The US automotive market has been continuously growing over the years more than 288 million cars currently on the road. Since the pandemic has halted the production of new cars, used car prices have risen by 30%, more than inflation itself. This has meant that the average vehicle age has risen to 12 years – the oldest cars have ever been in the US.
With cars becoming more expensive to buy, it is not surprising then that car owners are more focused on vehicle maintenance. While some customers have postponed their auto repairs due to the lack of travel, others are determined to extend their car’s life through proper maintenance. This meant that the automotive industry has grown in 2022 in all areas making the car franchise business more profitable.
The Car Franchise
Automotive franchises are only a part of the growing automotive industry in which the car aftermarket business value is expected to reach “$828.6 billion [globally] in 2023”. From simple car maintenance services like tires and oil change to car wash and car rental centers, this franchise industry has endless opportunities to offer.
To help you navigate the vast range of franchising opportunities, we have prepared a menu without top automotive franchises in 2022. We have purposely included franchises offering a variety of services and business options, in order to guide you through your journey.
Top 9 Car Franchises in the US
As the auto market continues to grow, so do the opportunities in the franchise industry. Here we list the top automotive franchises, covering a wide range of services from car rental centers, and mobile vehicle repair, to tools for auto mechanics.
Car Tools Franchises
The following are the top automotive franchises focused on selling tools to professional mechanics or hobbyists.
1. Snap-On Tools
The Snap-On Tools brand is so popular with auto mechanics that it’s easy to miss the fact they are a franchise business. Since 1921, they have maintained the high quality of their tools, making them the most trusted and reliable brand in the industry.
Apart from being a low-investment entry franchise, Snap-On Tools offer free marketing and initial training for franchisees. They are also flexible on how you run your business – whether it is a mobile unit or a fixed shop, is entirely up to you.
2. Matco Tools
Another brand in the auto tools industry, Matco Tools serves both professional car mechanics and enthusiasts. They also boast 19 consecutive years of ranking in the Top 50 Franchise 500 by Entrepreneur Magazine. Matco Tools also have some of the most exciting marketing partnerships, including Universal Studios and TV Brand Muscle Car.
The company offers opportunities in both multi-unit franchises, as well as single shop business options. With a customized growth route for your business, Matco Tools also provide one of the best support systems for their franchisees, through the Matco Business System Training Program. Other than the courses on sales, marketing, and tools, the program also includes support for using the proprietary Matco Business Application (software).
Car Repair Franchises
The following list includes franchises that offer customers auto repair services including oil change, tire change as well as collision centers.
3. Valvoline Instant Oil Change
Valvoline Instant Oil Change has been in the industry for over 25 years, providing preventive maintenance services in neighborhoods across the States. They have multiple franchising options for those wanting to start their own automotive franchise. One option allows an independent automotive service center to include the brand amongst its existing range, giving the franchisee more flexibility.
Thanks to their deep knowledge of the auto service industry, they are able to offer their franchisees a unique Talent Management system. The system makes it easy for car franchise owners to recruit, assess and develop their employees so that they provide their customers with the best possible service.
4. Jiffy Lube Inc
Jiffy Lube Inc is the Number 1 preferred national chain in this part of the automotive franchise world. Not only is it the number 1 in the services that they offer, but they are the top customer preference. Not to mention, is it indirectly owned by one of the biggest oil companies in the world, Shell Oil.
If you choose to invest in a Jiffy Lube franchising opportunity, you will be joining Jiffy Lube Connect, a communication portal for all franchisees of the company. This means that you will learn, and receive advice and knowledge from others who have had success. What’s more, the perks are also extended to your employees, with up to 25 hours of college or trade school credits.
5. Big O Tires
The Big O Tires company ranked #1 in the Wheel and Tire category for 2020 by Entrepreneur magazine. Apart from servicing and selling tires, the company also offers standard maintenance and car care services, including lube and oil change, air filter replacements, and brake service.
Thanks to their established business model, Big O Tires franchisees can feel confident they will be receiving high-quality training and a reliable supply chain network. The company also offers the opportunity to own a multi-unit franchise, a franchising option for more ambitious business owners.
6. Glass Doctor
Founded in 1962, Glass Doctor offers complete glass service, repair, and replacement services for cars. They have more recently also extended their services to residential and business glass. The company currently has more than 150 existing locations in the US and Canada and an additional 13 locations globally.
One of the greatest benefits of joining the Glass Doctor franchise is that it belongs to the bigger home services group Neighborly. This means that you will receive high-end training and support, as well as access to their scheduling and billing software.
CARSTAR operates both fully branded, but also independently owned collision center franchises. With 53% of their North American locations part of an MSO group, CARSTAR is one of North America’s largest MSO networks. They are also well known for their nationwide customer warranty, proof of their consistent high-quality repair services.
The CARSTAR auto repair franchise is the only one that has a dedicated purchase team who negotiates directly with suppliers for their franchisee’s benefit. As part of the brand, you will be able to access unbeatable prices from over 50 partners in their network.
Car Rental Service Franchises
The following list includes the top vehicle rental companies to invest in, offering high-quality service to both the customer and the franchisee.
8. The Hertz Corporation
The Hertz franchise is amongst the best and most known car rental brands globally and the number one airport car rental company in the world. They offer franchise opportunities within the US, Canada, and internationally.
Hertz offers their franchisees one of the best lists of strategic partners, such as airports, hotels, and other companies that will consistently bring in customers. Furthermore, franchisees can take advantage of more than 10 marketing channels that the company offers.
9. Avis Budget Group
The Avis Budget Group includes brands such as AVIS, Budget, Zipcar, and Payless Car Rental and is a brand known not only in the US but globally. The AVIS business model offers franchise opportunities at various investment levels. The initial franchise fee starts from $25,000 and increases depending on the country, number of customers, and brand you choose to invest in.
The franchise is proud to announce that their average franchisee relationship is 23 years, proof of the franchise’s success. The group also builds strong relationships with its franchisees by offering continuous training, a marketing library, as well as website support.
If you love cars, understand them, or simply enjoy seeing others drive them, then you are halfway to success. The other half is the booming auto repair industry, one that has not been impacted as much by the standstill of other industries.
With so many franchising options, there has not been a better time to join the car franchise world. Reach out to a free franchising consultant who can help you search for the most suitable investment for you. Based on your location, related skills, and financial commitment, your consultant will help you find the perfect franchise for you.