FRANCHISOR OPPORTUNITIES
Automotive
CHANGE MY TYRE
Category: Automotive
Area: 1000 - 1500 Sqft
No. of Franchise Outlet: 15
Investment:Rs 20 lac-Rs 30 lac
Business Details
Changemytyre Pitstop is India\\'s first initiative to roll out a modern chain of multi brand tyre stores in India and is promoted by India\\'s first and largest online tyre store - Changemytyre. The tyre business has been till now been handed over from one generation to another and the trade know how was not easy to pass on to the new person wanting to enter into this business. Changemytyre now invites automotive enthusiasts to join hand with a highly professional outfit as our franchisees in this highly profitable , engaging and scalable business. This unique model makes it easy for the franchisees to open multi brand tyre stores with company taking care of all their issues and challenges relating to sourcing , training , equipment and planning. This franchise model is based on motto to have multiple verticals for franchisees to generate revenues with given infrastructure and manpower. This allows business to break even faster and expedite the process of building upon the capital . Various business verticals covered in this business are as under : 1. Sales of Tyres- Car, Bike , Truck and Bus.2. Tyre Services - Wheel Balancing and Wheel alignment.3. Car Detailing - Steam wash , Bubble wash , Waxing , Dry cleaning and Polishing. 4. Distribution Centre- Franchisees will also act as distributors of Automotive products , in their cities, imported and sold by the company. 5. Sale of alloy wheels6. Sale of auto accessories The diversified portfolio allows franchisees to have multiple earning points from both product sales and well as sales of services. The manpower employed by the franchisees will be trained in such a way that they will be able to handle all the servicing requirement.
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CHANGE MY TYRE Investment Detail
Date Commenced Operations
:2012
Date Commenced Frachising / Distribution
:2013
Are you looking for Franchise ?
Unit
Area
Investment
Storewise
Rs 20 lac-Rs 30 lac
Is there exclusive territorial rights given to a unit franchise?
:Yes
Are any performance guarantees given to unit franchisees?
:No
What is the anticipated percentage return on investment?
:35 %
What is the likely pay back period of capital for a unit franchise?
:2 Years
Are there other investment requirements?
:
CHANGE MY TYRE Property Details
What type of property is required for this franchise opportunity?
:Commercial
Floor area requirement
:1000 - 1500 Sqft
Preferred location of Franchisee outlet:?
:metro cities
CHANGE MY TYRE Training Details
Do you currently have detailed Operating Manuals for franchisees?
:Yes
Where is the franchisee training done?
:At Franchisees Location
Is field assistance available for franchisees?
:Yes
Will someone from Head Office assist me when I open my franchise?
:Yes
What IT systems do you presently have that will be included in the franchise?
:
CHANGE MY TYRE Other Details
Do you have a standard Franchise Agreement?
:Yes
How long is the franchise term for?
:3 Years
Is the term renewable?
:Yes