Skip to main content
EVENT TRACKER
Keep track of rescheduled, canceled industry events with our COVID-affected event tracker - Powered by Snap Finance
Close
Sister Publication Links
  • Rubber & Plastics News
  • European Rubber Journal
tb-logo
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • OPINION
    • CORONAVIRUS
    • AUTO INDUSTRY
    • BUSINESS/FINANCIAL
    • COMMERCIAL TIRE
    • FACTORY FIXES
    • GOVERNMENT & LAW
    • INTERNATIONAL
    • MOTOR SPORTS
    • NEW PRODUCTS
    • RETAIL TIRES
    • SERVICE ZONE
    • SEMA/AAPEX
    • SMALL BUSINESS
    • TIRE MAKERS
    • SPONSORED CONTENT
    • Tire Cologne canceled; rescheduled until 2022
      New round of Paycheck Protection Program funding opens
      Vaccine may usher sense of normalcy
      Cover-up: More retailers requiring face masks to curb COVID
    • Icahn Auto trims fiscal 2020 operating loss despite 14% lower sales
      Oshkosh unit gets contract for new USPS local delivery vehicle
      Sumitomo adds treadwear-detection to 'Sensor Core' toolkit
      New Porsche 911 GT3 to feature Michelin fitment
    • Icahn Auto trims fiscal 2020 operating loss despite 14% lower sales
      Oshkosh unit gets contract for new USPS local delivery vehicle
      Yokohama sets ambitious goals through 2023
      Conti recalling 94,000 Conti-, General-, Barum-brand LT/SUV tires
    • TravelCenters plans 6 TA Express sites in California in 2021
      Carlisle TyrFil broadens recycling technology options
      U.K. retreader Vaculug to promote tread rubber supplier Vipal
      TMC moves spring conference online, sets trade show for September
    • Oshkosh unit gets contract for new USPS local delivery vehicle
      Conti recalling 94,000 Conti-, General-, Barum-brand LT/SUV tires
      Cooper expands recall of Cooper, Mastercraft grand-touring tires
      DOT issues 13 tire plant ID codes in 2020
    • Yokohama sets ambitious goals through 2023
      OK Tire secures exclusivity for Blackhawk tire brand
      U.K. retreader Vaculug to promote tread rubber supplier Vipal
      Execs: Goodyear acquisition of Cooper will benefit dealers
    • Bridgestone World Solar Challenge canceled due to pandemic restrictions
      Pirelli, Goodyear ink sedan racing series contracts in Canada, Europe
      Goodyear extends partnership with Nürburgring race circuit
      BFG to support ATV/UTV racers in WORCS series
    • Michelin launching ‘eco-responsible' performance tire for sporty EVs
      Martins Industries launches products in 3 categories
      Carlisle TyrFil broadens recycling technology options
      New McLaren supercar incorporates Pirelli's Cyber Tyre system
    • Icahn Auto trims fiscal 2020 operating loss despite 14% lower sales
      Cooper recalling 430,000+ whitewall LT tires in multiple brands
      OK Tire secures exclusivity for Blackhawk tire brand
      NPW hires Switzer as national sales manager
    • Automotive Lift Institute introduces Check360 inspection, label
      Martins Industries launches products in 3 categories
      Marinucci: Effective road test may eliminate issues
      Our View: Shops must alter ways to attract, retain talent
    • SEMA scholarships and loan forgiveness now available
      WTC hosting webinar Jan. 20 on load-capacity standards
      Denver's Brian Sump named AAPEX Shop Owner of the Year
      DUB, TIS Wheels founder Myles Kovacs is SEMA Person of the Year
    • Trade groups oppose minimum wage increase proposal
      New stimulus package fixes PPP loan confusion
      Vaccine may usher sense of normalcy
      2020 Review: PPP loans give boost to small businesses
    • Michelin launching ‘eco-responsible' performance tire for sporty EVs
      Goodyear, Cooper deal creates tire production synergies
      Goodyear promotes Helsel to senior VP, global operations role
      Tire dealers see possibilities in Goodyear, Cooper deal
    • Sponsored By Yokohama Tire Company
      7 questions to ask consumers when they need tires for a crossover SUV
      Sponsored By Yokohama Tire Company
      Stocking Tires for Crossover SUVs
      Sponsored By AppointmentPlus
      Three Important Lessons Learned for the Tire Business During a Pandemic
      Sponsored By Yokohama Tire Company
      7 questions to ask consumers when they need tires for a crossover SUV
  • SHOP FLOOR
    • BALANCING
    • DEMOUNTING
    • SAFETY
    • TIRE REPAIR
    • TPMS
    • TRAINING
    • VEHICLE LIFTING
    • WHEEL TORQUE
    • Video: Balancing Tire
      Safety tips for wheel balancing
      An introduction to wheel balancing
      Wheel weights: Balancing form with function
    • Video: Demounting
      Tire changer types, tips and trends
      How to clear rim rust and corrosion
      An introduction to demounting, mounting and inflation
    • Video: Safety
      Customers
      Considerations for shop safety policies
      Introduction: Creating a culture of safety
    • Video: Tire Repair
      Essential tools, materials and equipment for tire repair
      An introduction to tire repair
      How to properly patch a puncture
    • Video: TMPS Service
      The life-saving work of TPMS
      An introduction to TPMS service
      The importance of proper relearn procedures
    • Video: Training
      Internship ideas to attract tech talent
      Choosing the right auto service tech school
      Intro: Finding and training technicians
    • Video:Vehicle Lifting
      The gravity of proper lift points
      Safety essentials when using jack stands
      An introduction to lifts and lift safety
    • Video: Wheel Torque
      The importance of torque specifications
      Introduction to proper wheel installation
      Torque check and recheck recommendations
  • Multimedia
    • VIDEOS
    • PHOTOS
    • PODCASTS
  • Events
    • ASK THE EXPERT
    • LIVESTREAMS
    • WEBINARS
    • SEMA LIVESTREAMS
  • Data
    • DATA STORE
  • Resources
    • DIRECTORY
    • CLASSIFIEDS
  • ADVERTISE
  • DIGITAL EDITION
  • Awards
    • Tire Dealer Humanitarian Award
MENU
Breadcrumb
  1. Home
  2. News
November 09, 2020 02:22 PM

Jiffy Lube leads auto sector on Franchise Times' list

Tire Business Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    MINNEAPOLIS — Led by Jiffy Lube Franchising, 14 automotive aftermarket-related franchise groups earned spots on Franchise Times' latest ranking of leading franchise opportunities.

    Systemwide sales for automotive aftermarket franchises — a category that includes everything from auto repair and oil change companies to detailing and tire sales — increased 7.8% in 2019 to $11.6 billion, the biggest boost in five years, Franchise Times said, noting that the typical car on the road today is nearly 12 years old, providing plenty of business opportunity for auto-related franchises.

    The Minneapolis-based magazine published the rankings in its October issue.

    Oil change franchises — Jiffy Lube, Valvoline Instant Oil Change, Take 5 Oil, Grease Monkey and SpeeDee Oil Change — accounted for $3.4 billion in sales, an increase of 8.5% over 2018, the magazine said.

    Oil change businesses Grease Monkey and SpeeDee, both franchised by Full Speed Automotive, led the segment in sales growth, with 24.1% and 18.7%, respectively, Franchise Times said. Both also were the major climbers in the rankings, up 26 spots to No. 241 and up 22 spots to No. 328.

    TBC Corp. also had two entries, Midas International at No. 80 and Big O Tires at No 103. Midas, the largest brand in the repair segment, reported 3.5% higher of $1.55 billion over 2018. RNR Tire Express, No. 252, reported 13.1% growth to $184 million.

    Will Heltom, TBC vice president and Midas general manager, said the magazine's ranking reflects Midas' strong sales performance in recent years.

    "We are excited to be the No. 1 full-service car care provider on the Franchise Times Top 200+ List," said "Being top in our category is a tribute to the drive, customer-commitment and entrepreneurial spirit of our franchisees."

    Jim Bull, TBC vice president and general manager of Big O Tires, said Franchise Times' recognition "epitomizes the Big O Tires commitment to being The Team You Trust for both our franchisees and customers.

    "We … look forward to building upon this momentum as we continue to grow and attract new franchisees. For those looking to grow their business, we have a lot to offer and this acknowledgment speaks to our thriving brand."

    Companies ranked are:

           Rank — Company / franchise units / systemwide sales (2019)

    •   72 — Jiffy Lube / 2,098 units / $1,785.0 million*;
    •   78 — Snap-on Inc. / 4,799 units / $1,649.5 million;
    •   80 — Midas International / 2,077 units / $1,550.0 million*;
    •   91 — Valvoline Instant Oil Change / 1,299 units / $1,299.0 million;
    • 103 — Big O Tires / 463 units / $912.5 million*;
    • 148 — Meineke Car Care Centers / 803 units / $543.7 million;
    • 178 — AAMCO Transmissions & Total Car Care / 579 units / $419.1 milion;
    • 198 — Take 5 Oil Change / 516 units / $343.0 million;
    • 201 — Christian Brothers Automotive / 213 units / $330.0 million;
    • 241 — Grease Monkey / 364 units / $205.7 million;
    • 252 — RNR Tire Express / 129 units / $183.9 million;
    • 284 — Tuffy Tire & Automotive / 172 units / $151.7 million;
    • 300 — Mighty Auto Parts / 100 units / $137.6 million
    • 328 — SpeeDee Oil Change / 117 units / $97.8 million
    • *estimated

    The Franchise Times Top 200+ is an annual ranking of the 500 largest franchise systems in the U.S. by global systemwide sales, based on the previous year's performance.

    The rankings are based on a combination of companies' voluntary reports and publicly available data, including the franchises' most recent franchise disclosure documents and Securities and Exchange Commission filings.

    To qualify, a company must be a legal U.S. franchise. Franchisees must own at least 15% of the company's total units. The company must also be based in the U.S. and have at least 10% of its units in the U.S.

    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Tire Business would love to hear from you. Email your letter to Editor Don Detore at [email protected].

    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Newsletter Center

    Staying current is easy with Tire Business delivered straight to your inbox.

    SUBSCRIBE TODAY

    Subscribe to Tire Business

    SUBSCRIBE
    Connect with Us
    • Facebook
    • LinkedIn
    • Twitter
    • RSS

    Our Mission

    Tire Business is an award-winning publication dedicated to providing the latest news, data and insights into the tire and automotive service industries.

    tb-logo
    Reader Services
    • Contact Us
    • About Us
    • Site Map
    • Industry Sites
    • Order Reprints
    • Customer Service: 877-320-1716
    Partner Sites
    • Rubber & Plastics News
    • European Rubber Journal
    • Automotive News
    • Plastics News
    • Plastics News China
    • Urethanes Technology
    RESOURCES
    • Advertise
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Media Guide
    • Editorial Calendar
    • Classified Rates
    • Digital Edition
    • Careers
    • Ad Choices Ad Choices
    Copyright © 1996-2021. Crain Communications, Inc. All Rights Reserved.
    • News
      • OPINION
      • CORONAVIRUS
      • AUTO INDUSTRY
      • BUSINESS/FINANCIAL
      • COMMERCIAL TIRE
      • FACTORY FIXES
      • GOVERNMENT & LAW
      • INTERNATIONAL
      • MOTOR SPORTS
      • NEW PRODUCTS
      • RETAIL TIRES
      • SERVICE ZONE
      • SEMA/AAPEX
      • SMALL BUSINESS
      • TIRE MAKERS
      • SPONSORED CONTENT
    • SHOP FLOOR
      • BALANCING
      • DEMOUNTING
      • SAFETY
      • TIRE REPAIR
      • TPMS
      • TRAINING
      • VEHICLE LIFTING
      • WHEEL TORQUE
    • Multimedia
      • VIDEOS
      • PHOTOS
      • PODCASTS
    • Events
      • ASK THE EXPERT
      • LIVESTREAMS
      • WEBINARS
      • SEMA LIVESTREAMS
    • Data
      • DATA STORE
    • Resources
      • DIRECTORY
      • CLASSIFIEDS
    • ADVERTISE
    • DIGITAL EDITION
    • Awards
      • Tire Dealer Humanitarian Award