AAMCO Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
For people looking to enter the auto repair business, opening an AAMCO Transmissions and Total Car Care shop is a viable option. Not only do they have a training program in place, but they also have a winning system so you won’t have to start from scratch. If you’re curious about pursuing this venture, you need to know the AAMCO franchise cost. Alongside that, you also have to be informed about the amount of time and effort you need to invest in the business.
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AAMCO Franchise Wiki
Let’s get to know the firm a bit more before we discuss AAMCO franchise cost. The company prides itself in being one of the “most forward-looking brands in the $67 billion auto repair industry.” AAMCO is a leader in transmission repair and is capable of offering complex car repairs.
The business began in 1963 and started offering the brand for franchise the same year. Today, they have around 580 units at present, all guided by their head office in Horsham, PA. Icahn Automotive Group, one of the largest players in its industry, owns AAMCO.
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AAMCO strives to offer its “top-rated, time-tested” business model to franchise owners who aim for great profit. The firm does so while investing not only in its present-day tech but also in its future plans to improve the business further.
AAMCO Franchise Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
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AAMCO Franchise Cost
| Name of Fee | Low | High |
|---|---|---|
| Initial License Fee (including credit of application fee received under Deposit Agreement) | $39,500 | $39,500 |
| Business Coach Training | $10,000 | $10,000 |
| Grand Opening Advertising Expenses | $3,000 | $3,000 |
| AAMCO Security Deposit | $5,000 | $5,000 |
| Travel Expenses for Training | $2,000 | $4,000 |
| Real Estate & Utility Deposit | $14,000 | $43,000 |
| Leasehold Improvements | $8,500 | $12,000 |
| Signs (including in Center Opening Package) | $7,500 | $19,000 |
| Shop Equipment, Supplies, Lifts & Installation (included in Center Opening Package), plus freight & taxes | $78,400 | $98,000 |
| POS System – Acquisition | $2,500 | $2,500 |
| POS System – 3 months Access/Support | $500 | $500 |
| Computer & Phone System – Hardware | $6,500 | $10,000 |
| Office Furniture | $5,500 | $7,000 |
| Sales Materials | $500 | $1,000 |
| Miscellaneous Costs & Professional Fees (Legal and Accounting Advice, Personnel Recruitment, etc.) | $4,000 | $10,000 |
| Insurance | $1,500 | $2,500 |
| Advertising Costs – 3 Months | $4,700 | $13,500 |
| Additional Funds – 3 Months | $30,000 | $50,000 |
| ESTIMATED TOTAL | $223,600 | $330,500 |
AAMCO Franchise Training Overview
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Aside from AAMCO franchise cost, you should also be prepared to invest time and effort in business training. The head office requires franchise owners to attend the “Operator’s Training School” at AAMCO University. Owners must complete this four-week required course focused on management methods and skills before they open the shop. However, it’s crucial to note that this training doesn’t include mechanical skills.
If you’re new to the AAMCO system, the head office will hold an intensive five-week Business Coach training program in your center for you and your staff. This course includes various training strands, including policies and procedures, computer training and set-up, hiring, center marketing, customer relations, and other facets.
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Though franchise owners will need to hire their workers, the head office can help them get technicians and a customer service manager. In the same vein, the head office may also require a center’s workers to attend further courses to comply with franchise standards.
AAMCO Franchise Obligations and Restrictions
The head office encourages franchise owners to be hands-on in their AAMCO center. Also, the head office advises franchise owners to hire workers who prove themselves to be honest.
The customer service manager hired for the AAMCO center should complete the training required to do the job. Besides, they may also need to undergo retraining and other extra courses. This person will be required to sign a confidentiality contract that protects the brand’s trade secrets and other crucial info.
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Besides duties to uphold the brand’s service standards, all centers must also sell only goods approved by the head office. They also can’t operate any other ventures at the AAMCO center. The initial franchise term is 15 years. The contract will renew for 15 more years if the center meets the head office’s standards. If the franchise owner doesn’t want to push through with the business, they must send a notice of intention not to renew at least a year before the contract ends.
AAMCO Franchise Requirements
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
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AAMCO Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply For AAMCO Franchise
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To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
AAMCO Franchise Contact details
Website
FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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