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Maaco Collision Repair & Auto Painting

A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.

Maaco Collision Repair & Auto Painting, abbreviated as MAACO is an automotive painting and body repair company. It was founded on 1972 and has been franchising since 1972. At present, their automotive business dominates production auto painting with an approximate 47 percent market share, and they have no nationally branded competition as well. MAACO's franchising system yearly receives accolades for their accomplishments.

This franchisee is a privately-held company with 167 employees and 9 employees in the franchise department. With nearly 500 MAACO automotive franchise Centers operating in the U.S. and Canada today and system-wide sales approaching half billion dollars, it has been recognized by experts in the franchising industry and the media for their overall excellence, growth potential and helpful support systems.

Their minimum cash investment is 75,000 dollars and they have been able to help with the rest over 95 percent of the time for those with a net worth of over 300,000 dollars. MAACO has been named a reliable leader in its franchise category in the Annual Franchise 500 survey. Their total investment is 324 thousand dollars and franchise fee is 40 thousand dollars. Their Franchise 500 rank is was number 126 in 2004.

With all the continuous hard efforts of all the members of the firm has made it one of the best in the business and has helped them reach to the pinnacle where others can only imagine of reaching. Customer support is one of their primary objective and they strive very hard to fulfill this objective.

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