Maaco Cup Award Winner Experiences Continued Growth Following the Playbook.

CHARLOTTE– When Nick Patel came to America from India at the age of 18, he began working at his brother-in-law’s Maaco shop. Soon afterward, at 22, he became a franchise owner himself.

“I saw that Maaco had a business model that worked,” said Patel, whose shop is in Villa Park, IL. “Now 20 years later, I continue to follow the playbook that led me to build a successful business and receiving the prestigious 2018 Maaco Cup Award.”

The Maaco Cup recognizes the Maaco Collision Center owner based on top sales and production, commitment to the Maaco system and contribution in the respective market. In 2017, Patel won regional recognition at the Maaco convention, and in 2018 received the top national award after nine consecutive years of sales growth.

Patel said that one of the factors that contributed to a successful 2018 was an increase in fleet business through participation in the Maaco Driven Fleet program, which provides qualified owners access to over 200 national fleets.

“The Maaco model is a very diversified customer base, a combination of customer paid painting and minor repair, insurance paid collision work, and fleet business,” said Patel. “This helps ensure a steady flow of revenue from multiple sources.”

Patel is a strong proponent of training and takes advantage of the learning opportunities Maaco provides. He attends Maaco conferences and often hosts regional meetings and training events at his store location. The Villa Park store is an I-CAR Gold Certified Center, which is the industry recognized designation which mean the technicians have been trained in proper vehicle repairs. Patel’s nine employees participate in the I-CAR training courses through Maaco University. Maaco introduced a new Maaco University in 2018 to accelerate the training and support for franchise owners and their staff. All of Patel’s employees are cross-trained, making each more versatile and more valuable to the overall operation.

Over its 47-year history, Maaco has turned thousands of entrepreneurs and automotive professionals into successful independent business owners like Patel.

“If you work hard, follow the playbook, and utilize the extensive training that Maaco University provides, you will have success” said Patel. “It is a business model that works!”

Maaco, the leader in the $43 billion automotive paint and collision industry, offers a unique and rewarding opportunity for potential franchise owners. An average Maaco certified center will see sales volumes over $1.13 million*, pulling a net income over $200,000*.

For entrepreneurs and investors looking for a turnkey, high-potential business with consistent demand, a strong national brand and an excellent operations model, all backed by strategic corporate support, Maaco offers an ideal opportunity.

To learn more about franchising opportunities with Maaco, visit www.franchisewithmaaco.comor contact Mason Bennet at mbennett@maaco.com.

About Maaco

Maaco Auto Painting & Collision Repair, a member of the Driven Brands® portfolio, is America’s #1 Bodyshop. Maaco provides automotive paint and cosmetic repair services for nearly 500,000 drivers annually. With more than 500 independently owned and operated franchises across the United States and Canada, Maaco has restored the safety and appearance of more than 20 million vehicles over 45 years. Maaco has been named a top automotive franchise numerous times by Entrepreneur Magazine in its Annual Franchise 500 ranking. In addition to other honors, Maaco has been included on Franchise Times’ list of Top 200 franchises. For more information about Maaco, visit www.Maaco.com. For more information about franchising opportunities, visit www.Maaco.com/franchise-opportunities.

About Driven Brands

Driven Brands, headquartered in Charlotte, NC, is the parent company of North America’s leading automotive aftermarket brands across four distinct verticals: Repair & Maintenance, housing Meineke Car Care Centers®; Paint & Collision, housing Maaco® and CARSTAR North America®; Distribution, housing 1-800-Radiator & A/C®; and Quick Lube, housing Take 5 Oil Change. Driven Brands has more than 2,500 centers across North America, and combined, all businesses generate more than $2.6 billion in system sales and service approximately 8 million vehicles annually. For more information, visit drivenbrands.com

*This information is based upon actual, historical financial information provided by Maaco franchisees and is disclosed in MAACO’s Franchise Disclosure Document (“FDD”). Individual results may vary. Historical financial performance does not guarantee future results. For further information about franchisee financial performance, see Item 19 of the FDD. Average Sales and average income based on 158 Certified Centers who report at least 50 weeks of gross sales for the 52-week period beginning 1/1/2017 and ending 12/31/2017.