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With over 500 auto body shops, no one does more auto body repair and car painting than Maaco.
Location: AL, AK, AZ, AR, CA, CO, CT, DE, FL, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY, DC.
Initial Franchise Fee: $40,000
Additional Fees: $17,762
Total: $57,762 – $403,338
Maaco is among America’s top auto paint and collision repair providers. Founded in 1972, Maaco has serviced more than 20 million cars since the business began. Maaco prioritizes meeting your vehicle’s needs, working with all insurance companies and guaranteeing nationwide warranties.
Maaco provides numerous services including:
· Paint services
· Cosmetic car repairs
· Insurance claims/direct repair program
· Fleet and industrial services
· Dent repair
· Spray bed lining
· Truck and oversized equipment services
· Windshield repair
How to start franchising with Maaco
Steps To Ownership
Step 1: Do You Meet These Qualifications?
– Liquidity: 140K (non-borrowed)
-Net Worth: $300K+
-Credit Score: 700+
Step Two: Due Diligence
Stage 1 – Introductory Call (Qualifications, Application, Review Maaco Concept)
Stage 2 – First Presentation (Unit Economics, Brand Overview, Provide FDD)
Stage 3 – Second Presentation (Real Estate, Marketing, Operations and Systems)
Stage 4 – FDD Review
Stage 5 – Validation and Discovery Day (Executive Call, Franchisees)
Stage 6 – Franchise Agreement Awarded – Welcome to the Family!
Step Three: Site Secure and Opening SupportIntroduction to team members
Real Estate team to help with site secure
Assistance with financing
Project management from awarded license to opening
Brian Greenley is the owner and operator of Maaco Auto Painting & Collision Repair of Littleton, CO. His first experience with Maaco dates back to his teen years when, as an 18-year-old, he drove his Camaro to a local Maaco franchise to get some work done, according to Business News Day. Immediately, Greenley was attracted to Maaco, appreciating the straightforward nature with which the business was run. He asked to work at the location full-time and since then, has been hooked.
Working as an employee, Greenley realized that certain improvements could be made to the shop. So, he dove headfirst into the franchise. Although financing was hard to obtain, especially considering he was only a 19-year-old, he sold his beloved Camaro to help finance his Maaco franchise.
Once he was able to purchase the franchise, Greenley put 100 percent into improving the shop. Over the years, the business gained profitability and expanded in size. Greenley grew close with his employees and made family time a priority for himself and his entire team.
Greenley still owns his Maaco franchise and has grown to become the leader in the Maaco franchise system for 18 years.
“At 19, This Maaco Franchisee Began His Steady Rise to the Top” from Entrepreneur.
“The nation’s largest paint and collision repair franchise announced today a growth strategy that stands to significantly increase the number of franchise licenses it plans to sign in 2018 – increasing its total by more than 50 percent over 2017 that resulted in 45 new licenses.” from FenderBender.com
Prospective Maaco franchisees can expect reasonable work hours! With a typical 8AM-5PM Monday through Friday guarantee, Maaco wants to provide a family-friendly franchising experience. Maaco provides its franchisees with not only strong brand recognition but a 45-year-old business model, which has proven successful over time.
Maaco provides continued training and support throughout the franchising experience to ensure success of their franchise owners. After a franchisee purchases their Maaco license, they receive three weeks of hands-on training in Charlotte, NC where the franchisee can enhance their skills in the areas of sales, management, production, and customer service.
Once the franchisee’s new location is open, a regional trainer provides support through three weeks of on-site training. Maaco provides teams to assist their franchisees in all aspects of the Maaco process. From real estate, finance, and project management to training, operations and business support, Maaco teams are available to assist.