
Maaco Franchising Inc.
Auto painting and collision repair- Units as of 2020
-
455 (41 lost in 3 years)9%
- 2021 Franchise 500 Rank
-
#500 Ranked #357 last year
- Initial investment
-
$297K - $588K
Company Overview
About Maaco Franchising Inc.
- Industry
- Automotive
- Related Categories
- Automotive Appearance Services
- Founded
- 1972
- Parent Company
- Driven Brands
- Leadership
- Jonathan Fitzpatrick, CEO
Franchising Overview
- Franchising Since
- 1972 (49 years)
- # of employees at HQ
- 33
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees in the following international regions: Canada
- # of Units
- 455 (as of 2020)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Maaco Franchising Inc. franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $40,000
- Initial Investment
- $297,313 - $587,860
- Net Worth Requirement
- $300,000
- Cash Requirement
- $140,000
- Veteran Incentives
- Royalty fee reduced for first two years
- Royalty Fee
- 9%
- Ad Royalty Fee
- $1K/wk.
- Term of Agreement
- 15 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Maaco Franchising Inc. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 120 hours
- Additional Training
- Continual support
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 7
- Are exclusive territories available?
- No
Franchise 500 Ranking History
Compare where Maaco Franchising Inc. landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Maaco Franchising Inc. ranked on other franchise lists? Find out below.
Franchise 500 Ranking
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