AAMCO Transmissions
Small Business Franchise Opportunity
Description
AAMCO is the world's largest chain of transmission specialists with over 40 years of experience as the undisputed industry leader. An American icon, AAMCO's trademark is recognized by 90% of the driving public. Transmission repair is a $2.5 billion dollar business in the United States and was projected to increase to over $3.6 billion dollars after the year 2001.
Background
Established: 1963
First Franchised: 1963
Franchised Units: 720+
Company Owned Units: 2
Financial Terms
Cash Investment: $75K
Total Investment: $183-$193K
Minimum Net Worth: $250K
Franchise Fee: $30K
Royalty: 7%
Advertising Costs: Varies
Average Number of Employees: 4-5 Full-time
Passive Ownership: Not Allowed
Support & Training Provided
Financial Assistance Provided: Yes, for qualified individuals
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-Operative Advertising: No
Training: 3 weeks in-house
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