Business ownership is the ultimate goal for individuals with an entrepreneurial mindset, but starting a business by yourself can be intimidating. Franchising offers a unique prospect for entrepreneurs because it provides many first-time owners with the necessary tools to start, operate and scale their business. The first step entrepreneurs can take when starting a business is choosing an industry that is right for them with promising market growth ahead.
Here are three reasons why franchising in the automotive market may be the right investment for budding entrepreneurs:
Proven Systems, Notable Achievements and Decades of Experience
Christian Brothers Automotive has more than four decades of industry knowledge with refined systems and processes under our belt. We guide franchise owners on how to use our proven systems to make the start-up process and ongoing operations simple, maintainable and successful. One particular process that especially appeals to new franchisees is site selection support. We realize that not all franchise owners carry the real estate experience needed to select an optimal site, which is why our in-house real estate team leads the site selection, acquisition, development, and construction of their business. Through data collection and extensive market research, we identify areas that meet our customer demographics, while also taking into account experiential feedback from existing franchisees to ensure the selected sites check every box for a thriving business.
Because of our decades of experience in the automotive field, and the accolades we’ve received along the way, Christian Brothers Automotive franchisees can feel confident in running their business from day one with national brand awareness and a strong reputation behind them. To further prove our best-in-class standing in the industry, Christian Brothers received the 2021 ACE Award and notable rankings on Entrepreneur Magazine’s Franchise 500 list, Franchise Business Review’s Top Franchises list and J.D. Power in 2022.
The Automotive Industry’s Unwavering Strength
The automotive repair industry has continued to thrive throughout times of both prosperity and recession. Americans rely heavily on their cars, and those cars will always require maintenance and repair, which means brands like Christian Brothers Automotive will continue to play an integral role in helping guests get back on the road. On average, Americans spend more than $500 a year on car maintenance/repair and recently the average age of cars on the road rose to 12.2 years old with a typical mileage of 200,000. With these factors as indicators, it’s clear to experts that the auto repair industry’s market size is showing steady growth, demonstrating that our franchise owners can invest in a promising business opportunity. Our brand’s unwavering resilience is further evident in our ranking as a Top Recession-Proof Franchise for 2022.
Untapped Growth Potential
Scalability is just one indicator of brand success, and, in the 40 years since Christian Brothers Automotive’s inception, we’ve grown significantly without ever closing a location. Our most recent growth puts our automotive franchise at a footprint of more than 250 shops across the United States. Plus, we are grateful that we were ranked number one by J.D. Power for the third year in a row and scored the highest in Customer satisfaction for Aftermarket full-service maintenance and repair with a score of 825* in addition to our #2 ranking on the list of America’s best franchises to buy. These accolades put Christian Brothers Automotive in a prime position to continue raising the standard for quality service within the automotive industry.
To learn more about the advantages of franchising with automotive industry trailblazers like Christian Brothers Automotive, submit an inquiry and one of our team members will be in touch.
*Christian Brothers received the highest score for aftermarket full-service maintenance and repair in the J.D. Power 2019, 2021-2022 Aftermarket Service Index (ASI) Satisfaction Studies of customer satisfaction with automotive aftermarket service providers. Visit jdpower.com/awards.