With new programs in place and a solid start to
2010, Driven Brands—parent
company to six franchised automotive brands, including Meineke Car Care
Centers, Maaco Collision Repair & Auto Painting and Econo Lube N’ Tune,
Inc.—is the perfect example of how
businesses can still drive sales and attract franchisees regardless of the
economy. This week, we found out how Driven Brands has adapted to the changing
times and why the West Coast Franchise Expo (WCFE) fits into its plan to stay
on top via Dave Schaefers, senior
vice president of franchise development.
What
brings you to the WCFE again this year?
Trade
shows are a great way to increase brand awareness and recruit potential
investors—both of which will help grow our franchises throughout 2010 and
upcoming years. We have had tremendous success on the West Coast—specifically
in
Have
you been implementing any new initiatives to attract franchisees?
Driven
Brands launched its Jump Start Program in June 2009. It offers shut-down
dealerships faced with closing their doors or becoming used car dealers the
opportunity to become franchisees of
the company’s nationally recognized brands at highly discounted costs.
Approximately 20 dealerships have already joined the Jump Start Program. In
addition, I launched the Maaco and Meineke Advantage conversion programs, which
are really starting to take off. We’ve had a great Fiscal 2010 in terms of
license sales, openings and SSS at the various brand levels, and we have plans
to continue that success in upcoming years.
What
type of growth have you experienced specifically in the West Coast over the
past few years?
We’ve
signed 32 franchise agreements in
What
advice would you give to someone who is considering exhibiting at any of the
franchise expos?
Attend the event organized and with a great deal of
energy. Also, have specific goals in mind. Think about how many candidates you
want to talk to and what your license sales expectations are. Also consider
your networking goals. It’s not a bad idea to explore the trade show floor
either. There are a number of great thinkers who have put together great
material and ideas; you don’t always have to reinvent the wheel.
Visit Maaco Collision
Repair at booth 612 and