CARSTAR FDD Summary
Type of Business
The franchise offered is to operate an automobile collision repair facility identified by distinctive trademarks and service marks, including the name CARSTAR®, and utilizing a system of regional marketing, preferred vendor relationships, business and financial analysis, providing services to the insurance industry, to commercial accounts, and to individual automobile owners.
Corporate Information
CARSTAR Franchisor SPV LLC is a Delaware limited liability company organized on October 7, 2015. Their principal business address is 440 South Church Street, Suite 700, Charlotte, North Carolina 28202. They are a direct, wholly-owned subsidiary of Driven Brands Funding, LLC, a Delaware limited liability company.
Investment
The total investment necessary to begin operation of a conversion CARSTAR franchise is $9,000 to $105,295. This includes $5,500 to $14,995 that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation of a new (ground-up) CARSTAR franchise is $283,700 to $824,300. This includes $5,500 to $40,000 that must be paid to the franchisor or an affiliate.