CARSTAR Franchise

Car repair

CARSTAR is a champion of the independent collision repair operators, consequently, CARSTAR is the largest automotive collision repair franchise in North America. The well publicized industry dynamitics: declining repair opportunities, acceleration in shops being de-selected from Insurance referral programs, excess repair capacity, increased competition from Multi-Shop Operators and Consolidators, and scarcity of skilled labor, has changed how the Independent Collision Repair Operator needs to conduct business. The CARSTAR Franchise program offers many solutions to these and other issues in which you and your business may be facing. We believe we are the champion for quality Independent shops, providing effective training solutions, staying involved in National and Local Industry Associations and developing sale and marketing programs to help our Franchisees compete in this turbulent market.CARSTAR leverages the purchasing power of Driven Brands to provide tremendous benefits for our CARSTAR store owners. Nearly 50 corporately managed purchasing programs provide our CARSTAR partners on average $25,000 or more in cost savings and rebates. With larger volume stores easily surpassing that amount in rebates. Store owners also benefit from a national fleet program, top vendor partnerships and support from national service providers.The total investment necessary to begin operation of a conversion CARSTAR franchise is $23,500 to $165,300. This includes $10,000 to $20,000 that must be paid to the franchisor or affiliate. The total investment necessary to begin operation of a new (ground-up) CARSTAR franchise is $298,200 to $804,300. This includes $10,000 to $20,000 that must be paid to the franchisor or affiliate. #17 in Canada's Top franchises.#120 in Franchise 500 for 2020.#164 in Franchise 500 for 2021.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of CARSTAR, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official CARSTAR website.

How much does it cost to open a CARSTAR Franchise ?

The investment required to open a CARSTAR Franchise is between $298,200 - $804,300 . There is an initial franchise fee of $20,000 -$30,000 which grants you the license to run a business under the CARSTAR name.

Individual Franchise Costs

  • Initial Investment:
    $298,200 -
  • Initial Franchise Fee:
    $20,000 - $30,000
  • Royalty Fee:
    1.50%
  • Advertising Fee:
    1%

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

Training
On-The-Job Training: 12 hours Classroom Training: 20 hours Additional Training: Regional training, 1-2 days; Ongoing training at franchisee's location as needed

Support
Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform

Marketing
Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing

CARSTAR Growth History

When did the first CARSTAR open? 1989
When did CARSTAR start Franchising ? 1989

Absentee Ownership Allowed Number of Employees Required to Run: 8 - 9

Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory



How much money you could make as a CARSTAR Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a CARSTAR Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$20,000 - $804,300
Initial Franchise Fee
$20,000 - $30,000
Royalty Fee
1.50%
Advertising Fee
1%
CARSTAR Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for CARSTAR and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a CARSTAR franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.