AAMCO Transmissions Franchise
AAMCO Transmission Inc. Is a franchise for a business dealing with everything transmissions plus total car care. Robert Morgan the first AAMCO in 1963.
AAMCO has been a leader in the industry for more than 40 years. In just the past 3 years, they have expanded their business into a $200 billion aftermarket for automotives. They currently have almost 900 locations in the country which places them to becoming a leader in this industry. The industry has been growing 4% annually and as more car dealers closing, the aftermarket increases which means more customers for you.
What services do AAMCO offer?
They have AAMCO Rebuilt Transmission, Power Purge and maintenance services, Transmission Services, TranScan and diagnostic Services, and they would even help you decide whether you need the service or not. Let’s move to Total Car Care. They have AAMCO Protect Check, Factory Recommended Maintenance, Auto Air Conditioning System, Exhaust, and brakes, just to name a few.
You may ask yourself, ”Why AAMCO?” . They have been on the top position in the industry for the past 9 years and running, as per Entrepreneur magazine. They have been in the franchise business since 1963 which gives them a lot of experience, 90% recognition from consumers, and assures you that it’s not just a “fad”. This is a recession resistant business, a specialized business, and you will have an opportunity to own real estate. They don’t require for you to have automotive experience and work hour are 5 and a half days in a week which gives you a work and life balance.
Costs and Requirements Associated with Running an AAMCO Transmissions Franchise
You need to have a net worth of at least $250,000 and a total liquid asset of at least $70,000. You will need to have about 5 employees to run one location and they don’t allow absentee ownership. You can expect to invest around $226,000-$300,000. Franchise fee is $17,500-$40,000 with an on-going royalty fee of 7.5%. This is for a renewable 15 year term agreement.
What’s included in the franchise package?
They have financial support through 401K/IRA Rollover Assistance, Conventional Loan assistance, and SBA loan assistance. For realty support, you will have an AAMCO real-estate specialist on-site in your location, included is the facility and layout design and lease or purchase negotiation assistance. For training, there will be 3 week classroom training and 5 week onsite training. They would also help you recruit your technical employees and a sales manager. For on-going support, they have regionally based field operations manager who will give you an onsite business assessment and continuous review, employee coaching and training, and on-going recruiting assistance. There would also be technical support: webinar based trainings, toll free technical hotline, in field coaching and training, and you will be given access to their extensive library of video instructions. For marketing support, there will be locally and nationally based marketing supports and nationally produced internet marketing programs.
You May Reach Them At:
Address: 201 Gibraltar Rd. Horsham, Pennsylvania 19044
Phone Number: (800)292-8500/ (610)668-2900