---
title: "CARSTAR Ranked On Entrepreneur Magazine Franchise 500 List"
url: https://burnaze.com/article/97fab349-6e01-49bf-9d02-32a0c76ee26c
source: "Franchising.com"
original_url: https://www.franchising.com/news/20230203_carstar_ranked_on_entrepreneur_magazine_franchise_500_list.html
category: "Collision"
industry: "Automotive"
segment: "Collision"
topics: ["Finance & M&A"]
published: 2023-02-03T12:00:00.000Z
modified: 2026-11-01T01:04:14.702Z
image: https://images.unsplash.com/photo-1551288049-bebda4e38f71?w=1600&q=80&auto=format&fit=crop
---

# 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.

*originally published in Franchising.com on 2023-02-03. [Read the original](https://www.franchising.com/news/20230203_carstar_ranked_on_entrepreneur_magazine_franchise_500_list.html).*

## Story

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.”

## Entities

- Franchising.com (publication)
- Entrepreneur (publication)
- Automotive (sector)
- franchise ranking (topic)
- award recognition (topic)
- Driven Brands (company)
- CARSTAR (company)
- Damien Reyna (person)
- franchise 500 list (topic)

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Originally reported by Franchising.com (https://www.franchising.com/news/20230203_carstar_ranked_on_entrepreneur_magazine_franchise_500_list.html). Summarized by Burnaze (https://burnaze.com/article/97fab349-6e01-49bf-9d02-32a0c76ee26c).