Franchise Opportunities

Ceat Limited

Category: Retail
Area Req: 750 (1 Sq Mtr = 10.76 Sq Ft.)
No. of Franchise Outlets : 73
Investment: Rs. 10lac - Rs. 20lac

 

Business Details

CEAT is one of India’s leading tyre manufacturers, with annual turnover of Rs 2,500crores. CEAT is the leading exporter of tyres from India with presence in more than 100 countries. CEAT has the widest range of tyres in all categories.

CEAT has won an award for the Best Innovative Franchisee Model which has been declared by Franchising Association of India, for introducing Nitrogen Inflation Technology at Shoppes for the year 07-08. 12 Companies were selected out of 450 nominations, for the honor.

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CEAT LIMITED Investment Details

Date Commenced Operations : 1986
Date Commenced Frachising / Distribution : 2006
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 10lac - Rs. 20lac
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? : No
Are any performance guarantees given to unit franchisees? : No
What is the anticipated percentage return on investment? : 35
What is the likely pay back period of capital for a unit franchise? : 3
Are there other investment requirements? : 0

CEAT LIMITED Property Details

What type of property is required for this franchise opportunity? : Owned/Rental
Floor area requirement : 750 . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : Main roads

CEAT LIMITED 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? :

CEAT LIMITED Other Details

Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : 10
Is the term renewable? : Yes

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