CARSTAR Receives Top Recognition
Jan. 12, 2017— CARSTAR Auto Body Repair Experts, a part of the Driven Brands Inc. family of automotive aftermarket franchise brands, was ranked in Entrepreneur magazine’s “Franchise 500” on Tuesday. The “Franchise 500” places CARSTAR 470th on the list.
“It’s an honor to be recognized among the top companies in the world,” said Michael Macaluso, president, CARSTAR North America. “Through the past year, we have benefitted from our new ownership by Driven Brands, grown tremendously, integrated our operations across North America and strengthened our operational and financial performance.”
The key factors that go into Entrepreneur’s evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability.
CARSTAR ended 2016 with record sales, growth, and industry performance.