As a new franchisee, you'll not only be a MAACO owner, but you'll also be part of the MAACO family. You'll align yourself with a successful business and share advantages such as:
- Over 40 years of automotive paint and collision repair experience
- Outstanding earning potential
- World class, comprehensive training program
- Ongoing operating support and assistance
- Territory protection
- Unmatched buying power
MAACO is the leader in the $43 billion automotive paint and collision industry. With virtually no nationally branded competition and over 40 years in franchising, MAACO dominates with more than 45% market share in automotive cosmetic paint. Furthermore, MAACO's advancement in the cosmetic collision sector ("cosmolision") provides dealers with fantastic opportunity for continued growth.
If thoughts of a proven business model, a family-oriented business, comfortable operating hours and huge income potential excite you, we encourage you to take a deeper look into MAACO Franchising. NO AUTOMOTIVE EXPERIENCE IS NECESSARY - MAACO is a retail-oriented, auto service franchise business with successful owners from many walks of life.
Training & Support
Four weeks of hands-on training is provided to new franchise owners at our Corporate Headquarters, located in Charlotte, NC. Franchisees will receive instruction on sales, management, production and customer service procedures during this time. Upon opening, three weeks of on-the-job training will be provided by your regional trainer. The support team will also assistance with hiring and training new employees. Your local fleet director will provide assistance in developing local trade and fleet accounts. Six to 12 months of new MAACO center development oversight and ongoing training and development will be continuously provided. You will also have access to over 2,000 hours of online training support. On an ongoing basis, the Maaco franchise system provides the benefits of an all-encompassing business system that helps manage KPI's, inventory, and payroll.
Maaco boasts a 40-year-old brand that is the most well-recognized auto painting & collision repair company in the industry. Through promotions on broadcast and cable television, internet, mobile devices, and social media platforms, our multi-million dollar advertising fund drives retail customers to your business. Local Marketing Managers help tailor local marketing efforts within the community, provide support and education on new marketing tools.
Maaco provides geographic protection for your center. With our state-of-the-art SIMMS software, we select the optimal market, based on analysis of demographics and trade area. A full in-house Real Estate Team stands ready to negotiate lease and leasehold improvements with landlord, and also provide assistance with zoning and permit requirements.
Maaco works with numerous lending institutions for all levels of financing. The Maaco Support Center helps NEW and EXISTING franchisees obtain lines of credit, equipment leases, 401K rollover and facility improvements, when needed. Franchisees will also have access to an extensive database with nation-wide franchise loan information (industry, brand, location, lender, etc.). Over the past 40+ years, we have built strong partnerships with conventional lenders for fast and seamless financing, a great alternative to SBA. Support with documentation, including building cash flow statements, writing business plans, and filling out applications is also provided.
MAACO's 40+ years of auto body franchising experience provides you with a proven operating system unparalleled in the franchise world. The MAACO franchises' longevity is evidence of our success and proof of unlimited franchising potential. You'll always have everything at your fingertips to grow as a MAACO franchisee.
A common question our Sales & Management team receives is: "Are franchisees required to have an automotive background?" No. The Maaco franchise business model is retail-oriented, a background in the automotive industry is not necessary or required. In fact, successful Maaco franchise owners come from all walks of life with various skillsets.
The minimum requirement of owning a Maaco is a net worth of $250,000. You also need $90,000 or more in liquid assets, as well as a credit score of 700 or higher. In terms of personal qualities of prospective owners, we look for sales aptitude, financial management skills, managerial experience and the ability to personally devote the time and effort necessary to build, manage and supervise a MAACO center.
|Initial License Fee||$35,000|
|Training (Includes travel and lodging)||$5,000|
|Initial Advertising Fund||$30,000|
MAACO is North America's number one automotive aftermarket franchise in terms of unit sales. With system wide sales approaching a billion dollars, MAACO is regarded as one of today's best franchise opportunities. As a MAACO franchisee, you are in business for yourself, but you will never be by yourself. We are with you every step of the way.
Pre License Steps
- Submit the Maaco Preliminary Questionnaire
- Discuss Maaco with your Director of Franchise Sales & Development
- Review the Franchise Disclosure Document (FDD)
- Submit financials and supporting documentation for approval
- Once approved, review the Franchise Trade Agreement (FTA)
Post License Steps
- Attend a introduction phone call with Maaco corporate
- Work with our in-house Real Estate Team to secure an optimal location
- Partner with our Financing Manager to assist with funding
- Get started with the project coordinator who will handle signage, equipment, inventory, training and Grand Opening!
Sales & Management Team
Senior Vice President of Franchise Sales & Development
Director of Franchise Sales & Development
Director of Franchise Sales & Development
Director of Franchise Sales & Development, Canada
What is the total investment?
The total minimum investment for a new MAACO franchisee is up to $296,500.
How much money can I make?
Our certified franchisees average $1,137,174 in annual store revenue. For those franchisees whose sales exceed $1 million, annual earnings are just over $216,769. See Item 19 in the Franchise Disclosure Documents for complete details.
What are the royalties and advertising contributions?
The royalty fees are 8% of the gross receipts of the center, when in compliance with the franchise agreement.
Is financing available to open a MAACO center?
Yes, financing is available for qualified buyers. For those who can meet the $90,000 cash investment and have a net worth of at least $250,000, we have been able to help with the rest of the investment more than 95% of the time. There are many ways franchisees finance transactions including, but not limited to, cash, SBA loans, home equity lines of credit, equipment leasing, seller financing (conversions), borrowed funds and 401k Rollovers. MAACO has relationships with a number of financial partners for you to consider.
What is the term of the franchise?
The term of the MAACO auto body franchise ownership is 15 years, which is renewable in five-year options.
What assistance will MAACO provide for the real estate selection?
MAACO will provide franchisees with site selection assistance, lease negotiation assistance, digital ads, construction assistance and equipment installation. In the event of a conversion, we will assist you in finding existing centers for sale in your designated area. Regardless of how you choose to open, our staff is ready, willing and able to assist in all aspects of your transaction. Once you become a franchisee, our real estate managers will visit your market to start the process. Our goal is to find you at least three approvable locations within the first 90 days.
What is the availability of sites and territory in my area of interest?
Today there are plenty of opportunities available throughout the US. Your Franchise Development Director will research your area of choice and identify any and all approvable markets.
What are MAACO's real estate site criteria?
MAACO targets areas with 50,000 registered vehicles, an average footprint of 7,000 feet and available retail-friendly locations.
Do I have to buy inventory from you?
Absolutely not. However, our buying power is so strong that more than 90% of our dealers buy from us each and every year.