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Car rental services

Carzonrent India Private Limited

  • Area Req
    - Sq.ft
  • Investment Range
    Rs. 5lac - 10lac
  • Franchise Outlets
    Less than 10
Business Details

ABOUT MYLES

Myles is India's premier self-drive service available across 21 cities with 250+ convenient pick-up locations. Myles' wide range of cars includes more than 38 car models from a Mahindra e2o to a Mercedez.

Myles has grown from 14 cars to 1200+ cars in the last three years. To further cater to the growing demand for self-drive, Myles plans to bring together a fleet of 50,000 cars in 50 cities spread across over 5000 locations. in the next few years. The idea is to provide a Myles car every 400 meters in a city.

Self-drive through Myles is making sure that greater flexibility, convenience and affordability is available to any individual looking to buy a car. We use sophisticated telematics solutions to enable all cars to be available on a single web and mobile platform. Today, Myles is changing the way young urban Indians are buying cars.

Investment Details

Commenced Operations

Operations Commenced On2013

Franchising / Distribution Commenced On2013

Franchise Details
Units

Area - Sq.ft

Investment Rs. 5lac - 10lac

Franchise/Brand Fee - NA -

Royalty/Commission- NA -

Master / Multi Units

Region Wise

Investment Rs. 10000 - 50 K

Unit Fee - NA -

Master Fee - NA -

Commission - NA -

State Wise

Investment Rs. 10000 - 50 K

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

City Wise

Investment Rs. 10000 - 50 K

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

Expansion Locations
North

Delhi, Haryana, Uttar Pradesh

South

Karnataka, Tamil Nadu, Telangana

East

- NA -

West

Maharashtra, Rajasthan

Central

- NA -

Union Territories

Chandigarh

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 25

Likely pay back period of capital for a unit franchise -

Other investment requirements -

Property Details

Type of property required for this franchise opportunity Others

Floor area requirement - Sq.ft

Preferred location of unit franchise outlet -

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Head 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? 3 Year

Is the term renewable? Yes

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