Once again, auto repair franchise AAMCO has made the "Franchise 500" list in Entrepreneur magazine, which is a collection of the best franchise opportunities available today as rated by the publication.
AAMCO CEO Brett Ponton spoke at length about the company's inclusion in this best franchise opportunities list. According to Ponton, AAMCO needs owner-operators who are passionate and excited about the brand to succeed. In the "Total Car Care" marketplace, which is the AAMCO space, it's vital to have customer-focused operators who are dedicated to the AAMCO brand and want to build teams. Ponton also noted that AAMCO franchisees find their success in making this national brand feel local as they serve their surrounding communities.
A Closer Look At AAMCO
An established company with close to 700 locations across the US, AAMCO is a legacy brand that is committed to innovation and highly recognized by the American consumer. One area AAMCO has remained dedicated to is the improvement of both its network infrastructure and the franchise experience. Several AAMCO corporate team members were once franchisees themselves, with Ponton formerly being the CEO at Heartland Automotive, the franchisee who had the largest number of units of another major auto brand in North America.
According to Ponton, AAMCO creates value for franchisees by focusing on helping them do two different things: boosting their bottom lines and creating long-term value in their investments and businesses. AAMCO offers franchisees everything from marketing support to help with recruitment to ensure the front lines of the brand are secure.
The AAMCO brand, Ponton says, is positioned to win the automotive aftermarket and is well-known for its transmission services, which are a high-value item. While AAMCO will continue to maintain its top position as transmission service, the company is also working on building customer relationships by offering services in other auto areas, which will translate into more business value for its franchisees.
The AAMCO Franchise Opportunity
The AAMCO franchise business is nationally known, with the brand operating for more than 50 years in the United States. With the average customer spending $54,036 on repairs over their car-owning time as reported by research centers such as Consumer Reports, this is a potential opportunity for growth in a solid market.
Qualified AAMCO franchisees will have a net worth of no less than $250,000, with at least $65,000 in liquid capital available. The franchise fee is $39,500, with the total investment ranging from $227,400 to $333,000.