Updated: Jun 21, 2021
Franchises in the automotive maintenance industry have been around for many years and are still going strong. People keep their cars longer than they did previously. Car and Driver states even though the economy has been robust the past several years, Americans are keeping decade-old vehicles running, and they're only getting older. With wear and tear on a car, here are three types of automotive maintenance franchises to consider.
Quick Lube A 10-minute oil change franchise is part of the 8-billion-dollar quick lube industry. Yes, I said 8 BILLION. The flexible and straightforward franchise requirements appeal to both single-store operators and multi-unit investors looking to grow throughout their markets. Before rolling out new services and processes to franchisees, HQ of this franchise runs trials first at their corporate-owned locations to make sure things run smoothly. Heavy marketing for franchisees also makes this a strong franchise to consider. Oil changes are essential. With the current state of the world, essential businesses should be looked at carefully when it comes to business ownership. Auto Repair Services The next automotive franchise provides one-stop auto repair services such as exhaust and mufflers, brakes, tires, and wheels. The automotive aftercare market is a $287 billion-dollar industry. This franchise has been around for over 50 years, and the brand gives you the unbeatable combination of experience, brand strength, and industry-leading technology. Customers know and trust the brand, love the customer service, and reward them with their loyalty. These repairs don’t stop when the economy does. Auto repair services are an essential business. Automotive Paint and Collision The third franchise is the #1 collision and repair provider. Since the 1970s, they have serviced over 20 million cars. The big players have minimal national competition and strong brand recognition with national ad campaigns. There are 278 million cars on the road, according to Global IHS. The Driver Knowledge Report states there are six million car accidents annually in the US. Paint and collision repair services are here to stay, even if the economy slows down. The market is there for this to be a successful business, no matter outside conditions. While reviewing your business ownership opportunities, I recommend you take a hard look at automotive franchises. Recession and pandemic resistant opportunities are significant to examine carefully during these times. Take control of your financial future and invest in a proven franchise! About The Author John Ovens has over 30 years of leading domestic and international businesses in the US and overseas, extensive experience operating multi-location companies globally. For over ten years, John has helped individuals find alternative business opportunities for corporate employment. Contact John at 404-432-3272 or email@example.com.