HORSHAM, Pa., Aug. 2, 2016 /PRNewswire/ -- AAMCO Transmissions, Inc. ("AAMCO"), franchisor of the world's largest branded chain of transmission specialists and an industry leader in total car care services, announced today 17 of its current franchise owners have signed new franchise agreements to expand their portfolios and acquire existing AAMCO locations across the country. The new agreements, which were signed over the last 18 months, include 17 service centers in cities across California, Florida, Illinois, New Jersey, Texas and Virginia.
"These latest agreements are a testament to the strength of our growing brand and demonstrate the confidence our franchisees have in AAMCO," said Brian O'Donnell, senior vice president of franchise support for AAMCO Transmission, Inc. "Over the last couple of years, the company has made several significant investments in the brand to enhance its proven business model and further position franchisees for success. As a result of our efforts, AAMCO has experienced record growth and our franchise partners are reaping the benefits."
Fueling the brand's growth are significant investments in training and professional development for AAMCO's franchisees and their employees, a new consumer financing program, in addition to enhanced sales systems and procedures. Furthermore, through AAMCO's partnership with sister company Global Powertrain Systems and its remanufactured transmission facility, franchisees are able to utilize this resource to provide even greater value to their customers.
For more than 50 years, AAMCO's network of locally-owned and independently-operated automotive service centers have employed the latest technology. Expert technicians diagnose a repair, fix it right the first time and back it with a nationwide warranty. Known as the world's leading transmission expert, the company has evolved into a total car care brand that provides a variety of services, including brake repair, tune-ups, shocks and struts, routine maintenance and more. AAMCO was recently named to Entrepreneur's 2016 Franchise 500®, ranking at the top of the transmission repair category. Based on network size, growth rate and financial strength, the brand also earned a spot on Entrepreneur's "Best of the Best" list.
With nearly 700 centers across North America, AAMCO is actively seeking single- and multi-unit franchisee operators who are passionate about the brand and committed to providing the highest quality service. Interested candidates should have a minimum net worth of $250,000 and liquid assets of at least $65,000 per unit. Depending on the real estate site selected, franchisees can expect the total investment to be approximately $227,400 – $333,000 with a $39,500 initial franchise fee. Reduced franchise fees are available for honorably discharged veterans.
To learn more about franchise or conversion opportunities with AAMCO, contact Eric Simon, director of franchise development, at 866-379-5649 or firstname.lastname@example.org or visit aamcofranchise.com.
AAMCO is the world's largest branded chain of transmission specialists and a leader in total car care services. AAMCO has nearly 700 franchised automotive centers throughout the United States and Canada. Established in 1962, AAMCO-branded centers are proud to have served more than 45 million drivers. For more information, visit: aamcouniversity.com, aamco.com or aamcoblog.com.
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SOURCE AAMCO Transmissions, Inc.