CARSTAR Earns Spot on Top 200 Largest Franchise Systems List
Oct. 21, 2015—CARSTAR Auto Body Repair Experts has earned a spot in Franchise Times annual Top 200 ranking of the largest franchise systems in North America. CARSTAR ranks 106 on the list, compared to its 112 spot in 2014 and 117 spot in 2013.
The move up was due to increases in both sales and unit growth.
After a record year in 2014 for sales, growth and industry performance, CARSTAR Auto Body Repair Experts announced it had finished the first half of 2015 with revenue of $386.2 million, which puts the MSO on track to outpace its performance in 2014.
CARSTAR was ranked the top collision repair franchise and fifth on the list of top automotive franchises—up from seventh last year.
The Franchise Times Top 200 is an annual ranking of the 200 largest franchise systems in the U.S. by global system-wide sales, based on the previous year’s performance.