Why I Became an AAMCO Franchise Owner
Marc McGregor, a decorated combat veteran, puts the skill set he learned in the service to use as a transmission franchise owner in Marietta, Georgia
In a recent profile of Marc McGregor, published on Franchising USA, a magazine for franchisees, Marc describes his journey from a decorated combat veteran to his new life as an AAMCO transmission franchise owner in his hometown of Marietta, Georgia.
Marc McGregor’s AAMCO transmission franchise is directly in front of Dobbins Air Reserve Base, where he served as a Marine. For Marc, the view from his shop window is a daily reminder of not only his own service to our country, but also of the service he is providing to the community as an AAMCO franchise owner.
The article describes Marc’s high-school interest in mechanical engineering and tells how he enlisted in the Marines to hone those skills. After serving in the Gulf War, Marc returned to Marietta, where he enlisted as a member of the Active Reserves at the Dobbins Air Reserve Base and found employment with the nation’s largest transmission parts distributor. Marc’s job found him making frequent trips to the AAMCO transmission franchise he now owns:
“What I didn’t know at the time was that one of the AAMCO locations I frequently visited would one day become my very own business,” Marc says in the article. “I was friendly with the owner, and when he offered me a job as his center manager, I had to accept. It was one of the top-rated AAMCO locations in the country and known for its exceptional growth and customer retention. When it came time for him to retire, he then presented me with the opportunity to purchase the company from him,” Marc says.
The article reports that while Marc has only been in business for a year and a half, he “has enjoyed being a business owner and all the facets that come with being part of a brand with a proven concept and an established name.”
“There’s no other franchise that gives as much support to its franchisees as AAMCO does. The company offers a training program with a curriculum that is second to none. In fact, AAMCO opened a new state-of-the-art training facility in Georgia this year. The transition was seamless, and I couldn’t be more satisfied with my experience thus far,” Marc says in the article.
AAMCO is an iconic American brand with a bright future
AAMCO’s locally owned and independent transmission franchise centers employ the latest technology, so that our expert technicians can diagnose a problem, make the right repair and back it with a nationwide warranty. Known as the world’s leading transmission expert, AAMCO 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, and was recently named to Entrepreneur’s 2015 Franchise 500. Ranking at the top of the transmission repair category based on system size, growth rate, and financial strength also earned AAMCO a spot on Entrepreneur’s “Best of the Best” list.
“It’s an exciting time at AAMCO. Our company’s core values have remained intact for more than 50 years,” says Brian O’Donnell, Senior Vice President of franchise sales at AAMCO. “Our growing network of franchisees is the driving force behind our success, and we look forward to working with veterans who have the entrepreneurial spirit to further enhance our culture at AAMCO and expand our national footprint.”
Costs and fees of owning an AAMCO transmission franchise
“Over the past 50 years, AAMCO has become indelibly woven into the patchwork of American car culture,” says Brett Ponton, President and CEO of AAMCO. “While we are proud of our iconic legacy as one of the first American franchise systems, we’re even more proud of our service men and women for defending our country. We believe that those who have honorably exited the service have the skill set necessary to run a successful transmission franchise. We don’t require our owners to have a background like Marc’s, in mechanical engineering, as our training platform is so robust. What we do require, and what Marc shares with all of us, is the drive and focus to follow our tested business model and be a dynamic force in the 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 $227,400-$333,000, with a $39,500 initial franchise fee. Reduced franchise fees are available for honorably discharged veterans.