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Body shop franchise concepts can offer a uniquely lucrative investment opportunity because automotive services are needed year-round. With nearly <a href="https://www.statista.com/statistics/859950/vehicles-in-operation-by-quarter-united-states/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-a-body-shop-franchise-a-good-investment-2716350" target="_blank" rel="nofollow">287 million vehicles on the road in the U.S.</a>, the demand for cars, car services and car accessories is big business. Plus, now that the economy is rebounding, consumers are <a href="https://www.plasticstoday.com/automotive-and-mobility/automotive-aftermarket-trending-strong-through-2026?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-a-body-shop-franchise-a-good-investment-2716350" target="_blank" rel="nofollow">expected to treat themselves to new cars</a> this year, which could mean increased demand for the automotive aftermarket industry.In general, automotive franchises in body repair offer a proven method for driving brand recognition, optimizing marketing and streamlining distribution methods. Many body shop locations also combine other services for a co-branded franchise opportunity, which can result in a much larger return on investment. Plus, many auto franchises are built for hands-off ownership, allowing experienced franchisees to expand their portfolios with new units in a massive segment without having to learn a new trade.&nbsp;Initial investment costs will vary depending on the concept, but franchisees should expect to spend at least $100,000 to get their body shop up and running. However, this number could potentially rise. For example, the initial start-up costs associated with opening a new <a href="https://franchise.jiffylube.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-a-body-shop-franchise-a-good-investment-2716350" target="_blank" rel="nofollow">Jiffy Lube</a> center range from $207,000 to $422,650, excluding land. When it comes to profits, the average gross sales for <a href="https://www.maacofranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-a-body-shop-franchise-a-good-investment-2716350" target="_blank" rel="nofollow">MAACO Centers</a> in 2019 was an impressive $1.15 million, according to their website.Some of the best body shop franchise concepts include: <a href="https://www.detailgarage.com/franchising.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-a-body-shop-franchise-a-good-investment-2716350" target="_blank" rel="nofollow">Detail Garage</a>, <a href="https://greasemonkeyfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-a-body-shop-franchise-a-good-investment-2716350" target="_blank" rel="nofollow">Grease Monkey</a>®, <a href="https://www.speedeeoil.com/franchise-information/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-a-body-shop-franchise-a-good-investment-2716350" target="_blank" rel="nofollow">SpeeDee Oil Change &amp; Auto Service</a>®, <a href="https://www.midasfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-a-body-shop-franchise-a-good-investment-2716350" target="_blank" rel="nofollow">Midas</a> and <a href="https://www.bigofranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=is-a-body-shop-franchise-a-good-investment-2716350" target="_blank" rel="nofollow">Big O’ Tires</a>. Check out our full list of the best automotive franchises to buy in 2021 <a href="https://1851franchise.com/best-automotive-franchises-to-buy-in-2021-2715341">here</a>.

Is a Body Shop Franchise a Good Investment?

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Is a Body Shop Franchise a Good Investment?

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