What’s So Great About Auto Repair Franchises?
There are many articles you can read on this blog that point to all the benefits of owning an auto repair franchise. Why the automotive business is strong. Why auto repair franchises are superior to both dealerships and completely independent shops. And what signs one should look for to tell the truly great auto repair franchises from the not so great ones.
But this article will try to do something a little different. Here, we will attempt to distill all that is great about auto repair franchises in a measly 500 words or so. It’s a tall order. But we wanted an article that states in no uncertain terms just why you should consider investing your money into an auto repair franchise. Here is what’s so great about auto repair franchises.
Franchises are Great
Franchises of any kind can be great. Regardless of the industry, franchises offer the best of both worlds: independence and autonomy balanced by an already established brand name and a template for success. Many of us dream of being our own bosses. Becoming a franchisee can be a realization of that dream. Many completely independent auto repair shops fail, because they don’t have the support and the backing that auto repair franchises have.
The Auto Repair Business is Great
OK, so maybe franchises really are the cat’s pajamas. But why should you buy an auto repair franchise over all the other possible types of franchises you could buy. The answer to this is simple: no other industry is as stable with as large a customer base as is the automotive aftermarket.
The automotive aftermarket consists of any business that has to do with vehicles after their initial purchase, so re-selling, repairs, all of that. And right now, the automotive aftermarket is looking stronger than it has ever been. There are more vehicles in America now than ever before, so there is a huge potential customer base. But it goes beyond even that.
Americans are holding on to their vehicles longer than they have before. They want to get more mileage out of them. So not only are there more vehicles on the road in total, but there are more older vehicles on the road than ever before. Older vehicles need more repairs, service, and maintenance than do new vehicles. This means there is a huge demand for auto repair franchises.
The Future of Auto Repair Franchises
But what about the future of auto repair franchises? Does it look as bright as the present? It sure does. The global automotive aftermarket industry is expected to reach $722.8 billion by 2020. That is an awful lot of money. And frankly, there is no way to spin this into a negative for auto repair franchises.
But what if electric, hybrid, or even self-driving vehicles take over traditional ones? Well, what if? They will still all need tires. And they will still need maintenance and service. Tire repair franchises have changed and adapted as vehicles have evolved for decades now and it has not hurt the industry. The fact of the matter is that auto repair franchises are on remarkably solid ground.
If would like to learn if Tuffy Tire & Auto Service has an auto repair franchise for salein your area, please do not hesitate to contact us.Back