Do you want to start a transmission repair business by buying a franchise? If YES, here are 19 best transmission repair franchise opportunities for sale and their cost. According to industry reports, the automotive transmission repair franchise industry is estimated to be worth $5 billion in annual sales.
Owing to the rise in individuals holding onto their motor vehicles for longer, on average 11.5 years, the after care market for auto repair has continued to enjoy sufficient growth, making transmission franchises one of the fastest growing and most lucrative industries to venture into.
Before the 1960s, transmission repair services were only done by the car dealership. It wasn’t until 1963 that car owners became dissatisfied with dealership services and the market for specialized transmission services emerged.
Franchise businesses envisaged the potential for proven systems in this business and quickly took advantage of the growing opportunity. And just like oil change franchises, many auto transmission franchises prefer to diversify their service offerings to include more general automotive care services.
Note that transmission services more or less account for about 34 percent of these franchises’ business, while total car care and general automotive repair accounts for the remaining 66 percent of business. Reports have it that the average customer spends $790 a year per vehicle on repairs. A single transmission rebuild normally costs $2,500, but this is a one – time service for most vehicles.
According to experts, transmission franchises can generate more income by offering their customers less expensive services in general automotive repair and total car care, such as tune-ups, oil changes, and A/C repairs. The automotive transmission repair industry is estimated to reach an annual revenue of $2.433 million in the United States by 2021.
Have it in mind that a franchising partnership in automotive transmission will offer you a win – win situation when starting this business. It allows franchisors to build stronger, successful brands that franchisees are able to take advantage of to attract customers.
If you feel interested, then enjoy the benefits of a franchise business opportunity by choosing one or more of the transmission repair franchises below.
19 Best Transmission Repair Franchise Opportunities and Their Cost
Table of Content
- 1. MAACO
- 2. Lee Myles
- 3. MIDAS
- 4. Oil Can Henry’s
- 5. TRANSMISSION
- 6. TUFFY TIRE & AUTO SERVICE
- 7. SpeeDee Oil Change & Auto Service
- 8. Christian Brothers Automotive
- 9. Meineke Car Care Centres
- 10. Eagle Transmission
- 11. AAMCO TRANSMISSIONS
- 12. Cottman
- 13. BIG O TIRES
- 14. Jiffy Lube
- 15. Honest – 1 Auto Care
- 16. Fleet Services International
- 17. Car – X Auto Service
- 18. All Tune and Lube
- 19. PRO OIL CHANGE
Maaco is known as the biggest automotive retail paint brand in the U.S. with minimal national competition. This company has been running a proven business model for over four decades. Coupled with its new technology, a turnkey online portal to help run your business and support from dedicated team members, you have a trusted model to drive success.
As a Maaco Franchise Owner, you can make a big impact, not only by painting and repairing your neighbours’ cars, but by hiring a great local team and becoming a business leader in your own community.
- Initial investment: from $362,250
- Royalty Fees: 9 percent
2. Lee Myles
Lee Myles is the most experienced name brand in the transmission repair industry. Established in 1947, not long after General Motors’ Oldsmobile Plant rolled the first automatic transmission off the production line, Lee Myles Transmissions & Auto Care is celebrating over 60 years in the transmission service industry.
Over more than a half a century, their experts have passed along their cumulative experience through a system of training developed by Lee Myles. This technical expertise is assurance that the client’s vehicle transmission will be serviced, repaired, or replaced properly and economically the first time.
- Liquid capital required: $70,000
- Net worth required: $250,000
- Total Investment: $177,000 – $206,000
- Franchise fee: $30,000
Midas began franchising in the 1950s and has been evolving ever since. The company continues to lead both the automotive and the franchise industries. Within the automotive industry, the company helped develop standards of service that brought transparency to customers about whom repairs were urgently needed, which ones were recommended, and which ones could wait for the future.
Note that when you become part of Midas, you get more than a great brand. You get a team with a wealth of experience at supporting franchisees and a field team that consists of consultants and sales coaches who can help you analyze and optimize your business.
- Initial investment: from $181,650
- Royalty Fees: 10 percent
4. Oil Can Henry’s
This company makes vehicle maintenance quick, convenient and even a little fun. Customers can relax in the comfort of their own car, enjoy a free newspaper and watch on the unique video monitor while trained technicians complete the services they requested.
Also note that this company educates customers about their vehicle and the benefits provided by quality services such as their Famous 20 – Point Full – Service Oil Change, Air Filter Replacement, Automatic Transmission Flush, Cooling System Flush, Engine Flush, Gear Box Service, Serpentine Belt Replacement, and Wiper Blade Replacement. All their services meet or exceed warranty requirements.
- Liquid capital required:$150,000
- Net worth required: $500,000
- Total Investment: $816,000 – $1,259,000
- Franchise fee: $25,000
Mr. Transmission franchise owners specialize in the repair and installation of transmission systems and drive train components. Note that with over 60 years of experience, this company have developed a reputation for expertise and professionalism. As one of the leading transmission franchise and auto repair networks in the country, Mr. Transmission franchise owners are constantly changing the industry and transforming their own lives as well.
The company is seeking potential franchise owners who are eager to provide exceptional customer service, maintain their strong brand recognition, uphold the highest possible professional standards, strive to make high – income success attainable, and be financially responsible and accountable.
- Initial investment: from $204,360
- Royalty Fees: 7 percent
6. TUFFY TIRE & AUTO SERVICE
Tuffy® Tire & Auto Service Centres offer the quality and service people are looking for at a price they can afford. Tuffy always strive to stay on top of the new technology and practices in the ever – changing automotive aftermarket.
They are always helping franchisees operate successfully and meet the challenges of today’s marketplace. They also provide franchisees with a proven operating system, and as a result, franchisees have played a key role in the success of Tuffy.
- Initial investment: from $224,000
- Royalty Fees: 2.5 – 5 percent
7. SpeeDee Oil Change & Auto Service
This company offer oil changes, transmission repairs, preventative maintenance, and other car care services. First SpeeDee Oil Change opened in December 1980 in Metairie, Louisiana. They also provide franchise opportunities.
- Initial investments: $181,770 – $507,670
- Net – worth Requirement: $300,000
- Liquid Cash Requirement: $60,000 – $75,000
- Franchise Fee: $30,000
- Royalty Fee: 6 percent
- Ad Royalty Fee: 6 percent
8. Christian Brothers Automotive
Christian Brothers Automotive is experiencing national trends that are making this industry even more in demand. Before opening a new Christian Brothers Automotive location, every potential franchisee receives more than 275 hours of extensive training.
This training is specifically designed to give each franchisee the knowledge they need to successfully run their business. While each franchise is individually owned and operated, the company works with you every step of the way to ensure your success.
- Initial investment: from $464,250
- Royalty Fees: Varies
9. Meineke Car Care Centres
Meineke offers you the unbeatable combination of experience, brand strength, and industry – leading technology. Customers come to the one – stop centres for everything from oil changes to tire replacement, transmission work and general auto repair. Note that this brand is well known trusted, loved for excellent customer service, and rewarded by customers with loyalty. Meineke is the engine of growth for all franchise owners.
- Initial investment: from $122,760
- Royalty Fees: $20,800+ per year
10. Eagle Transmission
This company fix Transmissions and other automotive problems. They help folks get as much out of their vehicles as possible. Note that this company have a good reputation, and are looking for good franchise owners to grow with, too. You don’t need to be a mechanic to own your own Eagle Transmission Centre. In fact, if you have business experience and understand marketing, you will have a solid advantage.
- Liquid Cash Required:$100,000
- Total Investment:$200,000 – $300,000
11. AAMCO TRANSMISSIONS
AAMCO has spent the last half – century growing itself into a leader in transmission repair. AAMCO is the only brand in the industry with the expertise, technology, and trust to fix the cars of today and tomorrow. AAMCO franchisees gain from the brand’s exceptional reputation the minute they open their doors.
Note that owning an AAMCO franchise has never been easier. In recent years, AAMCO has made significant investments in training and technology to help entrepreneurs without any experience thrive in their businesses.
- Initial investment: from $223,600
- Royalty Fees: 7.5 percent
Cottman helps you write your own ticket to freedom and success without starting from scratch. Note that when you join the Cottman team of franchisees, you join a nationwide system in one of the strongest consumer markets. Being your own boss at Cottman, means you don’t have to go it alone.
From the moment you become a business owner at Cottman Transmission and Total Auto Care, you’re part of the family. There has never been a better time to roll into the Cottman family and benefit from decades of experience and a trusted reputation for quality auto care.
- Liquid Cash Required:$50,000
- Total Investment:$100,000
13. BIG O TIRES
Big O Tires is a trusted leader in the tire and automotive services industry. As a new franchise owner, you will be expected to go through the company’s New Franchise Orientation (NFO), a primer designed to help you understand what makes Big O Tires one of the leading tire franchises in North America. All franchisees enjoy the flexibility and versatility of being their own bosses while simultaneously being able to draw on the resources of industry giants.
- Initial investment: from $260,000
- Royalty Fees: 2 – 5 percent
14. Jiffy Lube
This is an American brand of automotive oil change specialty shops founded in Utah, United States, in 1971. It has been a subsidiary of Royal Dutch Shell since 2002, and is headquartered in Houston, Texas. This company operates franchised and company – owned service centres in North America.
The company offers oil change, air conditioning, air filtration, battery maintenance and replacement, brake, cooling system, drive train, engine, fuel system cleaning, emissions and inspection, tire, transmission, windshield, alignment, and suspension services.
- Initial investments: $234,000 – $372,650
- Net – worth Requirement: $450,000
- Liquid Cash Requirement: $150,000
- Franchise Fee: $17,500 – $35,000
- Royalty Fee: 3 – 4 percent
- Ad Royalty Fee 1.5 percent
15. Honest – 1 Auto Care
Honest – 1 is the United States’ only ESA compliant, Eco – Friendly Auto Care chain that provides a full range of top – quality automotive service and repairs. The company was founded in 2003 and is based in Scottsdale, Arizona.
- Initial Investment: $206,650 – $659,150
- Net – worth Requirement $700,000
- Liquid Cash Requirement $200,000
- Franchise Fee: $45,000
- Royalty Fee: 6 percent
- Ad Royalty Fee: 1 percent
16. Fleet Services International
Co – branded with NASCAR Hall of Famer Richard Petty’s “Petty’s Garage” – Fleet Services International (FSI) offers unique on – site maintenance and repairs for commercial car and truck fleets. With a massive first year profit potential, and 100 percent financing for those who qualify, FSI has been the #1 Industry leader since 2001.
- Liquid capital required: $50,000
- Total Investment: $100,000 – $250,000
17. Car – X Auto Service
This company was established in 1971 by a group of enterprising and experienced muffler shop owners. During the early years, Car – X was primarily an exhaust specialist but today, due to their 24/7 non – stop, fast paced world, they have evolved to offer a wide variety of car care services.
- Liquid capital required: $100,000
- Net worth required: $250,000
- Total Investment: $214,000 – $326,000
- Franchise fee: $25,000
18. All Tune and Lube
This company was established in 1985 by Thomas B. Howell. All Tune and Lube centres service and repair brakes, exhaust systems, filters, belts and hoses, and do oil changes. Centres also remanufacture engines. This company always strives to offer complete car maintenance and repair services for vehicles with having a philosophy of a one stop solution for all the vehicle concerns.
All Tune and Lube has also added the transmission servicing branch to its operations and now provides 3 types of services to customers which include the basic All Tune and Lube, the All Motor Mate (which remanufactures engines) and the All Tune Transmissions.
- Liquid capital required: $32,000
- Net worth required: $100,000
- Total Investment: $150,000 – $150,000
- Franchise fee: $32,000
19. PRO OIL CHANGE
This is a Canadian owned and operated retail franchise organization that specializes in providing quick, professional, convenient and value priced warranty approved services (oil change, vehicle inspection, checking air filters, coolant services, transmission service, viper blades, seasonal tire change over, power steering, light bulb replacement) for all makes and models of vehicles.
- Initial investments: $160,000 – $210,000
- Franchise Fee: $30,000
- Royalty Fee: 6 percent
The transmission repair sector is poised for massive growth as predicted by experts. Nonetheless, be sure to research extensively and ask questions before you invest in any of the franchises mentioned above.