Rank no.88 – AAMCO Transmissions and Total Car Care – US
Rank no.88 – AAMCO Transmissions and Total Car Care – US
Products & Services: Transmission repair & total car care
Number of Locations: 727
Total Investment: $232K – 299K
Founded: 1963
Began Franchising: 1963
About AAMCO Transmissions and Total Car Care
Robert Morgan opened the first AAMCO in Philadelphia in 1963 and quickly expanded into franchising in November of that year. There are now 700 AAMCO centers in the United States and Canada.
Franchise Units
YEAR | U.S. | CANADIAN | INTERNATIONAL | COMPANY OWNED |
2013 | 703 | 13 | 0 | 11 |
2012 | 779 | 15 | 0 | 31 |
2011 | 818 | 27 | 0 | 20 |
2010 | 837 | 15 | 0 | 0 |
2009 | 851 | 17 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $232,000 – $299,000
Franchise Fee: $39,500
Ongoing Royalty Fee: 7.5%
Term of Franchise Agreement: 15 years, renewable
Franchise Fee: $39,500
Ongoing Royalty Fee: 7.5%
Term of Franchise Agreement: 15 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $250,000
Liquid Cash Available: $65,000
OPERATIONS
25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
FINANCING TYPE | IN-HOUSE | THIRD PARTY |
Franchise Fee | ||
Startup Costs | ||
Equipment | ||
Inventory | ||
Accounts Receivable | ||
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How This Franchise Supports Franchisees
Training: 3 weeks including corporate headquarter training
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Ad slicks, National media, Regional advertising,
Other marketing support: Marketing guides & tools, sales assistance
Franchise Ranking History
Franchise 500®: #88 (2013), #51 (2012), #60 (2011), #55 (2010), #66 (2009),
America’s Top Global: #95 (2013), #47 (2012), #53 (2011), #48 (2010), #56 (2009),