CHRISTIAN BROTHERS RANKED IN 2015 ANNUAL TOP 200 LIST
Franchise Business Review, a franchise market research firm, announced today that Christian Brothers Automotive joins the elite list of companies earning a spot in their annual Top 200 Franchise Companies List. The list, entitled The Best of the Best, Top 200 Franchise Systems List for 2015, ranked hundreds of participating franchise companies by their overall levels of franchise owner satisfaction.
For the fourth straight year, we are the top-rated automotive franchise. Auto repair franchises have proven to be a very stable investment over time, and we have never closed a location.
“We are extremely excited about our ranking,” says CEO Mark Carr. “This reflects our own view of our business. Our franchisees are really enjoying what they do, and we expect to have substantial growth in 2015 with the current market conditions.”
We are a highly rated, faith-based auto repair franchise with a unique financial model. Christian Brothers assumes a majority of the startup risk by constructing “built-to-suit” buildings, which the franchisee then manages. We don’t charge a franchisee from the top-line revenues like virtually every other franchisor, but from a share of the profits, which are calculated after expenses. Franchisees also pay themselves a salary before they pay the franchisor a nickel.
The Franchise Business Review Top 200 ranking puts us into an elite group of the best franchise companies in the country. Only companies with excellent fundamentals, great financial positions and high franchisee satisfaction scores earn a spot in the ranking. Over 3,000 companies franchise in the United States.
To select its top 200, the franchise magazine surveyed 28,500 franchisees from 350 brands that have at least 10 franchises in North America. The survey ascertained franchisees’ thoughts on 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.
Mark congratulates all our franchisees for the wonderful job they have been doing.
“We are delighted that our franchisees have responded very well to our support and operations leadership,” Mark says. “We will continue to help our franchisees and look forward to even better our relationships in the future. As our franchisees’ satisfaction grows, so does our business.”
We also recently ranked 249th on this year’s Franchise 500 list, published by Entrepreneur magazine. It was our fifth consecutive year on the list. We have grown from 109 locations in 2013 to more than 130 today — exhibiting rapid, steady growth since we opened in Houston in 1982 and started franchising in 1996.