Interested in entering the world of automotive repair franchising? The strength of the industry speaks for itself. Based on stats from IBIS World, Auto Maintenance & Repair Franchises are a $9.2 billion industry, here in the U.S. Thanks to the economic health of this industry it’s very appealing for entrepreneurs—making it very competitive. To help ...
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