Franchise Summary
Description
The franchised business being offered is CARSTAR® an automobile collision repair facility identified by distinctive trademarks and service marks, utilizing a system of regional marketing, preferred vendor relationships, and business and financial analysis.
Company Background
CARSTAR is the one-stop collision repair headquarters for car owners. With more than 400 locations across North America, CARSTAR is able to provide customers with high quality service, quick turnaround time and affordable pricing. The company has been in operation since 1983 and offers a variety of services including general repairs, paintless dent removal, glass replacement, wheel alignment and tire installation. The franchise opportunity includes exclusive use of distinctive trademarks that are recognized by consumers worldwide as the standard in auto collision repair technology.
Franchise Opportunity
A lot of people are afraid to have their car fixed because they don't know the difference between a good and bad mechanic. CARSTAR offers comprehensive auto repair services that can be trusted by insurance companies, commercial accounts and individual customers. We offer a full range of collision repair services as well as cosmetic repairs, maintenance services and paintless dent removal. Our technicians are certified in more than 30 different areas of automotive expertise and we've been doing business for over 40 years. If you want an honest opinion about what's wrong with your vehicle, our experts will give it to you straight without any hidden agendas or "upselling." You can trust us to provide high quality work at competitive prices while treating every customer like family. We're proud to be an independent company with no affiliation with any manufacturer or dealership so we never have to compromise on service quality in order to earn sales commissions from new parts or vehicles.
Corporate Structure
The franchisor is CARSTAR Franchisor SPV LLC, a Delaware limited liability company organized on October 7, 2015. Its principal business address is 440 South Church Street, Suite 700, Charlotte, North Carolina 28202.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Automotive Industry$2,137,047 / unit
Franchise Type: Standard
Average Revenue During 2021
Franchise Types Available
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Employee Contact Database
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Distribution of CARSTAR Franchisees
CARSTAR Franchise System Development in 2024
FAQ
How much investment do I need to start my own CARSTAR business?
Franchisees typically require at least $298,200 to $804,300 investment to get their CARSTAR business started
What are the initial franchise fees for CARSTAR?
Franchisees typically need to pay at least $10,000 in fees directly to CARSTAR in order to earn the right to launch their business
How much money can I make with a CARSTAR franchise? What are
the average revenues for a typical CARSTAR business?
We estimate that the average revenue of an individual
CARSTAR unit is approximately
$2,137,047. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a CARSTAR unit? What
is my contractual commitment?
CARSTAR franchisees are typically required to sign up to a
5 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$298,200 to $804,300
which is
Much Higher
than the $0 to $0 average in the Automotive industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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