CARSTAR Ranked On Entrepreneur Magazine Franchise 500 List

CARSTAR is ranked on Entrepreneur Magazine’s Franchise 500 List, continuing its recognition as a top franchise company.

Read the original at Franchising.com
CARSTAR Ranked On Entrepreneur Magazine Franchise 500 List

TL;DR

CARSTAR has been ranked on Entrepreneur Magazine's Franchise 500 List, recognizing it as a top franchise company. Damien Reyna, U.S. collision chief operating officer of Driven Brands, commented on the recognition, citing the hard work and dedication of the franchise family.

We are honored to continue to be recognized among the top franchise companies,” said Damien Reyna, U.S. collision chief operating officer, Driven Brands.

In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.

“This ranking is a testament to the hard work and dedication of our franchise family,” continued Reyna. “Throughout this past year, we prioritized our efforts on helping our franchise partners so they could continue providing their communities with the highest level of repair quality and customer service experience.”

In this story

This story was originally published in Franchising.com on February 3, 2023. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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