Starting a Maaco Franchise

0 comment
11,978 views

Are you looking for the best franchise opportunity in automotive care? Start a Maaco Franchise today to be in business for yourself and discover many advantages of being a franchisee such as market dominance, extraordinary brand recognition, and ongoing automotive franchise support.

Maaco was named by Entrepreneur Magazine as the franchise that has "best automotive appearance services." There are nearly 500 franchise centers currently in operation and their system-wide sales are approaching ½ billion dollars.

With more than 37 years of franchising experience, Maaco serviced over 16 million customers. They can provide you with an operating system that’s time-tested and unsurpassed in the world of franchises. Their longevity defines their success and unlimited potential. When you own a Maaco franchise, you can expect full support in advertising assistance, technical assistance, operational assistance, and extraordinary brand recognition.

Startup Maaco Franchise Financial Requirements

With Maaco, you can own your own franchise with only 15% down payment (subject to credit qualification). You can rollover your 401k or IRA into a new business (penalty- and tax-free), take up to 10 years before repaying an SBA loan, and don’t require outside collateral in financing your new franchise.

Financially, you would need good credit, $250,000-$300,000 net worth, and $75,000 from non-borrowed funds. The total investment that you need would be $296,500 for 15 years, renewable in 5-year options.

Training is also extensive with the following steps:

Hands-on training (4 weeks) in King of Prussia, PA, which is the Corporate Headquarters
Instruction on customer service procedures, sales, management, and production
6-12 months of oversight in new center development
Ongoing development and training on site/virtual
Annual conference

Maaco is looking for candidates that have managerial experience, financial management skills, sales aptitude, strong desire and high motivation to succeed, willingness to follow the proven system, and ability to personally devote effort and time necessary to build and manage a Maaco center.

Maaco Franchise Business Guide

The process of opening a Maaco Franchise is simple. All you need to do is follow this step-by-step guide:

1.Development Process

Provide Confidential Application
Attend Webinar
Review Franchise Disclosure Document
Conduct Due Diligence
Visit Maaco Home Office
Complete the Agreement and Get the Approval

2.Real Estate

Site Selection
Negotiate Site
Acquire Financing Assistance
Under Construction
In-Training

3.Set-up and Opening –

Operations System Experts will assist you and develop your team’s competency in Sales and Management, Estimating, Body Work, and Auto Painting. The Opening Team of Maaco will be on-site at your shop in order to give support and develop the entire phase of systems and operations implementation including:

Center Set-up and Installation
Center Staff Recruitment
Maaco’s Operating Systems Staff Training
Fleet/Trade Program Development for the Regional Service Accounts
Sales and Production Management
Financial and MIS Analysis

<< Becoming a Tuffy Associates Franchisee

About Two Men and a Truck Franchise >>