Franchise Rankings, the leading independent franchise review and ranking online portal, has named AAMCO Transmissions and Total Car Care the January 2016 "Best Automotive Franchise." The automotive leader earned this accolade thanks to its strong upward trend, continued growth and expansion, and the level of positive feedback the franchise business has received.
AAMCO Transmissions and Total Car Care Franchise Opportunity: A Brand on Fire
AAMCO is a recognized brand in the automotive segment, having been part of the industry for five decades. While transmissions have always been a cornerstone of the AAMCO franchise business, accounting for 70 percent of annual revenue, the automotive giant has created a secondary source of income for its franchisees: Total Car Care. This program allows franchisees to tap into other services, such as tune-ups, brakes and oil/filter changes, for another revenue stream.
AAMCO is currently seeking franchisees in all major markets. To qualify, you must have a net worth of at least $250,000 with a minimum of $65,000 liquid. The initial fee is $39,500, with the average total investment ranging from $227,400 to $333,000.
Although the automotive industry generates an average of $62 billion annually, no individual brand takes more than 10 percent of the market share, so there is certainly room for extensive growth in this market. With an established brand that is evolving to generate more revenue for franchisees and attract more customers, there is nowhere to go but up with the AAMCO Transmissions and Total Car Care franchise opportunity.