Category
  • Advertisement & Media
  • Automotive
  • Beauty & Health
  • Business Services
  • Dealers & Distributors
  • Education
  • Entertainment
  • Fashion
  • Food And Beverage
  • Home Based Business
  • Hotels And Resorts
  • Manufacturing
  • Retail
Price Range
  • Rs. 10 K - 50 K
  • Rs. 50 K - 2lac
  • Rs. 2lac - 5lac
  • Rs. 5lac - 10lac
  • Rs. 10lac - 20lac
  • Rs. 20lac - 30lac
  • Rs. 30lac - 50lac
  • Rs. 50lac - 1 Cr.
  • Rs. 1 Cr. - 2 Cr
  • Rs. 2 Cr. - 5 Cr
  • Rs. 5 Cr. Above
Location
  • Andhra Pradesh
  • Arunachal Pradesh
  • Assam
  • Bihar
  • Chandigarh
  • Chhattisgarh
  • Daman & Diu
  • Goa
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • Jammu & Kashmir
  • Jharkhand
  • Karnataka
  • Kerala
  • Lakshadweep
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • New Delhi
  • Orissa
  • Pondicherry
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Tripura
  • Uttaranchal
  • Uttar Pradesh
  • West Bengal
  • Telangana
ChangeMyTyre

ChangeMyTyre

Category: Tyres Windshields And Car Beauty
No. of Franchise Outlets: 15
Area Req: 1000-1500 sq ft
Investment: Rs. 20lac - Rs. 30lac
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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ChangeMyTyre Investment Details

Commenced Dates
Date Commenced Operations
2012
Date Commenced Frachising / Distribution
2013
Franchise Details
Units
Area
Investment
Franchise/Brand Fee
Royalty/Commission
Store Wise
Rs. 20lac - 30lac
5, 00,000
15% of service reven
Trade Partners Detail (Dealers, Distributors, MBOs, Retailers)
Types of Channels
Investment
Margin
Area Requirement
Retailer
Rs. 20lac - 30lac
60-70%
1000-1500 square feet
Expansion Locations
North
New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pardesh 
South
Kerala, Karnataka, Tamil Nadu, Andhra Pardesh 
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
Pondicherry, Chandigarh, Lakshadweep, Daman and Diu 
Franchise Details (Optional)
Want to expand
International, Nationwide
Exclusive territorial rights to a unit
Yes
Performance guarantee to unit franchisee
No
Anticipated percentage return on investment
3-5%
Likely pay back period of capital for a unit franchise
1.5-2 years
Other investment requirements
no

ChangeMyTyre Property Details

Type of property required for this franchise opportunity
Owned or rented or leased
Floor area requirement
1000-1500 sq ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet
metro cities

ChangeMyTyre Training Details

Detailed operating manuals for franchisees
Yes
Where is franchisee training provided?
At the Franchisor premises
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

ChangeMyTyre Agreement & Term Details

Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
3 years
Is the term renewable?
Yes
Dec, 08 2016

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ChangeMyTyre
  • Investor
  • Franchisor
  • rememberMe
  • Investor
  • Franchisor
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