CARSTAR
Full-service automobile collision repair facilities that repair and repaint automobiles and light trucks damaged in collisions, with a focus on insurance-related collision repair work for individual vehicle owners, insurance companies, and fleet accounts.
Your franchise match score
Automotive
Brand highlights
- CEOJonathan Fitzpatrick
- Headquarters440 South Church Street, Charlotte, NC, 28202
- Year founded2015
- Year started franchising1989
- IndustryAutomotive
- Locations open395 (+121 last three years)
Statistics & metrics
- Investment range$23,500 - $165,300
- Franchise fee$10,000
- Royalty
- Brand fundGreater of $500 or 1% of monthly Gross Sales. This fee increases to 1.5% of monthly Gross Sales if you (i) are not in compliance with IMF guidelines (the “IMF Guidelines”), (ii) fail to maintain our image program, or (iii) fail to timely submit monthly fee reports, until you comply with each of these requirements
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Automotive industry:
The automotive industry offers a wide range of franchise opportunities, from repair and maintenance shops to car washes and dealerships. This sector is known for its steady demand and resilience, making it a popular choice for aspiring business owners.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2021-05-14
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about CARSTAR, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of CARSTAR's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving CARSTAR, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a CARSTAR franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information CARSTAR provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 395 |
| Franchise locations | 395 |
| Corporate locations | 0 |
System growth over time
FAQs
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