Oct. 10, 2022—Driven Brands has announced that Take 5 Oil Change opened its 200th United States franchised location last week.
According to a press release, the location is in Hutto, Texas. Take 5 Oil Change has doubled its United States franchise store count just in the last year. Driven Brands acquired Take 5 in 2016. There were less than 50 locations at the time, and the total now sits at 800 company-operated and franchise locations across the United States and Canada.
Larry King is the 200th United States franchisee for the brand. He has been a CARSTAR franchise owner for a long time, and also owns and manages four Take 5 locations with two more set to open later this year.
"The Take 5 Oil Change team has done a phenomenal job at taking a differentiated go-to-market strategy and building it into one of the most well-respected brands in the category. We offer a simple operating model with compelling unit level economics and operate in a highly fragmented industry that provides us with a significant runway for growth," said , EVP and Group President of Maintenance at Driven Brands via the press release. "That momentum has continued with an expanded pipeline of over 950 future locations, primarily franchised, that provide us strong visibility into unit growth over the next few years."