Carzonrent India Private Limited - Franchise

Carzonrent India Private Limited - Franchise
Category : Automotive Investment: Rs. 10 Lac - Rs. 20 Lac

Carzonrent - India's # 1 personal ground Transportation Service Provider is looking for franchisees!

Be a MYLES angel and Drive your own business!

Carzonrent is looking for franchisees for its Self Drive service MYLES. This is the fastest growing brand in the Self drive segment in the country with a growth 40% month on month. With presence in 22 cities and over 100 locations in the country, MYLES is looking to expand in close to 50 cities and over 1500 locations in the next 1 year.

Franchise Facts:

  • Investment starts from 14 – 50 lacs
  • Faster pay-back
  • 61% Average ‘Return On Equity’
  • Easy Finance scheme
  • Process and Technology Driven business
  • Lower manpower cost
  • Low rental  - Backend office space required
  • Huge returns
  • Higher ticket size

Franchise Profile:

  • Leadership Qualities
  • Visionary  & Entrepreneur mindset
  • Sound IT knowledge to run the technology driven business will be an added advantage
  • Passionate about cars and travel business
  • Ability to invest the required capital
  • Good Marketing and networking skills

Franchise Support:

  • Comprehensive Franchise Training
  • Brand Name
  • Assured Online Business
  • Heavy Discount on Fleet and other business services
  • Robust Technology
  • Extensive Marketing Support
  • Established, proven processes & procedures to run Self-Drive business successfully
  • Fleet management support

Thanks & Regards Carzonrent Team

Carzonrent India Private Limited - Franchise Investment Details

Commenced Dates

Date Commenced Operations 2000
Date Commenced Franchising / Distribution 2013

Franchise Details

Units

Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 10lac - 20lac    

Expansion Locations

North New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal
South Kerala, Karnataka, Tamil Nadu
East Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa
West Gujarat, Rajasthan, Maharashtra, Goa
Center Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details (Optional)

Want to expand Nationwide
Exclusive territorial rights to a unit No
Performance guarantee to unit franchisee No
Anticipated percentage return on investment Average ROE of 61%
Likely pay back period of capital for a unit franchise 16-18 months
Other investment requirements  

Carzonrent India Private Limited - Franchise Training Details

Detailed operating manuals for franchisees Yes
Where is franchisee training provided? Head Office
Is field assistance available for franchisee?

 Yes

Will someone from Head Office provides assistance to franchisee in opening the franchise? Yes
What IT systems do you presently have that will be included in the franchise? Yes

Carzonrent India Private Limited - Franchise Property Details

Type of property required for this franchise opportunity  
Floor area requirement 100 sq.ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet  

Carzonrent India Private Limited - Franchise Other Details

Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 years
Is the term renewable? Yes
Carzonrent India Private Limited - Franchise

Carzonrent India Private Limited - Franchise

Category : Automotive
Area Req :
Franchise Outlets :
Investment: Rs. 10 Lac - Rs. 20 Lac

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