AAMCO Transmissions Franchise Review
AAMCO Transmissions Franchise Review
AAMCO Transmissions Franchise ReviewAAMCO Transmissions is an American transmission-repair franchise founded in 1963, in Philadelphia by Robert Morgan and Anthony A. Martino. They began franchising almost immediately after opening the first outlet. AAMCO Transmissions is considered as the leader in transmission repair with 800 centers across United States, Puerto Rico and Canada. AAMCO offers complete car care service. Its centers are providing excellent services, expanding the customer base and enhancing the opportunities for profits and revenues.
AAMCO franchises have expertise both in complete car care and transmissions. It is an advantage that no technical or mechanical experience is required to own an AAMCO franchise.
Reasons to buy an AAMCO franchise:
Its franchise offers the lifestyle and financial freedom which comes from being your own boss. AAMCO has expanded its services in the past 3 years into the $200 billion general automotive repair aftermarket. It has been a leader in the transmission business for over 20 years. It has the most skilled technicians in the industry with franchise locations at almost 900, nationwide. AAMCO is well placed to become the market leader in tune-ups, brakes, air conditioning and several other aftermarket services.
Currently, industry growth is fastened at about 4 percent annually. The number of vehicles has increased to 194 vehicles per bay.
AAMCO is rated #1 Franchise in the Industry by Entrepreneur Magazine
Running top Position for more than 9 Yrs
For 28 yrs out of 30 yrs, it has been ranked #1 in the Industry
Franchising Since 1963
Name Recognition is over 90%
Annually, Millions of Dollars in Sales is Generated by Hundreds of National Fleet Customers
AAMCO Franchise Cost:
$42,000 Franchise fee gets franchisee three weeks training at corporate headquarters with ongoing Market Support consisting of Purchasing Co-operatives, Internet, Regional Advertising, National Media, Ad Slicks, a Newsletter, a Grand Opening, toll-free phone and several other things. Cost of entry is between $225K - $299K, which is not a bad price for getting proven AAMCO business system with specific sales, Marketing, production and Customer Satisfaction methods. It further includes Real Estate, Market Development, Operations, AAMCO University, Technical Support, Training, Fleet and complete access to Home office Customer Relations departments. Nothing is left out by this franchise.
AAMCO Transmissions Franchise Information:
Total Investment Range ($225K - $299K)
License Fee ($39,500)
Equipment and Signage ($99,000 - $121,000)
Working Capital ($30,000 - $50,000)
Leasehold Improvements ($8,500 $15,900)
Training ($10,000)
Grand Opening ($3,000 $5,000)
Miscellaneous ($35,000 $57,600)
For Qualified Buyers minimum Cash liquidity requirement is $65K
SBA Loan Assistance
Conventional Loan Assistance
401K/IRA Rollover Assistance
When looking to start any business it is important, particularly considering today's market, that you look for specific ways to cut minimize or reduce overhead and risk. Any business is going to have risk, but it is important to have a full understanding of the amount of investment , startup cost and "ROI" (Return on Investment).
Did you know that 80% of ALL franchise endeavors fail in the first two to five years leaving large debts looming for years thereafter?
You can cut your risk by taking advantage of the new age of entrepreneurship. Opportunities have emerged in the online market that are creating millionaires every single day. Learn more about the exciting opportunities tied to a business model that begins profitable by visiting: http://whatsbetterthanafranchise.com .
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