It’s fascinating how the biggest names in the car market started as the humblest of establishments. Any big automotive or car tool company name that you hear of is nothing but a result of extensive hard work, perseverance, and luck. The Entrepreneur is a media force at the vanguard of entrepreneurship’s culture, ethos, and lifestyle. It has been assisting company owners in starting, running, and growing their businesses for 43 years. With how-to material, books, webinars, videos, advisory services, and more, the brand now helps spark creative ideas and develop breakthrough growth plans. Over its 43-year history, The Franchise 500 has been a predominant competitive benchmark for franchisors and the main research tool for prospective franchisees. Highlighted below are the automotive franchise names that have ranked highest in the Franchise 500 list.
- Snap-on Tools: Joseph Johnson began to manufacture snap-on sockets for five changeable wrench handles in 1920, and Snap-on Tools was born. After a century, Snap-on Tools now offers a broader range of goods, tools, and services. It scored 31 on the Franchise 500 list. Snap-on Incorporated is an American manufacturer, marketer, and designer of high-end tools and materials for professional usage in the transportation industry, including the automobile, heavy-duty, equipment, aviation, marine, and railroad sectors. Snap-on also sells lower-cost tools under the Blue-Point brand. Some of their main competitors are Matco, Mac Tools, Cornwell Tools, and Ko-Ken Tools.
- Matco Tools: Matco Tools just missed out on becoming our highest automotive franchise, coming in one spot under Snap-on Tools in our overall Franchise 500 rankings. Founded in 1979, the manufacturing and distribution company now provides services for automotive equipment, tools, and toolboxes. Matco Tools, Inc., based in Stow, Ohio, is an American professional tool distributor and franchisor for the automotive and other industries. Over 13,000 distinct tools are included, including wrenches, gauges, and specialty equipment.
- Valvoline Instant Oil Change: Valvoline Instant Oil Change (VIOC), a branch of The Valvoline Co., was founded in 1986 and franchised in 1988. VIOC services more than 9 million clients per year, according to the company’s website, and franchise alternatives are available in Hawaii and Alaska. ValvolineTM has spent over 140 years developing its lubricants to improve vehicle performance. As a component of Valvoline, Instant Oil Change is a part of that long history. Here are just a very few of Valvoline’s accomplishments over the years.
- Cornwell Quality Tools began franchising in 1997, but the company was formed in 1919, more than a century earlier. “It all began in 1919.” Eugene Cornwell, a competent blacksmith, set up shop along the Cuyahoga River at Cuyahoga Falls, Ohio, and began pounding out tools on his anvil.” Cornwell has recently erected a 107,000-square-foot warehouse in Wadsworth, Ohio, and has partnered with the NHRA to support John Force® Racing.
- Jiffy Lube Int’l. Inc.: Jiffy Lube International, Inc. is an American oil change specialty shop business started in 1971 in Utah, United States. It is based in Houston, Texas, and has been a unit of Shell Petroleum since 2002. Jiffy Lube began in the 1970s, when full-service gas stations began to close, leaving customers without a reliable source for oil changes. And afterward, Shell Oil Company bought the company in the 1990s and 2002, respectively.
- Big O Tires LLC: Big O Tires is undoubtedly one of the most considerable tire franchisors in North America, with over 450 shops in the United States. It is a wholly-owned associate of TBC Corporation, based in Florida. Big O Tires offers routine repair and replacement assistance and a variety of additional services. At 91 in the Entrepreneur Franchise 500 list rank, the company has 463 units, and the initial franchise fee amounts to $311,000 to $1.1 million.
Every day, more and more new names appear in the global automotive franchise, and each one of them is just as substantial and respectable in their presence. While these names might be at the forefront, there is no denying that there are several more names who have not just managed to sustain themselves but reached the pinnacle of success. Byrider Franchise does not provide or guarantee financing to our franchisees directly. However, it does have agreements with various banks and lending agencies that are knowledgeable about both the funding of subprime automobile receivables and our specific business model. By choosing Byrider Franchise, you will be paving your way toward greater heights!
