HORSHAM, Pa., March 27, 2017 /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 the company has been ranked on Franchise Direct's 2017 Top 100 Global Franchises Rankings.
"It is an honor for AAMCO to be on this list and for our proven business model to get the recognition it has earned," said Brett Ponton, CEO and president of American Driveline and AAMCO Transmission, Inc. "Our success in franchising is a testament to the hard-working business owners in our franchise network and the tireless teams in our home office and in the field that provide the ongoing training and support to make it all possible. Together, we have built an award-winning total car care brand."
According to Franchise Direct, the franchises that comprise the Top 100 Global Franchises stand out from thousands of companies that have invested in international expansion strategies. This list is the premier, research-only based ranking of the world's top 100 franchises and uses a methodology that goes beyond system size and financial performance. The rankings are based on objective and measurable criteria, which includes system size and revenue, stability and growth, number of years in operation and market expansion. Rankings are also based on franchisee support and training best practices, environmental policy and social responsibility. Each criterion is given a weighted value, and the data for each franchise is plugged into a proprietary computer formula, making the outcome as objective as possible.
For more than 50 years, AAMCO's network of locally owned and independently operated automotive service centers has 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 named to Entrepreneur's 2017 Franchise 500 ranking top of its category for the third consecutive year. Based on network size, growth rate and financial strength, last year, the brand also earned a spot on Entrepreneur's "Best of the Best" list. Additionally, AAMCO has been consecutively ranked on Franchise Times' Top 200+ for the last two years.
With nearly 650 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. AAMCO offers financing support for qualified candidates. Reduced franchise fees are also available for honorably discharged veterans.
AAMCO is the world's largest branded chain of transmission specialists and a leader in total car care services. AAMCO has nearly 650 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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