- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$132K - $185K
- Units as of 2023
-
21 16% over 3 years
In 2000, Advanced Maintenance was founded on the idea that trucking maintenance and repair could be done better. Advanced Maintenance strives to keep truckers safe and compliant with Department of Transportation standards. Advanced Maintenance provides preventive maintenance, repair, corrective maintenance, and regular maintenance tracking services.
In 2006, Advanced Maintenance started to offer franchise opportunities to qualified individuals. Now the company has over 15 franchise locations across the United States.
Why You May Want to Start an Advanced Maintenance Franchise
Advanced Maintenance technicians perform almost all the work on-site. This is accomplished through fully equipped service vans with onboard electronic diagnostic equipment and EPA-approved oil-recovery systems. Advanced Maintenance provides a system that tracks when trucks need maintenance. This system calculates the truck's usage patterns and the needs of each truck. Then, the technicians can schedule an appointment.
The ideal franchisee for Advanced Maintenance should have proven leadership, management, and communication skills. Franchisees may also need customer service and networking skills, as franchisees will be expected to develop relationships with clients that bring repeat business.
Advanced Maintenance franchisees should have a strong work ethic and a determination to grow their location. Franchisees do not need experience in the trucking industry. However, they should have some experience in business operations.
What Might Make an Advanced Maintenance Franchise a Good Choice?
Franchisees may be offered extensive training on how to run an Advanced Maintenance franchise. Training includes help on how to identify and hire service technicians. The training may also include ways to help service technicians improve their skills.
To be part of the Advanced Maintenance team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set liquid capital requirements.
As you decide if opening an Advanced Maintenance franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if an Advanced Maintenance franchise would do well in your community. You may want to make sure you have the right clients that will need your services regularly.
How to Open an Advanced Maintenance Franchise
Before making any financial commitment or signing an agreement, it is crucial that you perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Advanced Maintenance franchising team questions.
If awarded a franchise, franchisees may receive support from the Advanced Maintenance brand throughout the franchising process. In addition to pre-opening training, franchisees could receive support through brand awareness, marketing, and territory research. Advanced Maintenance franchisees also receive hands-on training and continued support after their franchise location has opened should any issues arise.
It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate an Advanced Maintenance franchise.
Company Overview
About Advanced Maintenance
| Industry | Automotive |
|---|---|
| Related Categories | Automotive Repair & Maintenance Services, Miscellaneous Automotive Products & Services, Miscellaneous Business Services, Miscellaneous Maintenance Businesses, Miscellaneous Services |
| Founded | 2000 |
| Parent Company | AMOS Franchising Systems Inc. |
| Leadership | Chris Holman, CEO/Director of Franchising |
| Corporate Address |
2820 N. Kerr Ave. Wilmington, NC 28405 |
| Social | Facebook, LinkedIn |
Business Overview
| Franchising Since | 2006 (18 years) |
|---|---|
| # of employees at HQ | 26 |
| Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming This company is offering new franchises in the following international regions: Asia, Europe (Eastern), Canada |
| # of Units | 21 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Advanced Maintenance franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$35,000 |
|---|---|
|
Initial Investment
|
$132,350 - $185,100 |
|
Net Worth Requirement
|
$250,000 - $1,000,000 |
|
Cash Requirement
|
$35,000 |
|
Veteran Incentives
|
$5,000 off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
to 1% |
|
Term of Agreement
|
5 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| In-House Financing | Advanced Maintenance offers in-house financing to cover the following: equipment, inventory, accounts receivable, payroll |
|---|---|
| Third Party Financing | Advanced Maintenance has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 80 hours |
|---|---|
| Classroom Training | 80 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 2 |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Advanced Maintenance landed on this year's Franchise 500 Ranking versus previous years.
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