Are you a budding entrepreneur who is looking for a lucrative franchise? While many people think of fast-food restaurants as the ideal first franchise, others have found a more satisfying lifestyle by owning an automobile franchise. The auto industry may have taken a hit because of the recession, but in many ways that has helped auto and car franchises do better; especially when that franchise covers the auto aftermarket. If you love cars and want to make your living doing something you enjoy, a car related franchise may be right for you.
Here are some tips for buying auto or car franchises:
The most important thing to remember about car franchises is you aren’t restricted to just selling or buying vehicles. Auto repair franchises, oil and lube shops, car washes, transmission services and franchises that specialize in mufflers or brakes all fall under the category of “car and auto franchises.”
In a tough economy, when people are not spending money on new vehicles, the auto aftermarket shops do a brisk business. That’s because people need to maintain the vehicles they already own. They need parts; accessories, tires, brakes, mufflers and new transmissions, and they want them at affordable prices.
There are dozens of franchises that fall into these categories, some national and some regional. To learn more about these franchises, look for web sites that offer tips for buying auto and car franchises. These sites often include listings of available franchises for sale in their FSBO (For Sale By Owner) directories. Some websites have a category page for just about every type of franchise opportunity, as well as a special section with ads for auto and car franchises.