Forbes names Christian Brothers Automotive #2 Best Franchise to Buy!
Christian Brothers Automotive has long taken a simple approach to the way we do business: “love your neighbor as yourself.” This long-standing principle has guided us throughout all aspects of our business—from how we treat customers to how we make our business a wonderful working environment for employees. We’re extremely proud of how far that philosophy has helped us come over the years, and we’re proud to share that Forbes Magazine recently named Christian Brothers Automotive as #2 on their Best Franchises to Buy in America list!
Forbes gathers their annual list using data from FRANdata, a franchise tracking and research group. Using data over a period of five years, FRANdata ranked more than 3,300 active franchise brands for their “health and appeal” using a variety of factors. The criteria used for ranking were agreed upon as representative of what a prospective franchise buyer is looking for when deciding on a franchise investment.
The list included:
- System sustainability
- System demand
- Value for investment
- Franchisor support
- Franchisor stability
Using these factors, Forbes selected the top ten franchises to invest in across three different classifications: low-investment, medium-investment, and high-investment. Christian Brothers Automotive ranked second in the “high investment” category, thanks to a five year growth rate of over nine percent!
We believe the results speak for themselves as well. Our brand has expanded into 26 states with two hundred location and more opening each year. On top of that, we have never had a location close due to failing business.
To learn more about franchising at Christian Brothers Automotive – click here.