The company says a franchise owner will need to make up to $330,000 in investment in their location, including a $39,500 initial franchise fee.
How much does a car franchise cost?
The initial investment costs for starting a dealership franchise is rather hefty. Among the big five auto manufacturers offering franchises in the U.S. (General Motors, Ford, Honda, Hyundai and Toyota), the initial franchise fee can range from $30,000 (Ford) to $500,000 (Hyundai and Toyota).
How much does AutoZone make last year?
For the fiscal year ended August 31, 2019 , sales were $11.9 billion , an increase of 5.7% from the prior year, while domestic same store sales were up 3.0% for the year.
What is AutoZone net worth?
This statistic represents AutoZone’s net income from the fiscal year of 2010 to the fiscal year of 2020. In the fiscal year of 2020, AutoZone’s net income surpassed 1.7 billion U.S. dollars.