Jan. 25, 2022–Take 5 Oil Change was recently ranked in the top 200 of Entrepreneur magazine's 2022 Top 500 list.
The quick oil chain was ranked No. 161 according to a news release, jumping 55 spots from last year's ranking. The company has moved up 265 spots on the list since 2020.
“We’re proud to be recognized by Entrepreneur magazine,” Driven Brands executive Danny Rivera said in a statement. “It’s a testament to our franchisees and team members who work so hard to deliver our brand promise each and every day.”
The ranking, according to a news release, evaluates franchises based on factors such as growth, brand strength, financial stability and size, and it's intended to identify opportunities for franchise buyers.
Take 5 was recognized by J.D. Power last year for overall customer satisfaction for quick lube providers in 2021 and ranked No. 19 on Franchise Time's "Fast and Serious" list, which ranks "40 franchise brands growing at a rapid yet smart pace."
