HORSHAM, Pa. (July 21, 2016) — AAMCO Transmissions Inc. expects the number of franchised AAMCO Total Car Care centers to grow by at least 55 this year, based on deposit agreements it has received thus far in 2016 from current and prospective franchisees.
“AAMCO is experiencing yet another strong year of growth and development,” said Brett Ponton, CEO and president of AAMCO and its parent company, American Driveline Systems Inc.
“Our brand's proven business model has stood the test of time and is only continuing to evolve as we look for new ways to simplify and improve operational efficiencies. AAMCO's success can also be attributed to the dedication of our strong franchised operators who are committed to providing the best service experience to their customers.”
Horsham-based AAMCO also noted that the average sales volume per outlet grew 4.1 percent in the year's first half over 2015 to $669,607, based in part on the initiation of a consumer financing program that gives customers access to multiple lenders through one credit application.
This new technology, developed by Versatile Credit Inc., has proved successful in maximizing loan approval rates and amounts, AAMCO said, and thus should help drive long-term franchisee profitability.
As part of its accelerated growth strategy, AAMCO is focusing the chain's expansion efforts in target cities nationwide, including Atlanta, Baltimore, Chicago, Denver, Miami, Los Angeles, Seattle and Washington, D.C., among others.