Business Categories
  • Area Req
    -N/A-
  • Investment Range
    INR 10000 - 2 Lac
  • No. Of Franchise Outlets
    10-20
About Us

About Us:

Our organisation renders services to Public and Private sector insurers since 2007. With a core competence in providing technical services, we specialise in the pre-inspection of vehicles during break-in-insurance. We have a wide network that ranges from metropolitan cities to state capitals to district towns to mofussil areas. With franchises* in big states like Punajb,Chandigarh,West Bengal, Maharashtra and Gujarat, we wish to grow PAN India.


We are currently on the lookout for collaborations and a scope to grow, together.
Who are we looking for and why?


We believe collaboration doubles productivity.
1. Field Team member (with android phone and vehicle).
2. Collaborators from courier, delivery, logistics, marketing (to use their team for field work).
3. Insurance background, experienced people - (profit making from day 1).
**read more
What is the process of pre-inspection?
1. Identify a break in insurance policy (non-timely-renewal of vehicle’s insurance)
2. Vehicle owner applies for insurance
3. Owner details shared to our company by the insurance companies
4. A field person lists location and takes photographs and videos of the vehicle (20/30)
5. Report generate through our mobile app in the back office
6. Report shared with insurer
What are the charges of pre-inspection? (charges are based on volume, from city to city)
Two wheeler - 100 Rs.
Cars - 175 Rs.
Commercial vehicle - 250 Rs.
In large cities like Delhi, average number of inspections is 1000. And major business comes in
from the Govt. companies.
The franchisee.
Based on commission basis.


The company charges an amount of 1lakh from the franchise.
50% refundable as security and 50% non-refundable fees.


*Our franchises - Punjab, Haryana, Chandigarh, Himachal Pradesh, Andhra Pradesh, Telangana,
Madhya Pradesh, Chattisgarh, Uttar Pradesh, West Bengal, Maharashtra, Rajasthan, Gujarat

Investment Details

Commenced Operations

Operations Commenced On 2007

Franchise Commenced On 2007

Franchise Details
Units

Investment INR 10000 - 50000

Master / Multi Units

Region Wise

Investment INR 50000 - 2lac

Unit Fee INR 50000

Master Fee INR 50000

Commission 85 %

State Wise

Investment INR 50000 - 2lac

Unit/Brand Fee INR 50000

Master/Brand Fee INR 50000

Royalty/Commission 85 %

City Wise

Investment INR 10000 - 50000

Unit/Brand Fee INR 50000

Master/Brand Fee INR 50000

Royalty/Commission 85 %

Details

Anticipated percentage return on investment 25 %

Likely pay back period of capital for a Unit Franchise 4-6 Months

Expansion Locations

North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh

East

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

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Bihar, Jharkhand

Union Territories

Andaman and Nicobar, Pondicherry, Lakshadweep, Daman and Diu

 

Property Details

Type of property required for this franchise opportunity Domestic

Training Details

Franchisee training location ludhiana

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? 2 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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