The AAMCO franchise niche market has always been transmission repair. Within their given territories franchisees often take much of the local repair work as most non specialist shops do not do transmission work themselves. This can result in considerable local referrals.
In addition to transmission work AAMCO franchises now offer the "Total Car Care program" providing even greater revenue for each location. General automotive repair generates $63 billion a year in sales. In 2016 almost 70% of AAMCO customers came in for for Total Car Care.
TRAINING: AAMCO franchising provides new employee recruiting assistance and a total of 8 Weeks comprehensive training for the owner which including 3 Weeks at AAMCO HQ and 5 Weeks in the store.
No previous automotive experience is required. Previous business or management experience is preferred. Over 500 New franchise Territories are currently available in the United States, Canada, Puerto Rico & Mexico. AAMCO is considered a lifestyle business with the location open 5.5 days of the week. There is flexibility for the owner once the business is operational on how much time is spent at the franchise.
COSTS AND FEES: Total investment requirement to purchase an AAMCO franchise ranges from $226,300 to $330,500 including the $39,500 franchise fee. To qualify for an AAMCO franchise you must have a minimum of $65,000 in liquid capital and a net worth of at least $250,000. Financing may be available including 401k rollovers see your broker for details.