Freedom Cars Franchise Business for Sale

• 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

• 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

• 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

• No ongoing franchise fees
• Lead Fee on successful applications
• Low staff costs

• 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

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.

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

• 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

Specific financing options are not mentioned in the available information. Interested parties should enquire using the ‘Send Enquiry’ function on Hattch.

• 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

• 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

• 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