According to the 2015 Joint Channel Forecast Model, total automotive aftermarket sales are expected to grow from $246.7 billion in 2014 to $284.3 billion in 2018, an increase of nearly $38 billion. Capitalizing on this upward trend, AAMCO franchise reports that it has experienced double-digit sales growth in Total Car Care services year over year. Over the past year alone, the total number of customers who visited an AAMCO service center for maintenance services rose to 60 percent. The company expects that number to continue to rise over the next several years.
AAMCO says the success of its franchises in the Total Car Care sector is due, in part, to its partnership with sister company Global Powertrain Systems, which maximizes franchisee profitability by giving owners the ability to control the cost, quality and speed of delivery on transmission repair work through its remanufactured transmission facility in Newnan, Georgia. The company launched its “Trust” campaign to expand the public’s perception of AAMCO’s automotive maintenance services beyond transmission repair.
“There has never been a better time to invest in an AAMCO franchise,” said Brett Ponton, president and CEO of AAMCO. “As a franchisor, our focus is to ensure that we have a profitable business model for our franchisees. In addition to experiencing double-digit increases in Total Car Care, our core category of transmission repair also continues to grow, making AAMCO an ideal investment opportunity for prospective franchise owners.”
Wayne Martella has owned three service centers in Mesa, Arizona, for the past eight years. Since joining AAMCO, Martella’s business has experienced exponential growth as a result of multiple revenue streams and reported record revenue increases.
Recognition for AAMCO includes being named to Entrepreneur’s Franchise 500. The system size, growth rate and financial strength also earned the brand the top spot in the transmission repair category on Entrepreneur’s “Best of the Best” list. In addition, AAMCO was ranked No. 154 on the Franchise Times’ 2015 Top 200+.
With nearly 700 centers across North America, AAMCO is actively seeking single- and multi-unit operators who are passionate about the brand and committed to providing the highest-quality service. Interested candidates should have a minimum net worth of $250,000 and liquid assets of at least $65,000 per unit. Depending on the real estate site selected, franchisees can expect the total investment to be $227,400 to $333,000, with a $39,500 initial franchise fee. Reduced franchise fees are available for honorably discharged veterans.
To learn more about franchise or conversion opportunities with AAMCO, contact Eric Simon, director of franchise development, at 888-977-1419 or [email protected] or visit aamcofranchises.com.
