Eco Rent a Car

Area Requirement 00 - 000 Sq.ft
Investment Size INR 30 Lac - 50 Lac
Franchise Outlets Less than 10

Business Detail

About Us:

Premium Chauffeur-Driven PeopleMobility Solutions Provider inIndia

Launched in 1974by late Capt. K R Loomba, an ex-army officer
Large fleet base whichincludes premiumcars such asMercedes E/S ClassBMW 5/7 Series and imported vans and buses
Well-diversifiedbase of 800+ clientswith top 50 clientsaccounting for ~50% of annualrevenue
Technology and system driven growthwithout anystrategic funding,being run throughwell-trained,professional andmotivatedteam
One of the leading global car rental services providers to corporate clients in India
Expanded its services to multiple locations for corporate clients
Won several national awards recognizing the growth and quality of services and technology

Investment Detail

Commenced Operations

Operations Commenced On 1974

Franchising / Distribution Commenced On 2015

Franchise Details

UNITS

Location Store wise

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 000

Royalty/Commission 30 %

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

Territorial rights for unit franchise Yes

Anticipated percentage return on investment 30%

Payback Period 2-3 Years

Any Other Requirements 00

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 00 - 000 Sq.ft

Preferred location of unit franchise outlet PAN India

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Corporate office

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is term renewable? Yes