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Franchise Opportunities

Tip Top General Agencies Pvt. Ltd

Category: Business Services
Area Req: 100 (1 Sq Mtr = 10.76 Sq Ft.)
No. of Franchise Outlets : 15
Investment: Rs. 50,000 - Rs. 2lac

 

Business Details

Founder Late Sh. S.K Chaudhri (1922 - 1989) migrated to Delhi in 1947. With his back ground in Automobiles he worked with Goodyear (India) for several years. Recognizing his knowledge and experience in the field of tyres M/s. Stahlgruber Otto Gruber Gmbh & Co., Germany popularly Known as "REMA Tip Top" appointed him as their Sole Agent in India for marketing of their entire range of Cold Vulcanizing repair materials. The proprietary firm General Agencies was founded by him in the year 1955. It was converted into a Partnership firm with induction of the two sons. The constitution changed two Private Limited Company in 1987.

Status : A Service Organization with long standing in core sectors of India with exclusive representation of leading global companies Rema Tip Top Gmbh, Hutchinson Inc., Michelin, Yinhe depreux for products like tyres, runflats, conveyors & accessories, rubber sheeting & repair materials etc.

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Tip Top General Agencies Pvt. Ltd Investment Details

Date Commenced Operations : 1957
Date Commenced Frachising / Distribution : 2000
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 50,000 - Rs. 2lac
What areas are available for Unit franchise? : Nationwide
Where are you looking for expansion?
North New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal
West Gujarat, Rajasthan, Maharashtra, Goa
East Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim
South Kerala, Karnataka, Orissa, Tamil Nadu
Center Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories Andaman & Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Is there exclusive territorial rightsgiven to a unit franchise? : Yes
Are any performance guarantees given to unit franchisees? : No
What is the anticipated percentage return on investment? : 35-40%
What is the likely pay back period of capital for a unit franchise? : 15-30 days
Are there other investment requirements? : 00

Tip Top General Agencies Pvt. Ltd Property Details

What type of property is required for this franchise opportunity? : rented or owned
Floor area requirement : 100 . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : In heart of city

Tip Top General Agencies Pvt. Ltd Training Details

Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? :
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? :

Tip Top General Agencies Pvt. Ltd Other Details

Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : 2
Is the term renewable? : Yes

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