IRVINE, Calif. — Midas International, Massive O Tires and RNR Tire Express attained significant marks among franchisors of vehicle mend and service plans in Entrepreneur magazine’s newest Franchise 500 ranking.
Entrepreneur magazine ranks franchisors using a 150-stage scale primarily based on various requirements grouped underneath five major types: fees/charges support dimensions and progress model strength and fiscal toughness/steadiness.
To be qualified for the position, a franchisor must have experienced a least of 10 models open and functioning as of July 31, 2022, like at least just one franchise positioned in North The usa, and will have to be trying to get new franchisees in the U.S. or Canada.
Entrepreneur lists 17 businesses amongst the leading 500 in the automotive category, which consists of automotive equipment/tools, oil-modify/preventive servicing, car collision restore, auto glass fix/substitute, automobile accessories and car washes in addition to tires/tire company and typical automotive mend.
Midas, Major O and RNR Tire ended up the optimum rated corporations offering tires and tire support, rated 103rd, 157th and 170th total. Other companies in the automobile maintenance/support group are AAMCO Transmission & Total Car Care (196th) Christian Brothers Automotive Corp. (223rd) and Tuffy Tire & Auto Service (309th).
Brian Maciak, president and chief working officer of Major O Tires, stated: “Getting rated No. 1 in our classification is a reflection of the brand’s essence — The Group You Trust. This is a testomony to our franchisees who are backed by an seasoned staff supplying thorough guidance, sources and teaching to enable them thrive, adapt and expand all while delivering legendary client services.”
“We’re very pleased of our franchisees and the perform they do every working day to retain their communities harmless and transferring on the highway in advance,” Lenny Valentino Jr., Midas vice president and basic manager, sa id.
“Our franchisees supply an priceless services, and we are dedicated to continuously evolving our plans to aid them in the long run establishing Midas as a put exactly where buyers want to shop.”
Massive O Tires and Midas Global are both TBC Corp. models.
There are in excess of 460 company and franchisee-owned Big O active in the U.S., positioned mostly in the Western and Midwestern states, together with around 1,200 franchised, accredited and corporation-owned Midas stores in the U.S. and Canada.
The Entrepreneur rating also lists 5 brief-lube franchise enterprises — Valvoline Quick Oil Improve (No. 21 general) Jiffy Lube (No. 99) Just take 5 Oil Change (No. 106) Grease Monkey (No. 182) and SpeeDee Oil Modify & Vehicle Services (No. 415) — and 3 automotive instruments suppliers — Snap-on Applications (No. 20) Matco Tools (No. 31) and Mac Instruments (No. 72) — between the automotive businesses.