Maaco Franchising Inc.
#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

Guidant Financal 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

8%

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


50% off royalty fee for first six months

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: 3 weeks

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

Related Articles

Why You Should Buy a Franchise Instead of Starting Your Own

Why You Should Buy a Franchise Instead of Starting Your Own

Hoping to be your own boss? One franchise expert outlines the plus side of buying a franchise
Rick Grossmann
The 10 Hottest Franchise Business Categories

The 10 Hottest Franchise Business Categories

Each of these companies has an unquenched capacity for growth.
Tracy Stapp Herold
To Franchise or Not to Franchise: How to Decide.

To Franchise or Not to Franchise: How to Decide.

Franchising can be a great model, but it's not the only option.
This Holiday Chore Helped A Window-Washing Business Grow

This Holiday Chore Helped A Window-Washing Business Grow

They turned a chore into a business.
172 New Franchise Companies Hoping to be the Next Big Thing

172 New Franchise Companies Hoping to be the Next Big Thing

Fresh opportunities that have emerged in just the past three years.
Tracy Stapp Herold

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: November 14th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012