Nov. 5, 2018—Christian Brothers Automotive has been named to Franchise Times’ Top 200+ list, which is an exclusive ranking of the 500 largest franchises, according to a press release. Christian Brothers has been rated number 226 alongside the largest franchises in its industry.
“We are humbled to achieve this incredible milestone,” said Josh Wall, chief development office of Christian Brothers Automotive. "This ranking is a direct result of our franchisees’ hard work and dedication to succeed. We look forward to continuing this momentum as we grow into new markets and offer continued support to our existing franchisees.”
In 2017, the brand generated $238 million in sales. Christian Brothers now operates 191 car care centers in communities throughout the United States.
The estimated initial investment for a Christian Brothers Automotive franchise ranges from $458,950 to $555,350, with 82-83 percent of the investment typically financed over a 10-year period using Small Business Administration (SBA) loans. Interested individuals must also have a minimum net worth of $250,000 and $85,000 in liquid capital to ensure additional funding is available while launching their franchise.
Using a combination of companies’ voluntary reports and the most recent franchise disclosure documents, the Franchise Times Top 200+ is an annual ranking of the 500 largest franchise systems in the United States by global system-wide sales, based on the previous year's performance. The project is the result of a five-month research and reporting effort each year that results in the most credible and objective franchise ranking available.
To qualify for the ranking, companies must be a legal United States franchise, with its headquarters based in the United States or at least 10 percent of their total units located in the country. Franchisees must also own at least 15 percent of the company’s total units. The 200 franchises with the top global system-wide sales, including total sales for both franchise and company units, receive the highest rankings.
