AAMCO Franchise, the world’s largest chain of transmission specialists and leader in total car care, announced today the signing of three new franchise agreements to open single units in Raleigh, N.C.; Wichita, Kans.; and Dallas. These latest agreements are part of AAMCO’s aggressive growth strategy to expand its national footprint.
“On behalf of AAMCO, we would like to extend a warm welcome to Jeff Basch and Stuart Long, and congratulate Chad Raymond on the upcoming opening of his third location,” said Brian O’Donnell, senior vice president of franchise sales at AAMCO Transmission, Inc. “AAMCO has experienced tremendous growth over the last few years and we will continue to focus on expanding our brand presence in communities across the country, as well as strengthening our relationships with existing customers.”
Jeff Basch, who has 30 years of automotive engineering experience, plans to open one service center in the Wylie area of Dallaslocated at 2014 State Highway 78 this month. As part of the brand’s ongoing commitment to training, Basch graduated from AAMCO University’s School of Franchise Ownership, where he learned about strategies for business networking, reputation management, recruiting and growth.
“I have always had a keen interest in all things automotive and owning a business in the industry seemed like a natural fit,” said Basch. “I was drawn to AAMCO’s solid business model, as well as the tools and resources it provides to franchisees in order to run a successful operation. The hands-on training I received at AAMCO University was unlike any formal training I have ever undergone, and I look forward to applying the knowledge I have gained to building a loyal customer base.”
Additionally, Stuart Long signed a franchise agreement to open an AAMCO service center in Raleigh, N.C., located at 8629 Glenwood Avenue. Mr. Long, who spent many years working in the finance industry, is looking forward to applying his training experience from AAMCO University to his new center when it opens this month.
“As a nationally recognized brand, I am proud to be a part of such a dynamic company that provides its franchisees with tremendous support to launch and grow a successful business,” said Stuart Long. “I look forward to the grand opening of my service center inRaleigh and serving the community for years to come.”
Furthermore, existing AAMCO franchisee Chad Raymond signed a franchise agreement for his third service center in Wichita, Kans., located at 1002 E. Lincoln Street. opened last fall. Raymond currently owns two other locations in the market.
For over 50 years, AAMCO’s locally owned and operated independent 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 providing a variety of services including brake repairs, tune-ups, shocks and struts, routine maintenance and more.
Recognition for AAMCO includes being named to Entrepreneur’s Franchise 500®. The system size, growth rate, and financial strength also earned the brand the top spot in the transmission repair category on Entrepreneur’s “Best of the Best” list. In addition, AAMCO was ranked No. 154 on the Franchise Times’ 2015 Top 200+.
With nearly 700 centers across North America, AAMCO is actively seeking single- and multi-unit 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 $80,000 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.