Several Quick Lube Brands Rank in Franchise Times Top 400 List This Year
Several automotive service and quick lube brands ranked in this year’s Franchise Times’ Top 400 list.
The annual list recognizes the top 400 largest U.S.-based franchise systems based on global systemwide sales in conjunction with five months of research and reporting.
Of the top five fastest growing industry sectors, automotive came in at fourth place, having experienced a +10.2% growth in the past year. Franchise Times' Top 400 last year also showed significant growth for oil change service centers in 2022, as well.
When looking to quick maintenance brands, Valvoline ranked the highest in spot no. 40, followed by Jiffy Lube at no. 46 and Midas in spot no. 51.
Take 5 Oil Change ranked at no. 69 this year, marking continual growth from its spot at no. 87 on last year’s list, and no. 137 in 2022.
FullSpeed Automotive saw two of its quick lube brands make this year’s list, with Grease Monkey placing no. 188 and SpeeDee Oil Change & Auto Service placing no. 294. It marks a 54-spot advancement from last year for Grease Monkey, with SpeeDee moving up 40 spots in the list.
Rounding out the list at spot no. 313 was Strickland Brothers Oil Change.