CHRISTIAN BROTHERS AUTOMOTIVE FEATURED ON DISTINGUISHED LIST OF TOP FRANCHISE COMPANIES
Franchise Business Review, a franchise market research firm, announced that Christian Brothers Automotive has been named to their annual list of the Top 200 Franchise companies. The list, titled the Top 200 Franchises of 2018, ranked hundreds of participating franchise companies by their overall levels of franchise owner satisfaction.
Christian Brothers Automotive was ranked Best in Category in the “Automotive” category, beating out the competition to land the number one spot on the list. The brand was also recognized as a 10-year Hall of Fame member, awarded to franchises that have been featured on the “Best of the Best” list for 10 or more years.
“It is an incredible honor to be named at the top of our category,” said Josh Wall, VP of franchise and strategic development. “The relationship we build with our franchisees is our highest priority, as well as continuing to ensure our franchise opportunity is an investment that will help our franchisees achieve their financial and family goals. It is a great source of pride that our franchise family consistently offers positive feedback about our training process, support system and rewarding business model.”
The Franchise Business Review Top 200 ranking puts Christian Brothers Automotive into an elite group of the best franchise companies in the country. More than 3,000 companies franchise in the United States, but only those with exemplary fundamentals, great financial position and high franchisee satisfaction scores earn a spot in the ranking.
Christian Brothers Automotive was among 307 franchise brands, representing over 28,000 franchise owners that participated in Franchise Business Review’s research. Christian Brothers Automotive’s franchisees were surveyed on 33 benchmark questions in the areas of financial opportunity, training and support, leadership, operations and product development, core values (e.g., honesty and integrity of franchisor), general satisfaction, and the franchisee community.
Providing entrepreneurs interested in investing in the franchise a full suite of support services ranging from initial and ongoing training to sales and marketing programs, the Christian Brothers Automotive investment ranges in price from $458,950 to $555,350, with 82-83% of the investment typically financed over a 10-year period using Small Business Administration (SBA) loans. Plus, Christian Brothers Automotive is a proud partner of the VetFran program. Approved candidates receive 10% off of the total franchise fee. Ideal Christian Brothers Automotive franchise candidates are strong leaders with experience leading a team. They prioritize giving back and engaging with their local community in order to ultimately make a difference for everyone around them.
“There are thousands of successful franchise companies operating in North America, but many of those companies do not offer a solid investment opportunity for the actual franchise owners,” says Eric Stites, CEO of Franchise Business Review. “As an independent research firm, we rate the franchise companies in the marketplace today and identify those that have the highest levels of satisfaction and performance among their franchisees in order to help entrepreneurs when choosing which franchise to invest in. The companies on this year’s list are the top performing brands in the areas critical to their franchisees’ success.”