Carsbazr Opens First Franchise Outlet in Lagos

As part of efforts to encourage smallbusiness owners and car dealerships, Carsbazr, has officially opened its firstfranchise outlet in Lagos. The car lot, located in Allen Avenue, Ikeja is inpartnership with HCS Autos.

CEO, Cars45, Etop Ikpe stated that“the launch of this first franchise lot with HCS Autos is an official milestonefor us and we are excited about it, seeing that all of our previous lots areowned by the company.

“Carsbazr serves as a retailpoint for the Cars45 brand and provides consumers with the opportunity to buycars online and offline. This is the first time that we are extending thisopportunity to a reputable car dealer who has traded with us for a while to owna franchise lot where all the values that undergird our operations are extendedto this new setup.”

Similar, Olajide Adamolekun, CFO,Cars45, reiterated Carsbazr’s grand vision to make cars affordable andavailable to the Nigerian populace. “As a milestone on our journey to be thegold standard for the automotive industry in Nigeria, we have recentlypartnered CFAO Motors to push their new Suzuki cars to market. We pay carefulattention to customer service qualities and ensure that we deliver peerlessexperiences to all consumers,” he said.

While explaining the significanceof the launch, Adamolekun said that “car dealers and end-users can now haveaccess to a rich variety of cars that have been properly verified and checked,accompanied by a standard inspection report. What we are bringing to the marketisn’t just availability but access to cars with the right information such thatconsumers can make the right decision.”

The ceremony community leaders, top-ranking business officials, and Cars45 dealers. Special Guest of Honour at the event, CFO Providus Bank, Adeoye Ojuroye noted that “Cars45 has been able to create an opportunity for people to dream and earn a means of livelihood beyond selling cars. When people earn a living, it means that we can do much more – support families, communities and achieve our dreams. As a bank, we can support this kind of aspiration that empowers, enriches the lives of people and help businesses to prosper.”

CEO, HCS Autos, the franchisebeneficiary, Kunle Kosile, noted that Cars45 has given opportunities to a lotof young people in Nigeria and built a solid marketplace for buying and sellingcars. “I have partnered with them for a while and I can attest to the valuethey have brought to the market. This inaugural launch is just a tip of theice-berg and I expect the franchise lots to exceed the set target of 50 beforethe end of the year.”

Carsbazr currently has itsoperations spread across Lekki, Ikeja, Ikorodu, Oshodi and Amuwo areas ofLagos, Ibadan, Kano, Port-Harcourt, and Abuja. With a rich bouquet of productswhich includes dealer financing that has empowered many cars dealers toincrease their transaction volumes, Cars45 has been hailed as the indispensablecompany that encapsulates the ecosystem of verified used cars in Nigeria.

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