L-R CEO HCS Global Resources Ltd, Kunle Kosile; Chief Financial Officer, ProvidusBank, Adeoye Ojuroye; Chief Financial Officer, Car45, Olajide Adamolekun and CEO Cars45, Etop Ikpe at the launch of the first Carsbazr retail franchise lot with HCS Autos in Ikeja, Lagos

In a trail-blazing move aimed at empowering small business owners and car dealerships, Carsbazr, has officially opened its first franchise outlet in Lagos.

The car lot, located in Allen Avenue, Ikeja is in partnership with HCS Autos.

Speaking on the historic occasion, CEO, Cars45, Etop Ikpe enthused that “the launch of this first franchise lot with HCS Autos is an official milestone for us and we are excited about it, seeing that all of our previous lots are owned by the company.”

“Carsbazr serves as a retail point for the Cars45 brand and provides consumers with the opportunity to buy cars online and offline. This is the first time that we are extending this opportunity to a reputable car dealer who has traded with us for a while to own a franchise lot where all the values that undergird our operations are extended to this new setup,” Ikpe said.

In a similar vein, CFO, Cars45, Olajide Adamolekun reiterated Carsbazr’s grand vision to make cars affordable and available to the Nigerian populace. “As a milestone on our journey to be the gold standard for the automotive industry in Nigeria, we have recently partnered CFAO Motors to push their new Suzuki cars to market.

We pay careful attention to customer service qualities and ensure that we deliver peerless experiences to all consumers,” he said.

On the significance of the launch, Adamolekun said that “car dealers and end-users can now have access 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 market isn’t just availability but access to cars with the right information such that consumers can make the right decision.”

The grand opening attracted community leaders, top ranking business officials and Cars45 dealers. Special Guest of Honour at the event, CFO ProvidusBank, 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 franchise beneficiary, Kunle Kosile, noted that Cars45 has given opportunities to a lot of young people in Nigeria and built a solid marketplace for buying and selling cars. “I have partnered with them for a while and I can attest to the value they have brought to the market.

This inaugural launch is just a tip of the ice-berg and I expect the franchise lots to exceed the set target of 50 before the end of the year.”

Carsbazr currently has its operations spread across Lekki, Ikeja, Ikorodu, Oshodi and Amuwo areas of Lagos, Ibadan, Kano, Port-Harcourt, and Abuja.

With a rich bouquet of products which includes dealer financing that has empowered many cars dealers to increase their transaction volumes, Cars45 has been hailed as the indispensable company that encapsulates the ecosystem of verified used cars in Nigeria.

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