Joel LibavaIf you’re smart, you’ll check out the new franchise report from Franchise Direct. Here’s why…
It’s about cars. Trucks. SUV’s. Crossovers. And sports cars.
The Franchise Direct report is a detailed report on automotive franchises. It’s fact-filled. It may even get you excited about automotive franchising.
The (2016) Franchise Direct Auto Franchise Industry Report
I was in automotive franchising. It’s a fast-paced, exciting business. I had a good run-10 years.
I helped manage a few automobile franchise operations. One of them, I’m proud to say, ended up being a Top 10 franchise. (In the United States) We were always busy. Even in the winter.
FYI: Automotive franchising encompasses more than just car dealers-which are franchise businesses. It includes:
- Aftermarket Parts and Accessories
- Maintenance and Repair
- Cosmetic and Paint-like this one.
- Car Washes and Detailing
- Rental Agencies
Automotive franchising is big business. Think about how many vehicles are around. They’re the most important piece of transportation ever invented.
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Mass production of automobiles changed everything.
(a 1910 Model T Ford. A mass-produced game-changer)
Our Vehicles Need Stuff
Think about all the things our cars/trucks need-after we buy them.
- Gasoline
- Oil Changes/Maintenance
- Repairs
- Body repairs
And more.
Consumers (like you) spend a lot of money on vehicles. A lot. Businesses do, too. Entire fleets are waiting to be serviced.
Could a franchise in the automotive sector of franchising be right for you? Want to find out?
Check Out The New Franchise Report From Franchise Direct
Danny Rivera, the president of Meineke, said this about one part of the automotive franchise industry:
“The auto repair industry is positioned for continued growth over the next few years. The industry is strong and projected to grow at a compound annual growth rate of 3.4% through 2018.”
Growth like that is pretty strong. And wait until more electric vehicles hit the roads. Wow.
I you want to learn about automotive franchise opportunities, spend some time going through the thorough franchise report from my friends at Franchise Direct. It’s a good one.
The 2016 Auto Franchise Industry Report
About the Author
Joel Libava is The Franchise King® — an independent franchise advisor with 25+ years in the industry, two published books on franchising, and his writing has been featured in The New York Times, Forbes, CNBC, Entrepreneur® Magazine and others. In addition, he wrote exclusively for the U.S. Small Business Administration blog for eight years. He doesn't sell franchises. Instead, Joel helps you figure out if franchise ownership is actually right for you — and if it is, teaches you his powerful, proven-to-work franchise research techniques, so you can make a smart, informed decision on a franchise to own and be your own boss.
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