Christian Brothers Automotive Ranked on Franchise Times Top 200+ Franchise List
Leading Automotive Care Concept Ranked on Prestigious List of Largest United States Franchises
October 10, 2019 // Franchising.com // HOUSTON - Christian Brothers announced today that it was ranked on Franchise Times’ Top 200+ list, the most comprehensive ranking of the 500 largest franchise systems in the United States. The distinguished list is based on Christian Brothers’ global system sales and number of locations. Christian Brothers ranks in at #216 on the list and joins the most reputable brands in the nation.
The acknowledgement of being named to this ranking demonstrates the exceptional growth the company has experienced in the past year. In 2018, the brand generated $280 million in sales. Currently, Christian Brothers has reached 203 locations throughout the United States.
“It’s truly a blessing to be recognized for our growth and success as a franchise system, especially alongside so many incredible brands across the country,” said Donnie Carr, President at Christian Brothers Automotive. “We’ve made big changes over the past year to achieve this type of momentum and this achievement validates our mission and our franchisees’ hard work at each of their locations. We look forward to meeting and exceeding the growth goals we have in store for the year ahead.”
Franchise Times uses a combination of companies’ voluntary reports and the most recent franchise disclosure documents to rank the 500 largest franchise systems in the United States. To qualify for the ranking, companies must be a legal United States franchise, with its headquarters based in the United States or at least 10 percent of their total units located in the country. Franchisees must also own at least 15 percent of the company’s total units.
Based on a business model emphasizing that taking your car to be serviced shouldn’t be a chore, Christian Brother Automotive offers a wide array of services, from simple upkeep and maintenance to preventative services addressing issues that would otherwise require more expensive repair and replacement down the road.
Ideal Christian Brothers Automotive franchisees are strong leaders with experience leading a team and who love serving people. They prioritize giving back and engaging with their local community in order to ultimately make a difference for everyone around them.
The estimated initial investment for a Christian Brothers Automotive franchise ranges from $458,950 to $555,350, with 82-83 percent of the investment typically financed over a 10-year period using Small Business Administration (SBA) loans. Interested individuals must also have a minimum net worth of $250,000 and $85,000 in liquid capital to ensure additional funding is available while launching their franchise.
About Christian Brothers Automotive Corporation
Dedicated to its brand mission “To glorify God, by loving your neighbor as yourself” Christian Brothers Automotive has firmly planted its roots in faith, honesty and trust, which have proven to be clear differentiators in the competitive auto services and repair industry, a $380 billion sector in the U.S. economy. With its guiding principles instilled from the very first location, which opened in 1982, Christian Brothers Automotive has successfully expanded to more than 200 locations in 29 states. The Houston-based company delivers a variety of professional auto-care services including upkeep, maintenance, and repair.
About the Franchise Times Top 200+
The Franchise Times Top 200+® is the only ranking by systemwide sales and units of the largest 500 U.S.-based franchise brands. Published in the October issue and available in a searchable database online, the Franchise Times Top 200+ also analyzes industry sectors based on percentage change in sales growth, reports the 10 fastest-growing franchises by four different measures, and includes exclusive news stories about the biggest names in franchising. The rankings and full report, and the searchable online database, are available at www.franchisetimes.com/Top200.
All Points Public Relations
SOURCE Christian Brothers Automotive Corporation