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Maaco Franchising Inc.

Automotive painting & body repair

Background

Founded: 1972 Franchising since: 1972
381 Brooks Rd.
King of Prussia, Pennsylvania 19406
Phone:
(800)296-2226


Franchisor is a privately-held company with 167 employee(s); 11 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 437 30 0 6
2008 432 33 0 6
2007 425 35 0 0
2006 427 35 0 1
2005 438 36 0 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Costs and Fees

Total investment: $296.5K
Franchise fee: $40K
Ongoing royalty fee: 9-8%
Term of agreement: 15 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $250K-300K
Cash liquidity requirement: $75K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Number of employees needed to run franchised unit: 7 - 8
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 weeks
  • At franchisee's location: 4 weeks
  • Continual support

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

Rankings

Franchise 500® rank:
#127 (2009); #220 (2008); #205 (2007); #207 (2006); #140 (2005);

Ranked #1 in category in:
2009; 2005;

America's Top Global Franchises:
#99 (2009); #170 (2007); #173 (2006); #126 (2005);


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