With over 282 million vehicles registered in the U.S., there’s no shortage of demand for auto repair services. By owning an auto repair franchise, you can capitalize on this demand. With 25% of U.S. cars reported to be at least 16 years old, more people are keeping their cars longer and increasing the need for franchises specializing in car maintenance and repairs.
Opening an auto repair franchise could be the ideal opportunity for someone with a passion for both cars and customer service. With a reported 280 million vehicles in use in the U.S., the market potential in this industry is enormous. Instead of opening an independent auto repair franchise in your area with no reputation or brand to lean on, consider taking the franchise approach. In addition to training and assistance with launching and managing your business, the franchise model gives your new business instant credibility and the opportunity to hit the ground running in this lucrative but competitive space.
Is Auto Repair Right for You?
For an auto repair franchise to make sense for your next business venture, a few key pieces need to be in place. First, you should have some existing knowledge of automotive repair, even if you aren’t a licensed technician. Coming into this market with no history or relevant experience could be a tough transition.
This is also an opportunity best suited for those with strong communication skills. As a franchise owner, you’ll probably spend more time at the counter talking to customers than you will under the hood. Having the ability to relate to people and help them solve their problems is a major asset in this industry.
Auto Repair Industry Trends
While cars have been traveling American roads for well over a century, the auto repair industry is constantly evolving. Perhaps the biggest change in recent years is the leap in technology that is featured inside vehicles. Cars today are essentially rolling computers, so auto repair businesses need to keep up with the cutting edge of technology to work on such advanced machines.
Another important trend to note for anyone in this industry is the lack of qualified technicians in the marketplace. Performing automotive repair is a skill that requires plenty of training and experience, and people with those skills are hard to find. Business owners in this space will need to properly reward their technicians in order to retain them over the long term.
