Mr. Transmission, a 94-unit chain of auto repair specialists, earned a spot on the Franchise Times’ annual ranking of the 400 largest franchise systems in the United States by global systemwide sales.
The Franchise Times Top 400 is one of the most comprehensive rankings of franchise systems in the United States. A team of seven researchers and reporters spent five months collecting, verifying, and analyzing the numbers to generate the Franchise Times Top 400 ranking of the 400 largest U.S. franchise systems. The research team pores over voluntary reports and publicly available data, including the franchises’ most recent franchise disclosure documents and Securities and Exchange Commission filings to determine the lineup.
"We are very proud of the recognition Mr. Transmission received in the franchising community," said Peter Baldine, President of Moran Family of Brands, the franchisor of Mr. Transmission. "Being identified by the Franchise Times as a top franchise brand is a tribute to the success of Mr. Transmission and the performance of our exemplary franchisees."
Mr. Transmission Offers Franchise Advantage
Moran Family of Brands is one of the nation’s leading franchisors of general automotive repair, transmission repair, and window tinting services. Moran franchises six different brands in the aftermarket auto industry, including Mr. Transmission, Turbo Tint, and Milex Complete Auto Care. Moran offers budding entrepreneurs a game plan for success with ample support and training. The company has a long history of enabling small business owners to become integral members of the communities they serve, and its auto repair brands are positioned for long-term and sustainable growth.
The Mr. Transmission brand specializes in repair and installation of a vehicle’s transmission systems and drivetrain components. The average ticket price for a car repair ranges from $500 to $600, AAA reported. As the vehicle’s gearbox, transmission rebuilds run around $2,500, making it a lucrative franchise business opportunity. Total investment for a Mr. Transmission location is $118,219 to $296,767, depending on whether you open a single or multi-brand location.
Here are a few reasons Moran makes a winning partner.
Co-Branding Opportunity. Moran gives its franchisees the advantage by offering customers a one-stop shop for all of their car-care needs. Franchisees have the ability to co-brand to offer more services and have multiple profit centers. Multi-brand franchising allows business owners to advertise to 100 percent of the potential market and generate strong repeat business. Mr. Transmission and Milex Complete Auto Care locations provide the same fixed overhead with two revenue streams, as well as a lower franchise fee.
Start-Up Assistance. Moran offers pre-opening training and support to help ensure its partners profit. Every franchisee attends in-depth training at Moran’s corporate headquarters, where they learn all aspects of the business. Moran also helps its franchise partners secure financing and real estate for their new venture.
Tools to Succeed. Moran has more than 30 years of experience helping its franchisees run profitable businesses. The company sets franchisees up with a state-of-the-art point of sale system to help efficiently manage administrative tasks. We provide ongoing marketing support and materials to help you add loyal customers from your community. Our training and support help prepare you for all aspects of operations, including recruiting, retention, finances, and scheduling. Moran also makes it a priority to offer regional meetings and reunions to learn best practices from other franchisees in our system.
Car Repair Industry Poised for Growth
Transmission repair shops offer a pandemic-resistant, profitable business investment opportunity. One in four cars on the road is at least 16 years old, reported CarMD, a provider of automotive diagnostic business solutions. In addition, the average age of cars rose to 12.1 years, according to research conducted by IHS Markit, a market research firm. As the age of cars on the road continues to rise, customers will need to make big-ticket repairs to keep their cars in tip-top shape. While the pandemic caused people to tighten their purse strings and reduce spending on all fronts, high new and used car prices signal a bright outlook for the aftermarket auto industry. In 2020, Americans still spent an average of $384 on car repairs annually.
To learn more about business opportunities with a recognized leader in the aftermarket auto industry, visit Moran Family of Brands to be connected with one of our franchise business consultants.