Iradium Automobiles Private Limited

Area Requirement 200 - 500 Sq.ft
Investment Size INR 2 Lac - 5 Lac
Franchise Outlets 10-20

Business Detail

SparesHub is India's leading B2B automobile parts e-commerce company. SparesHub has been been in this business since last 7+ years and has offices in Pune, Mumbai, and Bangalore. The company provides automobile parts for all the car models in India.

Investment Detail

Commenced Operations

Operations Commenced On 2015

Franchising / Distribution Commenced On 2020

Franchise Details

UNITS

Location Store wise

Investment INR 2lakh - 5lakh

Franchise/Brand Fee INR 40000

Expansion Locations

North

South

Karnataka, Andhra Pradesh, Telangana

East

West

Gujarat, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh

UNION TERRITORIES

Franchise Details

Territorial rights for unit franchise Yes

Anticipated percentage return on investment 35%

Payback Period 2-3 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 200 - 500 Sq.ft

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Online

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