Take 5 Oil Change Jumps 46 Positions on Franchise Times Top 400

Take 5 Oil Change has jumped 46 positions on the Franchise Times Top 400 list, with a 24% sales increase.

Read the original at Franchising.com
Take 5 Oil Change Jumps 46 Positions on Franchise Times Top 400

TL;DR

Take 5 Oil Change jumped 46 positions on the Franchise Times Top 400 list with a 24% sales increase. The brand earned the 152nd spot on the list, up from 198th in 2020.

Take 5 Oil Change® has moved up 46 places in this year’s Franchise Times magazine’s Top 400. In 2020, in its first year in the magazine’s listing, Take 5 was ranked 198th. Noting a nearly 24 percent sales increase, Take 5 earned the 152nd spot on the Franchise Times list.

“It’s a real honor to be ranked so prominently in the Franchise Times Top 400,” said Danny Rivera, Executive Vice President & Group President of Maintenance, Driven Brands. “It is further testament to the great job that our franchisees and employees are doing every day to reinforce our brand promise and expand the network.”

Known for its unique, speedy, customer-focused service and stay-in-the-car approach, Take 5 continues to add new franchisees.

The Franchise Times Top 400+ is an annual ranking of the 400 largest franchise systems in the United States by global systemwide sales, based on the previous year’s performance. In a five-month research process and building upon a database that began in 1999, the research team uses a combination of companies’ voluntary reports and publicly available data, including the franchises’ most recent franchise disclosure documents and Securities and Exchange Commission filings.

In this story

This story was originally published in Franchising.com on October 8, 2021. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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