Carstar Franchise Systems Inc.
#96 Franchise 500| Auto collision repair
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Carstar Franchise Systems Inc.
Auto collision repair

About
Founded

1989

Franchising Since

1989 (30 Years)

Corporate Address

440 S. Church St., #700
Charlotte, NC 28202

CEO

Michael Macaluso

Parent Company

Driven Brands

Financial Requirements
Initial Investment

$283,700 - $829,800

Net-worth Requirement

$500,000

Liquid Cash Requirement

$300,000

Ongoing Fees
Initial Franchise Fee

$14,995 - $20,000

Ongoing Royalty Fee

1.5%

Ad Royalty Fee

1%

Financing Options

Carstar Franchise Systems Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable

Support Options
Ongoing 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 Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

24-50 hours

Classroom Training:

16 hours

Additional Training:

Regional training, 1-2 days; Ongoing training at franchisee's location as needed

Absentee Ownership Allowed
Number of Employees Required to Run:

8 - 9

Carstar Franchise Systems Inc. is ranked #96 in the Franchise 500!
Cost
Initial Investment: Low - $283,700 High - $829,800
Units
+13.1%+70 UNITS (1 Year) +36.3%+161 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: July 5th, 2019