What Are My Startup Costs?

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
POS System $500
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.

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