Driven Brands open 10th Take 5 co-development site in North Carolina
The company has opened a new facility that brings together both the Take 5 Oil Change and the Take Car Wash brands after the latter confirmed the rebranding of over 200 locations.
Driven Brands Holdings announced the opening of its tenth Take 5 co-development in Concord, North Carolina. The site brings together the Take 5 Oil Change and Take 5 Car Wash services in one convenient location to simplify the car care experience for customers.
The new development drives operational synergies by creating a quick lube and car wash concurrently, further enhancing the unit-level economics. Building on the early success of the concept, the company has a pipeline of over 50 co-developed locations set to open in the next two years.
This milestone follows Driven Brands’ 2022 announcement that it would convert all its U.S. car wash locations to the Take 5 brand. Over 200 of the firm's car wash locations now operate under the same banner, and the company is on track to complete the full rebranding by the end of the year.
"Creating a one-stop-shop for a customers' car wash and quick lube needs in one convenient location is a testament to the brand power behind Take 5, redefining the category with a solutions-based approach to car care. As we scale our footprint, the synergies across our business will only grow. In addition to superior brand recognition and cross-selling capabilities, this will be a meaningful tailwind to our large and growing Take 5 Unlimited wash club subscription program," said John Teddy, EVP and President of Take 5 Car Wash.
Headquartered in Charlotte, North Carolina, Take 5 Car Wash is one of the largest express car wash operators in the United States with over 360 sites nationwide. Established in 2020, the brand drives performance through national procurement, marketing, and training programs.
