Christian Brothers Automotive has been named to Entrepreneur magazine’s Franchise 500 list for the third year in a row. The list, considered the world’s first, best and most comprehensive franchise ranking, rated Christian Brothers Automotive #5 in the “Repair and Maintenance Services” section within the “Automotive” category and #261 overall.
The recognition received by Christian Brothers Automotive highlights the expansion made by the company in 2019. An addition of more than 19 new locations last year brings the brand’s total number to more than 200 locations across 30 states across the United States.
“2019 was a record year of franchise growth for us. We’re honored to receive this ranking by Entrepreneur,and as we look back over the past year, we are excited to build upon this investment,” said Donnie Carr, president of Christian Brothers Automotive. “We look forward to pursuing further opportunities for growth in 2020 and have set a larger growth goal than ever before to sign 36 new agreements in 2020. We cannot wait to see what the next year has in store for our franchise system.”
The key factors that go into the evaluation include costs and fees, size and growth, support, brand strength and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500 in ranking order.
“The 500 companies on this list all have something in common: They understand what consumers want now,” said Jason Feifer, editor in chief of Entrepreneur. “They may be an upstart in a brand-new category, or they may be a brand like Dunkin’ that’s ranked highly on our list for decades. But either way, making our list means they’re forward-thinking, nimble, and closely in touch with their customers’ needs — because in an ever-changing business environment, that’s what a franchise must do to thrive.”
To view Christian Brothers Automotive in the full ranking, visit http://www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2020 issue of Entrepreneur.