FRANCHISOR OPPORTUNITIES
Automotive
MAHINDRA FIRST CHOICE
Category: Automotive
Area: 800 sqft
No. of Franchise Outlet: 70
Investment:Rs 30 lac - Rs 50 lac
Business Details
Mahindra FirstChoice is a part of 6.7 billion dollar Mahindra Group under a sector of "After Market Sector", one of the leading automobile players in India. The other promoters include HDFC, the most respected financial institution in country and Sah & Sanghi, known for their retail operations in Mumbai. Mahindra FirstChoice is in the process of setting up a nationwide chain of Multi Brand used car outlets which includes SUPERSTORES & Franchisee Stores. It has already appointed around 70 franchisee in 50 leading cities of the country and plans to have more than 200 stores over a period of 2-3 years.
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MAHINDRA FIRST CHOICE Investment Detail
Date Commenced Operations
:2008
Date Commenced Frachising / Distribution
:2008
Are you looking for Franchise ?
Unit
Area
Investment
Storewise
Rs 30 lac - Rs 50 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?
:0 %
What is the likely pay back period of capital for a unit franchise?
:0 Years
Are there other investment requirements?
:
MAHINDRA FIRST CHOICE Property Details
What type of property is required for this franchise opportunity?
:Commercial
Floor area requirement
:800 sqft
Preferred location of Franchisee outlet:?
:
MAHINDRA FIRST CHOICE Training Details
Do you currently have detailed Operating Manuals for franchisees?
:No
Where is the franchisee training done?
:At franchisee's location
Is field assistance available for franchisees?
:No
Will someone from Head Office assist me when I open my franchise?
:No
What IT systems do you presently have that will be included in the franchise?
:
MAHINDRA FIRST CHOICE Other Details
Do you have a standard Franchise Agreement?
:No
How long is the franchise term for?
:1 Years
Is the term renewable?
:No