Two Automotive Maintenance Franchises with Veteran Discounts for 2022
As we look to 2022, many Americans are taking advantage of their new full-time remote work flexibility to move away from cities and into more suburban and rural areas. This trend has the automotive maintenance franchise industry poised to make large gains in 2022.
According to Research and Markets, the Global Automotive Market consisted of 85.32 million vehicles in 2020 and is expected to reach 122.83 million vehicles by 2030, growing at a CAGR of 3.71% from 2020-2030. The key market drivers for this growth are constant investments in research and development of new technologies and innovations such as electric vehicles, customers' demand for unique and costly features, and a rise in need for more utility and all-purpose vehicles in more suburban and rural climates. Globally, the automotive industry is being propelled by multiple factors such as the high supply of skilled labor lowering the cost, and low-cost steel production.
Check out these automotive maintenance franchises ready for the drive-in sales:
Mighty Auto Parts
Founded in 1963 and franchising since 1970, Mighty Auto Parts has grown to over 100 locations. The franchise has attributed its success to working entirely in a wholesale business model as an auto parts supplier. Mighty Auto Parts offers a 25% discount on the initial franchise fee, Initial Training & Set-up Fee waived ($7,500), and special payment terms on initial inventory. Startup costs to open a Mighty Auto Parts franchise begin at $80,000. To learn more about a franchise opportunity with Mighty Auto Parts, click here.
Founded in 1959 and franchising since 1962, automotive detail franchise Ziebart has grown to more than 1,200 service centers and 400 locations in 34 countries. Ziebart franchises offer professional automotive detailing, window tinting, paint protection films, fabric and rust protection, sprayed-on bed liners, glass repair, scratch repair and more. Ziebart offers qualified veterans a 100% discount on its initial franchise fee. Startup costs to open a Ziebart franchise begin at $150,000. To learn more about a franchise opportunity with Ziebart, click here.
The franchise business model provides comprehensive training opportunities, scalability, and the need for operational execution and excellence, offering an ideal career path to enable veterans to become productive participants in the U.S. economy.
The IFA Foundation’s VetFran program supports veterans and their spouses’ ability to access franchise opportunities through education on the franchise industry, financial assistance, and industry mentorship. If your franchise company values veteran franchisees and veteran employees and you want to make a more meaningful commitment to living those values and goals every day, joining VetFran is the single most impactful thing you can do today. Get more information or become a member and support Veterans around the nation.