How much does it cost to open a automotive franchise?
The average initial investment for automotive franchises ranges from $472K to $1.2M. The average franchise fee is $40K. Investment requirements vary significantly by brand, location, and format.
What are the largest automotive franchise brands?
The largest automotive franchises by location count include: JIFFY LUBE (1,721 locations), MATCO TOOLS CORPORATION, MATCO TOOLS AND MATCO (1,502 locations), VALVOLINE INSTANT OIL CHANGE OR INSTANT OIL CHANGE (1,071 locations), MIDAS SHOP (941 locations), Meineke (716 locations). These established brands offer proven systems and widespread brand recognition.
What are the most affordable automotive franchises?
The most affordable automotive franchises include: Carstar (from $24K), Fix Auto (from $55K), NOVUS, NOVUS GLASS (from $70K), MATCO TOOLS CORPORATION, MATCO TOOLS AND MATCO (from $108K), Tire Pros (from $111K). Lower investment franchises may have smaller territories, home-based models, or mobile concepts.
How do I evaluate a automotive franchise opportunity?
When evaluating automotive franchises, review the Franchise Disclosure Document (FDD) carefully. Key areas to examine include Item 5 (fees), Item 7 (initial investment), Item 19 (financial performance), and Item 20 (outlet data). Our database provides this data extracted from official FDD filings to help you compare opportunities.