AAMCO Franchise Ranked No. 5 Top Overall Opportunity by Franchise Rankings
Iconic American auto repair franchise begins the New Year with a carload of awards
Hot on the heels of Entrepreneur magazine naming AAMCO to its prestigious “Franchise 500” list of top franchise opportunities, the iconic auto repair franchise has has been recognized as one of Franchise Rankings’ Top Overall Franchises. In January 2016, the auto repair franchise was awarded the No. 5 overall franchise rank among the top 100 franchises, in addition to being named the No. 1 automotive franchise.
The Franchise Rankings list aims to identify the key strengths and competitive advantages of leading franchises across a variety of industries each month.
“We’re proud to receive this national recognition from Franchise Rankings,” says Brett Ponton, CEO and President of American Driveline and AAMCO Transmission Inc. “We have been making major investments in the brand around training and technology and are pleased to see this translate into the rankings we received.”
For more than 50 years, AAMCO’s locally owned and operated independent service centers have employed the latest technology. Expert technicians diagnose a repair, fix it right the first time and back it with a nationwide warranty. Known as the world’s leading transmission expert, the company has evolved into a Total Car Care brand providing a variety of services, including brake repairs, tune-ups, shocks and struts, routine maintenance and more.
Brian O’Donnell, Senior Vice President of Franchise Sales says, “We are excited to see our progress being recognized and proud to be ranked so highly, given the all the strong brands we competed against.”
What makes AAMCO a Top Franchise Opportunity?
With nearly 700 auto repair locations across the country, AAMCO is the rare, time-tested legacy brand that remains committed to innovation and trusted in the eyes of the American consumer. AAMCO continually invests in the franchisee experience and network infrastructure to ensure that its auto repair franchise owners know every aspect of their business and have the tools to maximize their profitability.
AAMCO’s commitment to its franchisees stems from the fact that several of the AAMCO corporate team were franchisees themselves. Before joining the iconic auto repair franchise, AAMCO CEO and President Brett Ponton was CEO of Heartland Automotive, the largest Jiffy Lube franchisee in North America, operating nearly 575 units.
“We create value for franchisees primarily by doing two things: 1) Helping them improve bottom-line results, and 2) Helping them create long-term enterprise value in their businesses and the investment our franchisees made in our brand,” Brett says. “We wrap ourselves around the franchisees. We’re talking about operational support, marketing support, administrative support, recruitment help — because our mission in life is pretty clear. We need to support the people on the front lines of our business — the auto repair franchise owners who are operating the business every day, who have the pleasure and the fortune of serving the millions of consumers AAMCO has the pleasure to take care of year in and year out.”
Bring the iconic auto repair franchise to your community
With nearly 700 centers across North America, AAMCO is actively seeking single- and multi-unit operators who are passionate about the brand and committed to providing the highest-quality service. Interested candidates should have a minimum net worth of $250,000 and liquid assets of at least $65,000 per unit. Depending on the real estate site selected, franchisees can expect the total investment to be approximately $227,400-$333,000 with a $39,500 initial franchise fee. Reduced franchise fees are available for honorably discharged veterans.
“Our principal job as a franchisor is to provide a business model that is financially viable and successful for franchisees,” Brett says. “For the AAMCO brand to remain successful going forward, we need engaged owner-operators who are excited and passionate about this business. It is extremely important in the Total Car Care marketplace, which is our space, to have very customer-focused owner operators who love to build teams and are passionate about our great national brand. Our auto repair franchise owners find success in making our national brand feel very local as they serve the communities around their stores.”