6/10

Franchimp Summary Rating

1 /10
Higher than 97% of peers

Franchise Summary

Description
Maaco Collision Repair & Auto Painting is a leading franchise in the automotive repair industry, specializing in collision repair and auto painting since 1972, with numerous locations across the U.S. and Canada. Known for its affordability, quality services, and customer satisfaction, Maaco offers a variety of automotive services, making it a popular choice for vehicle restoration.
Company Background
Maaco Collision Repair & Auto Painting is a franchise opportunity offering an established business model with proven results. We offer a complete range of collision repair, auto painting and bodywork services to the automotive aftermarket industry. Maaco has been in business for over 50 years and currently operates more than 400 franchised stores across North America that have repaired over 8 million vehicles since 1966.
Franchise Opportunity
The number of cars on the road is increasing and traffic jams are getting worse. Car owners have to spend more time in their vehicles, which means they need to be comfortable while driving Maaco Collision Repair & Auto Painting offers a solution for this problem. We offer an affordable car paint repair service that can make your vehicle look like new again. Our professional staff will provide you with quality workmanship and excellent customer service at all times. You'll get a fair price, fast turnaround time and a warranty on our services so you know everything was done right the first time around. At Maaco we use top-of-the-line equipment and materials that ensure your repairs are completed quickly without sacrificing quality or safety. Our painters use only factory approved paints from DuPont(TM), PPG(TM), BASF(TM), Sherwin Williams(TM) or other leading manufacturers to match your original color perfectly - guaranteed! And unlike some companies who will

Earnings Transparency

10 /10
This Franchise discloses far more about the financial performance of their franchisees compared to other franchises in the same industry.

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Automotive Industry

$1,462,325 / unit

Franchise Type: Standard

Average Revenue During 2021

$1,462,325
$535,789
Industry Low
$8,443,764
Industry High

Average Gross Profit Per Unit

Compared vs. Automotive Industry

$795,035 / unit

Franchise Type: Standard

Average Gross Profit During 2021

$795,035
$570,981
Industry Low
$2,196,224
Industry High

Maaco Collision Repair & Auto Painting Franchise System Development in 2021

FAQ

How much investment do I need to start my own Maaco Collision Repair & Auto Painting business?
Franchisees typically require at least $129,793 to $883,000 investment to get their Maaco Collision Repair & Auto Painting business started
What are the initial franchise fees for Maaco Collision Repair & Auto Painting?
Franchisees typically need to pay at least $22,096 in fees directly to Maaco Collision Repair & Auto Painting in order to earn the right to launch their business
How much money can I make with a Maaco Collision Repair & Auto Painting franchise? What are the average revenues for a typical Maaco Collision Repair & Auto Painting business?
We estimate that the average revenue of an individual Maaco Collision Repair & Auto Painting unit is approximately $1,462,325. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Maaco Collision Repair & Auto Painting unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

1 /10
The Franchisor's investment costs ranges from $356,500 to $6,524,200 which is Much Higher than the $0 to $0 average in the Automotive industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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