Take 5 Oil Change has been recognized for its growth in franchised locations, according to a press release.
The company ranked much higher on this year’s Franchise Times Top 400 list, coming in number 87 after ranking at number 137 in 2022. It was the fifth fastest-growing franchise by sales growth with a 47.6% increase and the eighth fastest-growing franchise by store count with a 20.2% increase.
Additionally, the company also saw itself climb Entrepreneur’s Franchise 500 list, rising by over 50 spots to number 106 on the list this year.
Since opening its first franchise location in 2017, Take 5 Oil Change has expanded rapidly, having recently celebrated the grand opening of its 300th franchise location in Decatur, Georgia. The store is operated by Toxaway Automotive Group and marks the 11th Take 5 Oil Change location opened by the franchise group since it joined the brand in 2020.
The company operates over 900 total locations in the U.S. and Canada and plans to open 300 more locations that will be predominantly franchised.
“Our growth and recognition in the industry are a testament to our commitment to excellence, innovation, and delivering top-notch service,” said Mo Khalid, EVP and Group President, Maintenance, at Driven Brands.
