AAMCO Transmissions and Total Car Care

At a Glance

Products & Services: Transmission repair and car care

Number of Locations: 698

Total Investment: $240.3K - $346.7K

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
2014 667 10 0 21
2013 703 13 0 11
2012 779 15 0 31
2011 818 27 0 20
2010 837 15 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $240,325 - $346,700
Franchise Fee: $39,500
Ongoing Royalty Fee: 7.5%
Term of Franchise Agreement: 15 years, renewable
Veteran Incentives: $8,000 off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $80,000
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).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: 4 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),
America's Top Global: #95 (2013), #47 (2012), #53 (2011), #48 (2010),