AUTOMOTIVE REPAIR FRANCHISE’S AVERAGE IN-STORE NUMBERS ARE UP IN 2015
Franchisees who are part of the Christian Brothers auto repair franchise saw a significant jump in business this year. Our company posted an increase in average franchisee earnings in its 2015 Franchise Disclosure Document, which documents earnings from the previous year.
The average in-store revenue of Christian Brothers Franchise Owners increased 4.4% from 2013 to 2014. In 2013, the company reported that franchise-owned stores were averaging $1,174,586 in revenue. In 2014, the average in-store revenue number jumped to $1,225,862. The rise in last year’s in-store revenue is significant because the company included 12 more stores in its calculations than it did in 2013. According to the company, this increase is generally larger than that of other auto repair franchises.
“These numbers are validating for our philosophy that we provide the ‘nice difference’ in our industry,” says Mark Carr, Christian Brothers CEO. “The rise of our average in-store revenue is evidenced not only in how much we’ve grown in the past few years, but in why we’ve managed to grow successfully. We treat all of our customers with dignity, our work is done with honesty and integrity, and more and more people are taking notice.”
Christian Brothers is a highly rated, faith-based, automotive franchise with a unique financial model. Christian Brothers assumes a majority of the risk by purchasing and constructing “built-to-suit” buildings, where the franchisee becomes the owner/operator. Christian Brothers does not charge a franchisee based on the top-line revenues like virtually every other franchisor, but instead on a share of the profits, which is calculated after expenses. Franchisees also pay themselves a salary before they pay the franchisor a nickel.
MOMENTUM, UNIQUE BUSINESS MODEL CREATE BRIGHT FUTURE
Our franchise recently announced plans to open 35 new Christian Brothers locations, which continues the strong growth that has earned us recognition from Entrepreneur magazine and Franchise Business Review. Our auto repair franchise currently has 150 locations in 21 states, and is expecting a record year for franchise development in 2015. Our company has never closed a location — a rarity in franchising and a feat that only the most enduring franchises in our industry typically witness. This fact highlights the staying power of our auto repair franchise and the stable investment opportunity for prospective franchisees who wish to open their own Christian Brothers location.
Our faith-based business — one that’s focused on serving others — uses the phrase “nice difference” to explain how we stand apart from competitors. The phrase applies to our customers and to our franchisees, thanks in part to a unique revenue model that helps attract people who want to live their faith in their business. Our business model also destroys the negative stereotypes surrounding auto repair by creating a clean, comfortable environment that customers enjoy.
Unlike most franchises that usually require a large initial investment and liquid capital, Christian Brothers’ business model makes it possible to start a multimillion-dollar business with a relatively small investment from the franchisee.
“People looking for a franchise opportunity will find that a modest investment with us could very well become a multimillion-dollar business,” Mark says. “Not only are those up-front costs minimal, but our management support helps our franchisees become profitable.”
LEARN MORE ABOUT CHRISTIAN BROTHERS
For in-depth details about the Christian Brothers Automotive franchise opportunity, contact our team today!