Invest in your AAMCO franchise center with confidence
The total investment to open a new AAMCO auto franchise ranges from $223,600 to $330,500. This figure includes a $39,500 franchise fee, as well as the costs for equipment, training, leasing a property, and other items outlined in the chart below.
Franchise candidates should have a minimum of $60,000 in liquid capital and a net worth of at least $250,000 to get started. The decision to open an AAMCO franchise is a major investment, which is why we offer several financing options that make it possible for us to partner with the most passionate owners in the industry.
|Type of Expenditure||Amount|
|Initial License Fee (including credit of application fee received under Deposit Agreement)||$39,500|
|Business Coach Training||$10,000|
|AAMCO Security Deposit||$5,000|
|Grand Opening Advertising Expenses||$3,000|
|Travel Expenses for Training Program||$2,000 - $4,000|
|Real Estate @ Utility Deposits||$14,000 - $43,000|
|Leasehold Improvements||$8,500 - $12,000|
|Signs (included in Center Opening Package)||$7,500 - $19,000|
|Shop Equipment, Supplies, Lifts & Installation (included in Center Opening Package, See Item 5) plus freight & Taxes||$78,400 - $98,000|
|Computers and Phone System - Hardware||$6,500 - $10,000|
|Office Furniture||$5,500 - $7,000|
|Sales Materials||$500 - $1,000|
|Miscellaneous Costs & Professional Fees (Legal and Accounting Advice, Personnel recruitment, etc)||$4,000 - $10,000|
|Insurance||$1,500 - $2,500|
|Advertising Costs (13 weeks)||$4,700 - $13,500|
|Additional Funds||$30,000 - $50,000|
|TOTAL ESTIMATED INITIAL INVESTMENT||$223,600 - $330,500|
Start-up costs can vary depending on the market and individuals’ financial needs. To better understand what is typical and how the above numbers might fit a specific situation, fill out the form to download our franchise report and start a conversation about opening an AAMCO franchise.