The Best Automotive Franchise Opportunities in the USA
The automotive industry has long been an attractive category for aspiring franchise owners. There are nearly as many different types of automotive franchises as there are services and offerings for cars, such as maintenance, repairs, or car rentals. And regardless of the economy or gas prices,the number of automotive franchises is expected to grow due to rising car ownership in developing countries, new car sales, and maintenance and repair of older cars that continue to roam the world's expanding roadways.
The best automotive franchises offer franchisees the strength of an established brand name and reputation in addition to opportunities for growth. If you have an interest in cars and are interested in running your own business, an automotive franchise may be an ideal decision. For the best automotive franchises, check FranchiseHelp's ranking of the best car franchises available.
Automotive Franchise Opportunities in the USA
What types of automotive franchises opportunities are available for USA based entrepreneurs to own today? And what are the leading automotive franchises? Below we've assembled a description of the various types of automotive franchises a prospective franchisee might consider, as well as an analysis of the top automotive franchises overall according to SBA loan default rate data.
Types of Automotive Franchises for Sale
There are many different types of automotive franchises available, and each has its own capital requirements. The average cost of an automotive franchise varies by type, but you can buy an automotive franchise for as little as $5,000 (auto detail) or as much as $750,000 (car rental). Some franchises combine different auto services in one center, so many automotive businesses may overlap categories. Click on each automotive business type to learn more about the automotive business, franchisors, cost of start-up, and fees to figure out the best automotive franchises for you.
- Auto Detail Franchise Opportunities For Sale
- Automotive Repair Franchise Opportunities For Sale
- Car Rental Franchise Opportunities For Sale
- Car Wash Franchise Opportunities For Sale
- Gas Station Franchise Opportunities For Sale
- Oil Change Franchise Opportunities For Sale
- Transmission Franchise Opportunities For Sale
The Top 5 Automotive Franchises
These are the top 5 automotive franchises based on the 2011 SBA franchise loan default rate list. Top-ranking Goodyear Tire had 0.0% failure rate, while Jiffy Lube and Car-X are tied with a 10.0% failure rate. The best automotive franchises for you depend on your needs and franchisor requirements, so research each automotive business opportunity thoroughly. All of these franchises have plans to expand and grow franchisees, so click on each to find out more information.
- Goodyear Tire
- Valvoline Instant Oil Change
- Kwik Kar Oil & Lube
- Jiffy Lube (tie)
- Car-X Muffler Shop (tie)
Getting Out: Important Points for Selling a Franchise
In either case, the franchisee’s right to sell the franchise will be governed by the transfer provisions in their franchise agreement.
Best Franchises for Young Entrepreneurs
Politicians, academics, and corporate leaders alike love to proclaim that the "dreams of the youth" will drive our country's economic future. It's a fine sentiment, to be sure, but many of these same leaders, blind to the realities of the modern American (and global) economy, seem to incorrectly believe that these youthful dreams include following the increasingly unreliable path of earlier generations. Get a clue!
Watch out, Franchisees! 10 Franchisor Red Flags
Only a limited number of states require registration by franchisors, and franchisors are by no means required to register in states where they have no intention of selling franchises. However, if a mature franchisor appears to be consciously avoiding the registration states, this may suggest some level of internal concern about the FDD, the franchisor’s sales tactics, or the franchise system as a whole. The cover pages of the FDD will identify where the franchisor is required to register (and whether it has registered or not), and the charts in Item 20 of the FDD will explain whether the franchisor has ever sold a franchise in any of the registration states.
