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How many Maaco locations are there?
508MAACOTrade nameMAACO Collision Repair & Auto PaintingNumber of locations508 (2021)Key peopleRobert Benjamin (President)ProductsCollision repair, auto paintingRevenueUS$ 518 million (2016)8 more rows
Is Maaco franchise profitable?
Our average certified centers see sales volumes over $1.3 million*, pulling a net income over $198,000* for certified centers!
Where is the Maaco headquarters?
Charlotte, NCMAACO / Headquarters
Who is the CEO of Maaco?
Jonathan Fitzpatrick (Jul 2012–)MAACO / CEO
What is Maaco preferred paint?
Preferred paint Our Preferred Service is your best bet and comes with a three-year warranty. This single-stage application uses urethane, which resists chipping and is much more resilient than enamel finishes.
How much would it be to repaint a car?
Basic costs range from $300 to $1,000. Standard: The cost of a standard paint job usually includes sanding the body and removing rust before painting to get an attractive finish. Standard costs range from $1,000 to $4,500.
Is Maaco a corporation?
Maaco Corporation is an automotive company providing auto body repair and car painting services.
Is Aamco and Maaco the same company?
AAMCO is an American transmission-repair franchise founded by Robert Morgan and Anthony A. Martino (who used the first letter of each name to form the names AAMCO and later MAACO) in 1957 in Philadelphia.
What does a MAACO Franchise Cost?
The initial franchise fee to own a Maaco is $40,000, initial training fee of $5,000 and advertising of $20,000. The total initial investment is between $57,762 - $403,338 (excluding working capital). The purchase of an existing Maaco business will differ in fee structure and investment. Maaco also requires a net worth of $300,000, $140,000 or more in liquid assets, as well as a credit score of 700+.
How much does it cost to own a Maaco franchise?
The initial franchise fee to own a Maaco is $40,000, initial training fee of $5,000 and advertising of $20,000. The total initial investment is between $57,762 - $403,338 (excluding working capital). The purchase of an existing Maaco business will differ in fee structure and investment. Maaco also requires a net worth of $300,000, $140,000 or more in liquid assets, as well as a credit score of 700+.
What is the Maaco paint industry?
Maaco is truly the leader in the massive 45 billion dollar automotive paint and collision industry. With virtually no nationally branded competition and over 45 years of experience, Maaco dominates the automotive cosmetic paint market share at over 45%. Furthermore Maaco’ s advancement in the cosmetic collision (“cosmolision”) sector provides dealers with huge opportunity for continued growth.
Is it easy to purchase a franchise?
Making a decision to purchase a franchise is never easy, that is why we think you will be impressed with our people, our brand and your ability to make a fantastic living while maintaining a strong quality of life.
Is Maaco a franchise?
If you are worried about not having automotive experience, that is not a problem at all. Maaco is a retail oriented franchise business with successful owners from many walks of life. If the thought of a proven business model, family oriented operating hours and huge income potential excite you then we encourage you to take a deeper look into Maaco Franchising.
Where is MAACO located?
MAACO Collision Repair & Auto Painting is an American franchisor of auto painting and collision repair shops based in Charlotte, North Carolina. It was founded in 1972 by Anthony A. Martino and Daniel I. Rhode.
What is the catchphrase for Maaco?
Advertising campaign. Through the 1980s and 1990s, the company ran a television and radio ad campaign featuring the slogan "Uh oh, better get Maaco". With the exception of several years in the 2010s, the catchphrase is still in use today.
Who is the founder of AAMCO Transmissions?
He created both names by using the first letters from his name (Anthony A. Martino).
How much does a Maaco Collision Repair and Auto franchise cost?
Maaco Collision Repair and Auto has a franchise fee of up to $40,000, with a total initial investment range of $362,250 to $567,250.
Are there any Maaco Collision Repair and Auto franchise opportunities near me?
Based on 2019 FDD data, Maaco Collision Repair and Auto has franchise locations in 44 states. The largest region is the South with 211 franchise locations.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Paint yourself a brighter future with a Maaco franchise
Maaco is the largest automotive retail paint brand in the U.S. with minimal national competition. We are the undisputed leader, and leadership drives growth.
sell my franchise
Are you a Maaco Franchisee and want to sell your franchise? FranchiseResales.com has already developed the Maaco content necessary to help you maximize your reach as you look for the perfect buyer.
Is MAACO a serious franchise?
Owning a MAACO franchise is a serious commitment and works best when you make a thoughtful, educated decision. Just because you love MAACO’s products or services doesn’t mean that you will be able to successfully operate a MAACO franchise. Being emotionally attached to the idea of becoming a MAACO franchisee is not a state ...
Does a MAACO Franchise Make Money?
A critical part of your due diligence is to build an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a MAACO franchisee . Reading Chapter 13 of The Educated Franchise teaches you the secrets of this key step.
Overview
History
Ten years before MAACO's founding, Martino had launched AAMCO Transmissions with partner Robert Morgan. He created both names by using the first letters from his name (Anthony A. Martino).
In 1967, with close to 500 stores in operation, Martino sold AAMCO to Morgan.
In 1972, Martino opened a pilot auto painting center in Wilmington, Delaware. He chose the nam…
Advertising campaign
Through the 1980s and 1990s, the company ran a television and radio ad campaign featuring the slogan "Uh oh, better get Maaco". With the exception of several years in the 2010s, the catchphrase is still in use today.
MAACO was the sponsor of the Maaco Bowl Las Vegas from 2009–2012 at a reported $1 million a year.
Company details
Maaco has trademarked the term "North America’s Bodyshop".
External links
• Maaco official website