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September 18-19

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Tip Top General Agencies Pvt. Ltd

business-services

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.

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

How much working capital is required in franchise addition to this

200000

Is there exclusive territorial rights
given to a unit franchise?

Yes

Are any performance guarantees
given to unit franchisees?

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?

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

Training

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?	:

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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Supported by :Indian Franchise Association

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