Maaco

Overview

Website: www.maacofranchise.com

Franchise Fee: $87,500

Royalties: 8% of gross receips of the cente

Cash Investment: $87,500

Total Investment: $281,000 - $495,500

Net Worth: $1,000,000

VetFran: Yes

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: No

Additional Details

Maaco is "North America's Bodyshop" franchised with nearly 500 owner operators whose centers boast system-wide sales approaching a half billion dollars. Maaco celebrates extraordinary brand recognition and thirty-eight years without any national competition. Its combination of Cosmollision - that huge market of vehicles that have sustained damage but are still drivable - and its auto painting position Maaco as a market leader. No automotive experience necessary. Our owners come from all walks of life - accountants, engineers, managers - all share a desire to own and operate a successful business.
OUR IDEAL FRANCHISEE:
There is no previous automotive experience necessary in order to be a Maaco franchisee. We look for sales aptitude, financial management skills, managerial experience and the ability to personally devote the time and effort necessary to develop a market and delegate unit-level operations to managers and employees.
Investment firms looking to diversify
High net worth individuals with leadership experience
MULTI-UNIT OPERATIONS
Focused on multi-unit ownership. The Maaco system is actively transitioning from an “owner operator” model towards pure MSO with the larger franchisees owning between 5 and 20 units. Practice growing in 3 to 5 which best supports above shop level SG&A. We have developed tools and best practices for multi-unit owners.
Utilizing proprietary data, Maaco has created an M&A pipeline of independent shop locations that fit our business model which allows us to assist our franchisees with their first opening and subsequent growth.
AVAILABLE MARKETS
States Registered In: ALL
Available in Canada: No
International Referrals: No
BACKGROUND
Established: 1972
First Unit Franchised: 1972
Franchised Units: 430
Company Owned Units: 0
E2 Visa Friendly: Yes
FINANCIAL DETAILS
Cash Investment: $87,500
Total Investment: $281,000 - $495,500
Minimum Net Worth: $1,000,000
Franchise Fee: $87,500
Royalty: 8% of gross receips of the center
Ad: $1,000 weekly ad fee
Passive Ownership: No
Home Based: No
B2B: No
Master Franchise Opportunities: No
VetFran program: Yes
SUPPORT & TRAINING PROVIDED
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Co-Operative Advertising: No
Training: 3 weeks of intensive management training at Maaco Headquarters
No automotive experience necessary!
We teach you everything you need to know, from learning the phone track to managing the production flow and sales.
3+ weeks of on-the-job training for both you and your employees. We help you:
Interview and train your initial crew
Bring customers through the door and learn how to manage them
6-12 months of new center development oversight
We help you stay on track with our model and adhere to production and management standards.
Annual meetings, advertising, central purchasing, Maaco Online University, Franchisee Intranet, etc.
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Why Maaco?

Our Ideal Franchisee

Available Markets

Background

Year founded: 1972

Year Franchised: 1972

Home Based: No

Financial Details

Franchise Fee:$87,500
Total Investment Range: Single Unit: $281,000 - $495,500
Net Worth Requirement:$1,000,000
Royalty:8% of gross receips of the cente
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: