Concept Description
With nearly 600 centers across North America, AAMCO is actively seeking single and multi-unit franchise owners. AAMCO is known for providing high quality automotive service and seeking those who share that commitment. Take advantage of the largest nationwide transmission franchise built on 60 years of consumer trust and loyalty. Our franchise owners are positioned for success in the $435 Billion automotive aftermarket services industry; benefiting from AAMCO’s brand longevity, training, and support.
Testimonials
https://franchises.aamco.com/reviews/
Publicity
AAMCO is rated #3 on RedHotFanchises.com 2010 HOT 100 FRANCHISE LIST
#61
Top 100 Fastest Growing Franchises
Franchise Market Magazine, Winter ’07 – ’08
Introducing Eco-Green Auto Services from AAMCO
The leader in transmissions and complete car care is now the leader in providing automotive services and shops that are friendly to the environment. ECO-Green is a new certification class for AAMCO dealers who meet rigorous environmental standards that go well beyond established federal and state requirements.
Read full article HERE
Chamber cuts ribbon for AAMCO shop
| April 27th, 2010 |
The San Marcos Area Chamber of Commerce helps cut the ribbon for AAMCO Transmissions.
STAFF REPORT
San Marcos Area Chamber of Commerce (SMACC) Ambassadors held a ribbon cutting ceremony this month for a new AAMCO Transmissions in San Marcos.
Owner Tom Grieve and his son Scott cut the ceremonial ribbon. AAMCO of San Marcos will offer drivers transmission service, as well as total car care service. AAMCO of San Marcos will feature qualified technicians, and state-of-the-art diagnostic equipment.
“We’re very pleased to join the business community in San Marcos,” Tom Grieve said. “This is a great place to live and set up a business. We had a lot of choices, but we opened an AAMCO center because of its great reputation for service among car owners and its well-known and well-respected brand.”
In honor of the new location, AAMCO of San Marcos is offering resident motorists an oil change special for $19.99 with a free tire rotation for the entire month. Customers can call the center for details on the special at (832) 758-2915.
AAMCO is located at 1206 SH 123 in San Marcos.
Cottman Transmission And Aamco Transmissions Franchise Combine To Create One Of The Country’s Largest Automotive Transmission Franchises
Deal Creates Nationwide First Stop for Transmission and Complete Car Care Services Franchise
(Monday, June 12, 2006) – Cottman Transmission today announced its combination with AAMCO Transmissions, forming one of the country’s largest complete car care companies, with more than 1,100 locations throughout the United States. The combined company will eventually operate as AAMCO Transmissions with continued emphasis on providing the country’s best transmission repair service while expanding offerings to include more comprehensive car services such as electrical, brakes and complete driveline repairs and maintenance. Cottman Transmission centers are expected to transition to the AAMCO name.
“The new AAMCO offers millions of motorists an even stronger alternative to high-priced dealer services,” said Todd Leff, who will serve as president and chief executive officer of the new AAMCO. Leff has served as president of Cottman since 1998. “Technicians already refer their most complex repairs to our centers today,” Leff said. “Today’s creation of the new AAMCO means there is now one stop for drivers to satisfy both their complex repair and routine maintenance needs.”
AAMCO will be headquartered in Horsham, Montgomery County , Pa. and have more than 6,000 team members nationwide. The company will have system wide sales of more than $600 million. AAMCO’s management team will include executives from both organizations. AAMCO President Mark Wurth will serve as a senior adviser to the company during a transition period. AAMCO’s Brian O’Donnell, a 20-year veteran with the company, will continue his role as senior vice president of 0perations.
“This powerful combination of the best in transmission repair and car care will make our services even more convenient to our customers,” said O’Donnell.
Cottman centers are expected to convert to doing business under the AAMCO name over the next three years, Leff said. The conversion to AAMCO will enable the company to leverage a well known national name as it accelerates a push into the broader based $200 billion U.S. automotive repair aftermarket. Leff said AAMCO will work to become the dominant brand in the automotive repair segment.
“This is an historic day for our franchisees, our team members and, most importantly, car owners everywhere,” Leff said.
AAMCO expects to add 50 to 70 new centers a year throughout the country in strategic markets. Currently, the company’s top five markets are New York , Philadelphia , Los Angeles , Washington , D.C. and Atlanta.
The merger reunites two companies that started as one in the late 1950s when Rich Silva and Anthony A. Martino operated transmission centers in Philadelphia. In 1962, the men divided their stores with Silva’s center becoming the first Cottman because of its location on Cottman Avenue and Martino naming his store AAMCO to reflect his initials. Martino partnered with franchising expert Robert Morgan to build AAMCO into a national franchise, with Martino selling his interest in the company and leaving in 1967. The late Robert Morgan, and then his son Keith, who became CEO in 1992 and is retiring from the company with the merger, built AAMCO into one of the best-known brands in the automotive aftermarket.
Unit Option
Single, Multiple, Area Representative/Master Developer
Background
FDD Franchised Units: 517
Corporate Owned Units: 2
Projected New Units: 11
Year Established: 1963
First Year Franchised: 1963
Type of Business: Franchise
Hours of Operation: Regular Business Hours
Number of Employees: Small (1-5)
History:
AAMCO was founded in 1963 by Robert Morgan, who named the brand “AAMCO” using his initials and placing “AA” first to appear at the top of the Yellow Pages. The first center opened in Philadelphia and quickly began franchising that same year. Now with hundreds of locations across the U.S. and Canada, AAMCO has grown into the world’s leading transmission repair franchise.
Availability
Territories: United States, International, Canada: Registered
Financials
Liquidity: $90,000
*Investment Range: $276,600 - $407,200
Minimum Net Worth: $250,001, to $500,000
Franchise Fee: $45000
Royalty: 7.5%
Royalty Description: 7.5% of Gross Receipts
Advertising: Greater of 5% of Gross Receipts or $500 per week (local Advertising Pool / brand advertising)
National Advertising: $150 per month
Ramp-Up: 4 to 6 months
Passive Ownership: Semi- passive at onset (they can hire a manager to run business)
Passive Ownership means the owner is working 15 hours or less per week in the business.
Available Discounts
- Veterans
Discount Description: $8,000 off franchise fee.
Training, Support and Assistance
Co-Operative Advertising: N/A
Site Selection Assistance: Available
Lease Negotiation Assistance: N/A
Length of Training: 8 weeks
Training Description:
- 3 Weeks Training in Home Office.
- 5 Week in Center Training – Grand Opening Operation Development (GOOD) Training Program.
- Total of 8 weeks training.
Operational and Marketing Tools:
AAMCO provides franchisees with access to a robust online marketing library, offering approved videos, images, and advertising materials for both local and national campaigns. Regional marketing managers offer hands-on support to help customize strategies that align with each location’s goals. Franchise owners also benefit from a Local Ad Pool, enabling collective investment in high-impact regional advertising.
Financing Assistance: Available
