RAJE MOTORS Franchise Opportunity

Business Detail

About Us:

Raje Motors is one of the renowned name in automobile industry in Solapur, Maharashtra. With more than 100 dealers network of Speed Governer bussiness, we are currently expanding the dealership channel for GPS based Vheical Tracking device across Maharashtra, Karnataka and Goa.

We entered the highly competitive Speed Governor industry through the distribution of Convertz ( Motor Eye Speed Governor) in 2016. Our portfolio of Speed Governors after appointed as Distributor, quickly gained for a double-digit market share for us. In 2017, the company stood as first Indian company to be the Multi Brand Speed Governors Distributor, Direct Customer Sales Multiple Branches across Maharashtra with a expertise on a global platform. We followed this by entering in GPS Market followed by coming with Mahindra First Choice Used Cars Market. We aspire to become a full-fledged Multibrand Company with Speed Governors, VTS, Used Cars Insurance.

Investment Detail

Commenced Operations

Operations Commenced On 2000

Franchising / Distribution Commenced On 2015

Franchise Details

UNITS

Location Store wise

Investment INR 10000 - 50000

Master / Multi Unit

शहर अनुसार

Investment INR 50000 - 2lakh

Unit / Brand fee INR 10000

Master / Brand fee INR 10000

Royalty/Commission 40 %

Expansion Locations

North

South

East

West

Maharashtra

Central

Bihar

UNION TERRITORIES

Franchise Details

Territorial rights for unit franchise Yes

Anticipated percentage return on investment 40%

Payback Period 1 Months

Any Other Requirements No

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 100 Sq.ft

Preferred location of unit franchise outlet Any shop

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Headoffice

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? 1 Year

Is term renewable? Yes