The Indo-US Venture Partners backed multi-brand car repair and maintenance services company CarZ has announced a franchisee programme CarZ Xpress and plans to open about 100 franchises in the next 36 months.

CarZ currently operates 12 company-owned ‘Grande’ facilities in Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu. These facilities offer repair services for all makes and models of cars along with nationwide 24x7 roadside assistance. While encouraging franchisee outlets, the company will continue to expand the Grande formats as well.

The first outlet of CarZ Xpress was launched recently in Hyderabad. The model improves accessibility and service to the car-owner as well as provides tremendous opportunity for entrepreneurs seeking entry into the fast-growing car service sector.

Venu Donepudi, MD, CarZ in a statement said, “Currently only about 30 per cent of the cars are repaired and serviced at authorised dealers/service centres. There is a huge opportunity for organised, independent, and multi-brand car repair and service providers, considering that India has a current car parcel of over 20 million. And every year over 2.5 million cars are sold in India, making it the seventh largest auto market in the world. By 2017, it is estimated that this number will grow to 7 million cars sold each year.”

“To tap this huge market, we have developed a cost effective, no-frills, great service, budget price model called CarZ Xpress. We are committed to working with entrepreneurs and making them successful while expanding our footprint across the country,” Venu said.

Published on July 30, 2015