Automotive repair franchises can be smart investment opportunities. Find out why partnering with Moran Family of Brands is the right choice for you.
Franchising Paves Way to New Career
Fear of a looming recession is putting many large companies on notice, and employees are grappling with news of impending layoffs. Finding a solid job at a large company used to somewhat guarantee career longevity and financial security. Older generations spent their careers climbing the corporate ladder at a single company and were rewarded when they retired with a comfortable pension and a nice gold watch. Today’s corporate world paints a different picture. Americans are working longer hours for less pay. Fear of their role being outsourced or downsized is taking a toll.
If your corporate job is leaving you feeling depleted and unengaged, it’s time to evaluate new opportunities where you can sit in the driver’s seat. Franchising allows people with solid management experience and drive to strike out on a new path. Entrepreneurship is attainable when you have the right partner, one that can offer proven processes and brand recognition. One where franchise owners receive ample training and support to help them achieve their career goals.
There are approximately 775,000 franchises in the U.S. Finding the right opportunity to achieve your lifestyle and financial goals can be overwhelming. When you’re exploring options, it’s important to look at recession-resistant industries with growth potential.
Success Runs in the Family at Moran
Moran Family of Brands franchises six brands in the aftermarket automotive and window tinting industry. We have more than 30 years of experience helping entrepreneurs achieve their business vision. If you’re a car aficionado or just a savvy businessperson, automotive repair franchises provide a solid investment for people who are ready to chart a new course.
Benefits of an Automotive Repair Franchise
As you explore franchise opportunities, it’s important to evaluate your options. Here are a few benefits of partnering with Moran’s car service franchises.
High-demand industry. The future is bright for the auto repair industry. The aftermarket auto industry is on track to grow 3.4% each year, reaching $559.9 billion by 2030, according to Research and Markets. Soaring new car prices are sending up the age of cars on the road, raising the demand for auto repair and maintenance.
The average American has spent $2,000 on vehicle repair and maintenance over the last five years. But, changes in environmental laws may send that amount higher. In a bid to reduce the negative effects of climate change, many states are increasing the stringency of emission and fuel efficiency regulations and engine downsizing. Complying with tougher guidelines will require Americans to stay on top of car maintenance and repair to ensure their vehicles pass inspection.
Co-branding focus. Auto repair franchises with a wide range of services generate higher ticket prices and provide one-stop shops for customers crunched for time. At Moran, we leverage our brands by offering franchise owners co-branding opportunities. Our co-branded locations offer multiple revenue streams and boast strong repeat business. Owners can maximize service offerings and become trusted leaders in the community by taking advantage of a low co-branding franchise fee.
Training. With an initial investment ranging from $118,297 to $296,767, Moran franchise owners receive ample training and ongoing support. We offer three weeks of training, which includes one week of online training, a week at our corporate headquarters, and the remaining time participating in field training.
Our corporate headquarters offers ongoing support and guidance to help you stay abreast of the issues and developments impacting the industry. In addition to formal training, we also assist new franchise owners with a variety of pre-opening requirements, including real estate, hiring, and marketing.
Tenured team. Moran was founded by Dennis and Cele Moran and their daughter Barbara Moran-Goodrich. The company remains focused on family, and many of our franchisees are second-generation owners. Our team grew up in the industry and has the experience and knowledge to evolve the business as customer trends and technology change.
To learn more about Moran’s automotive repair franchises, fill out the online form to request information and schedule a time to connect with a franchise business consultant.