Maaco Franchising Inc. Franchise Information

#106

Initial Investment

LOW: $375,052

HIGH: $487,052

Change in Units

+1.5% +7 UNITS (1 Year)

+5.1% +24 UNITS (3 Years)

Fund Your Franchise with Guidant

Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Company Profile

Founded

1972

Franchising Since

1972 (44 Years)

Corporate Address

440 S. Church St., #700 Charlotte, NC 28202

CEO

Jonathan Fitzpatrick

Parent Company

Driven Brands

About Maaco Franchising Inc.

Anthony A. Martino, who had previously co-founded AAMCO Transmissions, started Maaco in 1972, once again using his initials to name the company. In 2008, Maaco was bought by Driven Brands, which also manages Meineke, Econo Lube N' Tune, AutoQual and Aero Colours. Franchisees offer auto painting and collision repair services.

Financials

Financial Requirements

Initial Investment

$375,052 - $487,052

Net-worth Requirement

$300,000

Liquid Cash Requirement

$140,000

Ongoing Fees

Initial Franchise Fee

$40,000

Ongoing Royalty Fee

Ad Royalty Fee

$850+/wk.

Financing Options

Maaco Franchising Inc. has relationships with third-party sources which offer financing to cover the following:  franchise fee, startup costs, equipment, inventory

Veteran Incentives
  25% off franchise fee

Franchise 500® Rank History

Highest Rank: 84

Lowest Rank: 220

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 5 days

Training at headquarters: 5 days

Additional Training: Continual support

Ongoing Support

Purchasing Co-ops

Newsletter

Meetings

Toll-Free Line

Grand Opening

Internet

Security

Field Operations

Marketing Support

Co-op Advertising

Ad Slicks

Regional Media

National Media

Number of employees required to run: 7 - 8

Related Franchises

Don't Choose a Franchise Until You've Talked to People Who Already Own It

Some lessons you shouldn't learn the hard way, like how a company treats the owners of its franchises.

Tom Scarda, CFE

2016-09-21 19:00:00

This Latest Food Mashup May Have Gone Too Far

The world's a strange place. A place where self-driving cars came before a hotdog-hamburger food combo and Cheetos Chicken Fries.

Entrepreneur Staff

2016-09-21 16:07:00

Be Your Own Boss: Insights From 3 Successful Franchisees

Want to shake things up and set out on your own? Here, business owners share their personal insights, explaining why – and how – they took the plunge themselves.

Entrepreneur Partner Studio Staff

2016-09-19 12:30:00

20 Signs You Might Need a New Franchise Coach

Conduct your due diligence on selecting a franchise coach helping you and beware of any of these warning signs.

Rick Bisio

2016-09-16 20:00:00

Ways To Choose The Right Franchise To Expand Your Business

Franchises are appealing to business leaders who intend to rapidly take their businesses to the next level.

Alka Gupta

2016-09-16 05:59:00

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 8th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Initial Investment

Change in Units

Promoted Opportunities

Company Profile

Founded

Franchising Since

Corporate Address

CEO

Parent Company

About Maaco Franchising Inc.

Financials

Financial Requirements

Initial Investment

Net-worth Requirement

Liquid Cash Requirement

Ongoing Fees

Initial Franchise Fee

Ongoing Royalty Fee

Ad Royalty Fee

Financing Options

Franchise 500® Rank History

Units (Locations)

Operations & Franchisor Support

Related Franchises

SuperGlass Windshield Repair

Colors On Parade

Line-X LLC

Interior Magic Int'l.

Tint World

Ziebart

Related Articles

Disclaimer

Regions/States List

More Franchise Rankings

Franchise Categories

Previous Years Rankings