According to reports, roughly two hundred and sixty – nine million transports including cars, motorcycles, trucks, buses, and different vehicles were registered in America by the end of 2016, making the U.S. the second biggest car market on the planet. In 2015 alone, consumers in the U.S. spent some $181.3 billion on auto maintenance and repair.
Even with bigger organizations taking a huge share of the industry, smaller contenders such as private automotive industries can still flourish with the perfect technique. You can start up an auto parts business by creating short – term promotions to improve sales or by investing in high – level expertise and excellence in the service you are offering.
As we know, accidents go hand in glove with fast traffic and people are always eager to replace the damaged parts immediately. The insurance companies, after analyzing the costs of an accident, prefer to suggest aftermarket parts in place of original manufacturer parts. So, both parts can attract a good sale.
However, you should ensure that your auto parts shop offers your clients better value, prompt delivery, a wider range, better quality or specialty items that are hard to get elsewhere, and you can also work to build more grounded, long – term client relationships.
Many Americans are do – it – yourselves when it comes to car repair, making an auto parts shop an excellent choice if you’re looking to start your own business. With more than 260 million used cars on the road today, the market for auto parts products is vast.
Auto part shops supply replacement parts in a retail setting. Many car enthusiasts, shade – tree mechanics, and do – it – yourself (ers) look to auto parts stores to provide aftermarket products as well as repair advice and guidance. Add to that all of the parts people buy to customize and personalize their vehicles, and this is an opportunity that shows no signs of hitting the brakes.
With an auto parts franchise you can supply necessary products to individuals, car dealerships and wholesale distributors alike including car parts like brakes, air filters, radiators, fuel pumps and more. If you are very interested, here are top franchises to consider.
24 Best Auto Parts Franchise Opportunities and Their Cost
1. 1 – 800 – RADIATOR & A/C
This company integrates cutting edge technology, enormous buying power and great vendor relationships with locally owned and operated franchised businesses to provide the best solution for the wholesale auto parts industry.
The 1 – 800 – Radiator & A/C franchisee has on average 1,000 automotive type businesses as its primary customers, including parts stores, gas stations, repair shops, body/collision shops, new and used car dealers, junk yards, and radiator repair shops. A fully integrated proprietary software system (System) gives franchisees a strong competitive advantage over local competitors in their market.
Financial Requirements
- Liquid cash requirement: $400,000
- Net worth requirement: $800,000
- Initial Investment: $300,000 – $1,000,000
- Initial Franchise fee: $45,000
- Royalty: 10.0 percent
2. BumperDoc
BumoerDoc is the one – stop shop for auto body repair, auto reconditioning, and auto appearance needs. Customers can find many high quality services under one roof, including bumper repair, dent & ding removal, window tinting, windshield repair, auto detailing and more.
Established in San Diego, California, BumperDoc introduced a single location providing a variety of quality automotive services at reasonable prices that could often be done in a day or less, and in doing so experienced enthusiastic acceptance from customers and business partners alike.
Propelled by this success, BumperDoc began to expand into new locations, bringing its brand of automotive service excellence to more and more communities, and providing excellent opportunities for people to get into business for themselves.
Financial Requirements
- Initial Investments: $151,345 – $290,095
- Initial Franchise fee: $34,995
- Royalty fee: 7 percent
- Liquid cash requirement: $40,000
- Net Worth requirement: $250,000
3. Ziebart
Ziebart is renowned as the worldwide leader in automotive appearance and protection services. Ziebart provides superior products and services to enhance the appearance of vehicles and offers a diverse business model in growing industries. They specialize in: professional automotive detailing, window tinting, paint protection films, ceramic coatings, fabric protection, and rust protection, sprayed – on bed liners, glass repair, scratch repair, and accessories.
Financial Requirements
- Initial Investment: $150,000
- Total Investment: $228, 000 – $451, 000
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Precision Tune Auto Care, Inc.
This company owns and operates auto service centres that provide scheduled maintenance, services, and repair services for autos, light trucks, SUVs, and minivans in the United States and internationally. It was established in 1975 and is based in Leesburg, Virginia.
Financial Requirements
- Initial investments: $127,000 – $253,600
- Net – worth Requirement: $350,000
- Liquid Cash Requirement: $100,000
- Initial Franchise Fee: $25,000
- Ongoing Royalty Fee: 7.5 – 6 percent
- Ad Royalty Fee: 1.5 percent
5. Midas
Midas offers repair and maintenance services on shock absorbers, brakes, tires, batteries, radiators, heating and cooling systems etc. The company was established in 1956 in Macon, Georgia by Nate Sherman. It also provides franchise opportunities.
Financial Requirements
- Initial Investment: $181,650 – $459,587
- Net – worth Requirement: $250,000
- Liquid Cash Requirement: $75,000
6. Auto Herb
Established in 2014, this is one of the most recognized brands across the nation with exclusive car treatment and detailing services like coatings, full spa, paint protection, surface treatment, interior treatment, parts restoration etc.
Financial Requirements
- Initial investments: $15,000 – $20,000
- Capital Investments: $15,000 – $20,000
- Equipment Investment: $8,000
- Expected Payback Period: 6 Months to 1 year
- Expected ROI: 115 percent
- Initial Franchise Fee: $3,500
7. Tint World
Established In 1982, Tint World® has provided high – quality window tinting and vehicle accessories to people who love their cars. With a large selection of automotive products and services, clean, attractive facilities, and superior customer service, Tint World® has become America’s favourite place for auto styling and accessories.
Tint World® Automotive Styling Centres specializes in auto window tinting, car audio video, auto security, styling accessories, auto detailing and reconditioning services. Tint World® is also the leading franchised provider of automotive, residential, commercial, and marine window tinting and security film services.
Financial Requirements
- Initial Investment: $50,000
- Total Investment: $99,974 – $178,818
- Initial Franchise Fees: $30,000
8. Big O Tires, LLC.
This company is renowned as North America’s second largest franchiser of tire retailers. The company was established in 1962, when it split from OK Tires. It is headquartered in Palm Beach Gardens, FL, and has more than 380 franchises in 19 U.S. States.
It sells its own Big O private brand tires and other brands. Coupled with selling and servicing tires, wheels, and alignments, Big O Tires provides basic maintenance and replacement services such as lube, oil, and filter changes, including engine and cabin air filters, battery and lamp replacement, and brake service.
Financial Requirements
- Initial investments: $260,200 – $1,137,428
- Net – worth Requirement: $300,000
- Liquid Cash Requirement: $100,000
- Initial Franchise Fee: $30,000
- Ongoing Royalty Fee: 2 – 5 percent
- Ad Royalty Fee 4.45 percent
9. Pop – A – Lock
Pop – A – Lock is the largest network of security professionals in North America, in over 8,900 communities. The company and its field partners provide an extensive range of locksmith services for automotive, residential and commercial clients, as well as industry leading security installation and repair for residential, commercial and governmental scenarios. Through its “PAL Saves Kids” program, they have saved over 350,000 children, from locked vehicles, since 1991.
Financial Requirements
- Initial Investment: $30,000
- Total Investment: $100,000 – $150,000
10. Glass Doctor
Glass Doctor®, a Neighborly® company, provides an extensive range of glass repair and replacement services to residential, automotive and commercial markets at more than 185 locations throughout North America. Founded in 1962 as a single shop in Seattle, Wash., Glass Doctor® began franchising in 1977.
Acquired in 1998, Glass Doctor® is part of Neighborly®, the world’s largest home services franchisor of 25 brands (including Neighborly® umbrella service brand) and more than 4,000 franchise owners serving 10 million+ customers in nine countries, focused on repairing, maintaining and enhancing homes and businesses.
Financial Requirements
- Total Investment: $132,000 – $276,000
11. SpeeDee Oil Change & Auto Service
SpeeDee Oil Change & Auto Service® is a franchised – based full – service automotive care company. They strive to provide the finest and most personalized car care for every vehicle they service with trained technicians, state-of-the-art computerized diagnostic equipment, and quality name brand parts and products.
They also help customers keep their vehicles running longer and help achieve maximum mileage and performance by offering SpeeDee Performance Certified Service and their Total Trust Guarantee™.
Financial Requirements
- Initial Investment: $60, 000
- Total Investment: $197, 000 – $538, 000
12. Batteries Plus Bulbs
This is a chain of battery and light bulb products stores in the United States and Puerto Rico providing also tablet and phone repair service. The company was established in 1988 and is based in Hartland, Wisconsin.
Financial Requirements
- Initial Investment: $190,144 – $367,358
- Net – worth Requirement $250,000
- Liquid Cash Requirement $100,000
- Initial Franchise Fee $37,500
- Ongoing Royalty Fee 5 percent
- Ad Royalty Fee 1 percent
13. Moran Family of Brands
Moran Family of Brands is a franchise management company. They currently manage the franchises of Mr. Transmission, Multistate Transmission, Milex Complete Auto Care, and Alta Mere the Automotive Outfitters and our home – based franchise SmartView Window Solutions. They are very dedicated to the unity, stability and growth of the franchises that are a part of the Moran family.
Financial Requirements
- Initial Investment: $35,000
- Total Investment: $204, 000 – $288, 000
14. Honest – 1
This company boasts of being the United States’ only ESA compliant, Eco – Friendly Auto Care chain that offers a full range of top – quality automotive service and repairs. The company was established in 2003 and is based in Scottsdale, Arizona.
Financial Requirements
- Initial Investment: $206,650 – $659,150
- Net – worth Requirement $700,000
- Liquid Cash Requirement $200,000
- Initial Franchise Fee: $45,000
- Ongoing Royalty Fee: 6 percent
- Ad Royalty Fee: 1 percent
15. PIRTEK
PIRTEK franchise owners are important providers of hydraulic hose repair, replacement and maintenance services. As an owner, you’ll coordinate a team of PIRTEK – certified technicians, an over – the – counter sale and service headquarters and a fleet of mobile PIRTEK vans for on – site maintenance, repair and emergency services.
Each franchisee receives: PIRTEK’s award – winning franchise support system helps each new franchise owner with site selection, development, sales, marketing, employee certification, advertising, technical advice, customer support and so much more.
Financial Requirements
- Initial Investment: $150,000
- Total Investment: $339,000 – $623,000
- Initial Franchise Fees: $50,000
16. SmartView Window Solutions
Smart View Window Solutions is offered as a co – brand service with Alta Mere the Automotive Outfitters. For a minimal investment, Smart View provides entrepreneurs with the opportunity to add services to the Alta Mere the Automotive Outfitters franchise.
Smart View Window Solutions specializes in residential and commercial window tinting. Smart View products meet the demand for energy efficiency, heat rejection and UV rejection to help home, automotive, and business owners’ lower costs and protect their valuables.
Financial Requirements
- Initial Investment: $30, 000
- Total Investment: $64, 000 – $85,000
17. Color Glo International
This company offers services in restoration and repair of leather, vinyl, velour, cloth and hard plastics commonly found in the markets of Automotive, Aircraft, Marine and Furniture. The company was established in 1975 and is based in Minneapolis, Minnesota. Color Glo also provides franchising opportunities and as of 2018 owns and operates 78 franchises in the United States and 65 ones outside the country.
Financial Requirements
- Initial investments: $56,300 – $61,375
- Net – worth Requirement: $50,000
- Liquid Cash Requirement: $50,000
- Initial Franchise Fee: $33,000
- Ongoing Royalty Fee: 4 percent+
18. Mighty Auto Parts
This company supplies aftermarket – parts to the automotive service industry. The company was established in 1963 and is based in Norcross, Georgia. Mighty Auto Parts also provides franchise opportunities and as of 2018 operates 96 franchises in the United States.
Financial Requirements
- Initial Investment: $154,100 – $390,400
- Net – worth Requirement $500,000
- Liquid Cash Requirement $100,000
- Initial Franchise Fee $15,500 – $40,000
- Ongoing Royalty Fee 5 percent
- Ad Royalty Fee 0.5 percent
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Interstate Batteries
As a franchisee, you get the opportunity to offer over 16,000 different batteries that can power almost anything in the home or office. You’ll find watch batteries, car batteries, and every size of alkaline battery – and that’s just for starters! Best of all, if someone can’t find the battery they need at an Interstate Batteries location, the goal of the organization is to find it or build it for them.
Financial Requirements
- Initial Investment: $200,000
- Total Investment: $177,600 – $338,800
- Initial Franchise Fees: $37,500
20. RNR Tire Express
This is a national franchise retailer of quality tires and custom wheels offered with convenient, affordable payment options designed to fit each customer’s unique budget. Founded in 2000 as RENT – n – ROLL, RNR has grown to over 100 locations in 22 States. Coupled with offering the largest selection of brand name tires and wheels, RNR also provides exceptional customer service and free professional installation.
Additionally, RNR stores sell custom wheels and tires, with a rent – to – own option (called Rent – N – Roll) that allows customers to make weekly, bi-weekly or monthly payments. Based in Tampa, Florida, the company began franchising in 2003.
Financial Requirements
- Initial Investment: $500,000
- Net – worth Requirement: $1,000,000 – $100,000,000
- Liquid Cash Requirement: $500,000 – $1,000,000
- Total Investment: $500,000 – $1,000,000
21. Paint Bull
This company has been in operation since 1989 helping individuals become self – employed in the automotive restoration industry fixing minor damage on vehicles such as stone chips, key scratches, door dings, scuffed bumpers and more, virtually any cosmetic damage found on a vehicle.
Paint Bull Affiliates come from all walks of life – but they all have a few things in common: they like cars, they are not afraid of hard work and they want to be self – dependent! Paint Bull presently works with hundreds of Mobile Automotive Restoration Business Owners throughout the United States and Canada. Most make their living fixing minor damage on vehicles for Car Dealerships, Detail Shops and the General Public.
Financial Requirements
- Initial Investment: $1,000
- Total Investment: $10,000 – $49,995
- Business Fees: $5,000
22. Grease Monkey
The Certified Pit Crew Program is the cornerstone of the Grease Monkey business model requiring their teams to deliver speed, quality and a remarkable service to every customer, at every visit. The company will provide the training you need prior to your opening and on an ongoing basis. Training is conducted in its corporate headquarters as well as in the field and they offer an online training university that is available 24/7 for you and your employees.
Financial Requirements
- Initial Investment: $60,000
- Total Investment: $157,000 – $348, 000
23. LINE – X
This company is renowned as North America’s largest retail automotive aftermarket franchise and leading provider of high performance spray – on bed liners and specialty automotive coatings. The company was established in 1993 and is headquartered in Huntsville, Alabama.
Financial Requirements
- Initial investments: $125,336 – $318,980
- Net – worth Requirement: $150,000 – $250,000
- Liquid Cash Requirement: $30,000 – $60,000
- Initial Franchise Fee: $15,000 – $30,000
- Ad Royalty Fee: $0.10/lb.
24. Meineke Car Care Centres
Sam Meineke started with a single store in Houston, TX in 1972. The initial concept of providing exhaust service at discount prices has grown to include complete brake service, oil and lube service, front – end alignment, shock and strut service and Catalytic converters. Meineke Car Care Centres also provides franchise opportunities.
Financial Requirements
- Initial investments: $122,758 – $572,540
- Net – worth Requirement: $250,000
- Liquid Cash Requirement: $110,000
- Initial Franchise Fee: $35,000
- Ongoing Royalty Fee: 5 percent
- Ad Royalty Fee: 8 percent
After going through the list above, you will find that many of these auto parts franchise opportunities have one thing in common: they focus in a specific part of the automotive market.
For instance, rather than selling all kinds of auto parts to all kinds of buyers, a company may target a narrow niche and fill it perfectly. That might mean batteries, brakes, mufflers, or something else. However, irrespective of what you sell, meeting the customer’s needs effectively is crucial, just as it is in any other business.