Freedom Cars Franchise Business for Sale
Company overview and history
- Founded in 2006 by Paul Green in Maroochydore, Queensland, Australia
- Addressed a niche market for individuals with bad credit; 80% of the population had bad credit
- Evolved into a successful business model focused on high-profit, passive income for licensees
- Developed cloud-based software and innovative processes, including GPS tracking and automated payment collection
- Established non-regulated systems with legal assistance to ensure compliance
Product/service offerings
- Vehicle Rental and Ownership: "Indefinite Period Rental Agreement" allows rental with an option to own after 12 months
- No Credit Checks: Approves rentals for individuals with bad credit history or financial constraints
- Support and Systems: Proven business systems, professional marketing plans, ongoing support, and leads supplied to franchisees
- Passive Income and Remote Operation: Potential for daily passive income and remote business management
- Motor Dealer License Assistance: Helps franchisees obtain a Motor Dealers License
Image Gallery for Freedom Cars
Target market and industry trends
- Targets a broad segment, especially those struggling with vehicle financing, approximately 80% of the population
- Caters to customers needing to repair credit scores; no lock-in contracts; any vehicle can be chosen
- Resilience and growth in the Australian automobile market despite global challenges
- Trend towards electric vehicles; market revenue predicted to reach US$2.85 billion in 2023; gasoline cars remain mainstream
- Increased focus on sustainability; 68% of executives report higher investment in sustainability
- Rising popularity of car-sharing services due to high ownership costs and demand for flexibility
Ongoing fees (royalties, marketing fees)
- No ongoing franchise fees
- Lead Fee on successful applications
- Low staff costs
Training and support provided to franchisees
- Franchisees receive pre-opening training on business operations and skills
- Emphasis on preparing franchisees without prior motor dealer experience
- Ongoing support includes software upgrades and custom module additions
- Backend customer management for payment and collections reduces administrative burden
- Franchisees receive leads via email and software dashboard
- Free setup and monitoring of social media accounts and group advertising support
- Proven business systems and marketing tools developed over 16 years
- Commitment to helping franchisees build revenue and support for unprofitable businesses
Day in the life
While specific details of a typical day are not provided, based on the business model, a Freedom Cars franchisee might:
- Review and respond to new leads provided through the franchise system
- Process rental applications and conduct customer interviews
- Manage vehicle inventory and coordinate any necessary maintenance or repairs
- Monitor GPS tracking systems and automated payment collections
- Handle customer inquiries and provide support
- Coordinate with the franchisor for marketing initiatives and system updates
- Review financial reports and manage cash flow
- Engage in local marketing efforts and community outreach
- Ensure compliance with legal and franchise requirements
- Plan for business growth and potential expansion of vehicle fleet
This overview is based on the available information. For the most accurate and up-to-date details, interested parties should start the conversation with Freedom Cars via the ‘Send Enquiry’ function on Hattch.
Staffing requirements
Specific staffing requirements are not provided in the available information. However, given the nature of the business, it's likely that franchisees would need:
- Administrative staff for customer service and paperwork
- Sales representatives to handle customer inquiries and vehicle rentals
- Possibly mechanics or vehicle maintenance staff, depending on the franchise model
Location requirements and territory information
- Franchises can be located in various regions, including major cities and suburban areas
- Current locations include Canberra, Gold Coast, Chermside, Moorooka, Sydney West, Parramatta, Sydney South, Liverpool, and Dandenong
- Limited territories are designated for new franchises to ensure market coverage without overlap
- No requirement for franchisees to own the land or property
- Support for setting up and managing the business is provided, including free setup and monitoring of electronic media
Financing options available
Specific financing options are not mentioned in the available information. Interested parties should enquire using the ‘Send Enquiry’ function on Hattch.
Franchisee qualifications and experience required
- Minimum $180,000 in working capital
- Minimal upfront franchise cost; significant investment in stock required
- No motor trade experience necessary; business management skills beneficial
- Finance industry experience not mandatory; advantageous
- $10,000 fully refundable deposit required
- Personal, address, and business details needed, including previous employment
- Disclosure of criminal charges, bankruptcy, or pending court actions required
Unique selling propositions and competitive advantages
- Addresses a niche market for individuals with bad credit
- No credit checks required for vehicle rentals
- Option to own the vehicle after 12 months of rental
- Passive income potential for franchisees
- Proprietary cloud-based software and GPS tracking systems
- Automated payment collection reducing administrative burden
- Proven business systems and marketing plans
- Ongoing support and lead generation for franchisees
- Assistance in obtaining Motor Dealers License
- Low upfront costs and no ongoing franchise fees
Challenges and potential risks for franchisees
- Significant investment in vehicle stock required
- Potential risks associated with renting to individuals with bad credit
- Dependence on the franchisor's systems and lead generation
- Market fluctuations in the automotive industry
- Regulatory changes affecting non-traditional car rental/ownership models
- Competition from traditional car dealerships and rental companies
- Economic factors affecting consumer spending and credit availability
Testimonials or success stories from current franchisees
While specific testimonials are not provided in the available information, the franchise model is described as offering:
- Strong returns and is described as recession-proof
- Massive profits and passive income potential
- Benefits from proven systems, professional marketing plans, and ongoing support
- A unique business model with support for obtaining a Motor Dealers License
- Low entry cost and minimal upfront franchise fees as attractive features
Application process and next steps for interested parties
- Reach out using the ‘Send Enquiry’ function on Hattch.
- Commit to a $10,000 fully refundable deposit and have access to a minimum of $180,000 in working capital
- Answer application questions regarding motor trade experience, finance needs, and any prior criminal charges or bankruptcy
- Submit your application along with the required information for review
- Contact Freedom Cars for any questions or additional information
- Ensure compliance with the Franchising Code of Conduct and check the Franchise Disclosure Register
Freedom Cars Franchise Opportunities
Freedom Cars in Frankston
VIC 3199
Freedom Cars in Craigieburn
VIC 3064
Freedom Cars in Bundoora
VIC 3083
Freedom Cars in Werribee
VIC 3030
Freedom Cars in Sunshine
VIC 3020
Freedom Cars in Williamstown
VIC 3016
Freedom Cars in Airport West
VIC 3042
Freedom Cars in Preston
VIC 3072
Freedom Cars in Epping
VIC 3076
Freedom Cars in Ringwood
VIC 3134
Freedom Cars in Melbourne
VIC 3000
Freedom Cars in Geelong
VIC 3220
Freedom Cars in Traralgon
VIC 3844
Freedom Cars in Sale
VIC 3850
Freedom Cars in Bendigo
VIC 3550
Freedom Cars in Maryborough
VIC 3465
Freedom Cars in Echuca
VIC 3564
Freedom Cars in Shepparton
VIC 3630
Freedom Cars in Mildura
VIC 3500
Freedom Cars in Liverpool
NSW 2170
Freedom Cars in Sydney
NSW 2000
Freedom Cars in Campbelltown
NSW 2560
Freedom Cars in Bankstown
NSW 2200
Freedom Cars in Dee Why
NSW 2099
Freedom Cars in Chatswood
NSW 2067
Freedom Cars in Penrith
NSW 2750
Freedom Cars in Randwick
NSW 2031
Freedom Cars in Cronulla
NSW 2230
Freedom Cars in Gosford
NSW 2250
Freedom Cars in Newcastle
NSW 2300
Freedom Cars in Cessnock
NSW 2325
Freedom Cars in Port Macquarie
NSW 2444
Freedom Cars in Coffs Harbour
NSW 2450
Freedom Cars in Ballina
NSW 2478
Freedom Cars in Tweed Heads
NSW 2485
Freedom Cars in Surfers Paradise
QLD 4217
Freedom Cars in Coomera
QLD 4209
Freedom Cars in Indooroopilly
QLD 4068
Freedom Cars in Ipswich
QLD 4305
Freedom Cars in Brisbane City
QLD 4000
Freedom Cars in Cleveland
QLD 4163
Freedom Cars in North Lakes
QLD 4509
Freedom Cars in Redcliffe
QLD 4020
Freedom Cars in Caboolture
QLD 4510
Freedom Cars in Caloundra
QLD 4551
Freedom Cars in Maroochydore
QLD 4558
Freedom Cars in Gympie
QLD 4570
Freedom Cars in Maryborough
QLD 4650
Freedom Cars in Urraween
QLD 4655
Freedom Cars in Bundaberg Central
QLD 4670
Freedom Cars in Gladstone Central
QLD 4680
Freedom Cars in Rockhampton City
QLD 4700
Freedom Cars in Mackay
QLD 4740
Freedom Cars in Airlie Beach
QLD 4802
Freedom Cars in Townsville City
QLD 4810
Freedom Cars in Cairns City
QLD 4870
Freedom Cars in Darwin City
NT 800
Freedom Cars in Alice Springs
NT 870
Freedom Cars in Adelaide
SA 5000
Freedom Cars in Port Adelaide
SA 5015
Freedom Cars in Morphett Vale
SA 5162
Freedom Cars in Mount Gambier
SA 5290
Freedom Cars in Port Augusta
SA 5700
Freedom Cars in Port Lincoln
SA 5606
Freedom Cars in Ceduna
SA 5690
Freedom Cars in Perth
WA 6000
Freedom Cars in Cannington
WA 6107
Freedom Cars in Rockingham
WA 6168
Freedom Cars in Mandurah
WA 6210
Freedom Cars in Bunbury
WA 6230
Freedom Cars in Hobart
TAS 7000
Freedom Cars in Launceston
TAS 7250
Franchise Overview
Number of Franchises:
12
Number of Franchise Locations:
76
Franchise Partner Type:
Owner Operator
Investment Range:
$100K - $200K