CEAT

Area Requirement 500 - 1200 Sq.ft
Investment Size INR 10 Lac - 20 Lac
Franchise Outlets 50-100

Business Detail

Founded in 1958, CEAT is one of Indias leading tyre brands and the flagship company of theRPG GROUP. Driven by the purpose of helping the world move safely and smartly, CEAT provides world-class products and services across 110+ countries.

At CEAT, we are driven to do things differently by our values. We challenge the old, and innovate to deliver the best to our customers. We are committed to the culture of openness and integrity towards our stakeholders. As a result-oriented organisation, we persevere to give the world a safe.

Investment Detail

Commenced Operations

Operations Commenced On 1950

Franchising / Distribution Commenced On 1958

Franchise Details

UNITS

Location Store wise

Investment INR 10lakh - 20lakh

Franchise/Brand Fee INR 200000

Royalty/Commission 5 %

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Anticipated percentage return on investment 70%

Payback Period 1-2 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 500 - 1200 Sq.ft

Preferred location of unit franchise outlet All major cities across India

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 1 Year

Is term renewable? Yes