Christian Brothers Automotive, the faith-based automotive repair franchise, announced today that it has been ranked second in Forbes magazine’s “Best Franchises to Buy” list in the category of high-investment franchises.
Forbes’ list of “Best Franchises to Buy” is an annual analysis that highlights 60 U.S. franchises that offer the best (and worst) opportunities for investors, created in conjunction with industry research firm FRANdata.
Christian Brothers’ placement on the ranking is a strong recognition of the value and growth potential of the franchise opportunity and its position as a leading investment in its price segment.
“It is incredibly exciting to be recognized for the strong value our investment provides to our franchisees. We’re proud to be ranked as leading franchise investment,” said Donnie Carr, President of Christian Brothers Automotive. “Our relentless effort to make our brand appealing and rewarding to prospective and existing franchisees is something of which we are extremely proud.”
The best 60 franchises highlighted are selected from more than 3,300 brands. Those 60 best franchises are then separated into categories based on investment levels and ranked based on criteria such as activity, performance and scale, including system sustainability and demand, value for investment, and franchisor support and stability.
In addition to the ranking criteria, Forbes requires all top brands to disclose unit financial performance, to have a minimum of 50 franchised units at the beginning of 2013 and 100 at the end of 2017, and to not have experienced any year-over-year declines in system size.
Christian Brothers Automotive is a professional auto care maintenance and repair company that has made an enormous impression on the industry. They take the hassle of maintaining a vehicle by making it a positive experience through providing knowledge, honesty and genuine car expertise to their services.
Entrepreneurially spirited individuals interested in owning a Christian Brothers Automotive franchise should have a minimum net worth of $250,000 with a liquidity of $85,000. Plus, Christian Brothers Automotive is a proud partner of the VetFran program. Approved candidates receive 10% off of the total franchise fee. Ideal Christian Brothers Automotive franchise candidates are strong leaders with experience leading a team. They prioritize giving back and engaging with their local community in order to ultimately make a difference for everyone around them.
To view Christian Brothers Automotive in the full ranking, visit: https://www.forbes.com/sites/karstenstrauss/2019/06/19/best-worst-franchises-buy-own/#7aba2dfb7d79.
For more information about available franchise opportunities, visit: http://www.christianbrothersfranchise.com.
About Christian Brothers Automotive Corporation
Dedicated to its brand mission “To glorify God, by loving your neighbor as yourself” Christian Brothers Automotive has firmly planted its roots in faith, honesty and trust, which have proven to be clear differentiators in the competitive auto services and repair industry, a $380 billion sector in the U.S. economy. With its guiding principles instilled from the very first location, which opened in 1982, Christian Brothers Automotive has successfully expanded to more than 200 locations in 29 states. The Houston-based company delivers a variety of professional auto-care services including upkeep, maintenance, and repair. For information about franchising with Christian Brothers Automotive, visit http://www.christianbrothersfranchise.com.
Forbes was established in 1917 and written for C-level corporate executives, top managers, institutional and individual investors and affluent business professionals. Its mission is to give its readers a competitive edge by providing them with predictive and preemptive analysis of the corporate world and financial markets. Forbes also reports on related subjects such as technology, communications, science, politics, and law. Its headquarters is located in Jersey City, New Jersey.
To learn more, visit www.forbes.com.