TARGETONE INNOVATIONS PVT LTD (Go Mechanic) Franchise Opportunity

Business Detail

GoMechanic is Indias Fast-Growing Automotive Service and Repair Brand. With more than 300 GoMechanic Branded Workshops in 21 Cities. The company has served more than 20 Lac+ Cars.

GoMechanic SPARES is the largest B2B initiative to supply the widest range of genuine, high-quality spare parts using the Franchisee Network. The benefit of taking GoMechanic SPARES Franchisee is Support and existing Customers and Retailers.

Why GoMechanic SPARES?

One Stop Shop for Multi Brands
Central Warehouses in 4 Major Cities
50 Fulfilment Centres Pan India

Investment Detail

Commenced Operations

Operations Commenced On 2016

Franchising / Distribution Commenced On 2019

Franchise Details

UNITS

Location Store wise

Investment INR 10lakh - 20lakh

Franchise/Brand Fee INR 250000

Royalty/Commission 10 %

Master / Multi Unit

राज्य अनुसार

Investment INR 50lakh - 1 Cr.

शहर अनुसार

Investment INR 10lakh - 20lakh

Expansion Locations

North

Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana

East

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

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

UNION TERRITORIES

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

Franchise Details

Territorial rights for unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 35%

Payback Period 3-10 Months

Any Other Requirements 250000

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 250 - 1000 Sq.ft

Preferred location of unit franchise outlet near car workshop and spare parts market

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Local City Training, Online Training

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? 3 Years

Is term renewable? Yes