Charlotte, North Carolina – CARSTAR has been ranked number one in its category among top franchises in Entrepreneur magazine’s 2022 Franchise 500 list.
“It’s an honour to again be recognized among the top franchise companies in the world,” said Dean Fisher, collision group president for Driven Brands. “Through 2021 we focused on supporting our franchise partners while continuing to deliver strategic growth and operational improvements as North America’s premier collision repair company and our ranking as one of the top franchises reflects these accomplishments.”
This year marks Entrepreneur’s 43rd Franchise 500 list, in which the magazine’s editorial team researches and assesses several factors including costs and fees, size and growth, support, strength and financial strength/stability.
Each franchise on the list is given a cumulative score based on an analysis of more than 150 data points, and the top 500 franchises with the highest cumulative scores become the Franchise 500, in ranking order.
“This would not have been possible without the tremendous hard work and dedication of our franchise family,” continued Fisher.
CARSTAR was listed 193rd on the Franchise 500 list, and first among collision repair companies.