Christian Brothers Automotive Ranked As One of America S Fastest Growing Franchises
Total Page:16
File Type:pdf, Size:1020Kb
MEDIA CONTACT: Troy Kehoe No Limit Agency 312.526.3996 [email protected]
FOR IMMEDIATE RELEASE
Christian Brothers Automotive Ranked as One of America’s Fastest Growing Franchises Franchise Gator Lists Rapidly Expanding Automotive Brand as Nation’s 41st Fastest Growing Franchise
HOUSTON, Tex. – Christian Brothers Automotive, the nation’s largest automotive repair franchise, is honored to be selected as one of the fastest growing franchises in 2016 by Franchise Gator. Ranked as number 41 on the publication’s annual list, Christian Brothers is one of just two automotive repair franchises included in this year’s report.
“Franchise Gator’s annual ranking of the fastest growing franchises is eagerly anticipated throughout the industry each year, so our team at Christian Brothers Automotive was thrilled to find out we were included on the prestigious list this year,” said Mark Carr, President and CEO of Christian Brothers Automotive. “The Christian Brothers Automotive brand is backed by the promise that our customers will experience the ‘nice difference,’ and this ranking reflects the overwhelming response to that commitment. This recognition is a testament to the hard work of our dedicated franchise owners and employees.”
Christian Brothers Automotive has been the recipient of several other awards for growth, including being recently named by Entrepreneur Magazine as one of the best franchise opportunities in 2016.
Franchise Gator, with the assistance of The Educated Franchisee, uses a variety of statistics to measure the quality of a franchise. The formula for rankings is derived from several aspects of a brand’s franchise disclosure document, including growth, engagement, transparency and sustainability. Franchise Gator also included each brand’s investment range and examined the current status of their industry as part of its ranking criteria.
“We continue to grow at a pace of 15 to 20 stores annually, and we’ve maintained a 100 percent success rate, with our brand having never closed a single location,” Carr said. “Our company’s dedication to putting customer needs first and promoting ethical business practices continues to drive loyalty in our locations across the country, and our recognition from Franchise Gator is evidence of that.”
With most traditional franchises charging royalty fees from the top line, Christian Brothers has a built-in competitive advantage. By utilizing a bottom line approach, franchisees are able to pay themselves a salary, secure health insurance for their families and deal with any outstanding debt obligations before any royalty fees are deducted.
As Christian Brothers continues to expand across the country, the brand also continues to increase its charitable work in local communities. The company pledges 10 percent of its profits to charitable causes, from organizations focused on helping single moms and underprivileged children to those concentrating on assisting veterans, such as the Wounded Warrior Project. This commitment to helping others is something the company looks for in all its franchisees. “Christian Brothers Automotive has succeeded because we’ve transformed how people view the auto repair experience,” Carr said. “We’re excited to keep spreading our message and creating a new generation of loyal guests and successful franchisees in the year ahead.” About Christian Brothers Automotive Christian Brothers Automotive is one of the nation’s leading automotive service and repair franchise systems, with more than 155 locations open and an additional 35 under development in 18 states, including Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Indiana, Kansas, Louisiana, Michigan, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. Mark Carr, president and CEO, opened the first location in Houston, Texas in 1982. The store’s main principle was to run an automotive repair facility based on honesty, integrity, reliability and exceptional customer service, which is still the core philosophy of Christian Brothers Automotive today. Christian Brothers Automotive began selling franchises in 1996 and continues to grow at a pace of 15 to 20 stores annually. The company also continues to maintain a 100 percent success rate with its store operations, never having closed a location.