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iway world infocom pvt ltd (I way track)

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

About Iway track

Iway track is an Ahemdabad, Gujarat based, IT professionals driven company with elaborate plans & matching capacities .The company is a major player in the field of vehicle tracking, has secured long term investments in the required software & hardware development & already developed impeccable products & solutions. Iway track uses the technology of sending, receiving & storing information of relating to remote objects, such as vehicles, by way of telecommunication devices.

The company is in tracking solutions business for last three years and is a member of Synergy Corporate group.

Investment Details

Commenced Operations

Operations Commenced On2013

Franchising / Distribution Commenced On2015

Franchise Details
Units

Area- NA -

Investment Rs. 5lac - 10lac

Franchise/Brand Fee 2.25 lacs

Royalty/CommissionNA

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

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu

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

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

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 40

Likely pay back period of capital for a unit franchise - NA -

Other investment requirements - NA -

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement - NA -

Preferred location of unit franchise outlet Ground & First FL

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location No

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 No

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 2 Year

Is the term renewable? Yes

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