Selling a car is an extensive and uncertain process. One is never sure of their car’s real market value. Listing online leads to more time consumption, multiple calls, random meetings, price haggling etc. CARS24 makes selling a car an easy, fair and quick experience. We offer an efficient and reliable way to car owners to sell their cars at the best price. We don’t want to raise capital, but to raise our people and partners.
At CARS24 we don’t think of our success in just profitability and IPO but, in making our employees & partners super successful in life. Founded in 2015, CARS24's mission is to revolutionise the way used cars are sold and bought in India. We offer an efficient and reliable way to sell/buy cars at the best price. Since our inception, we have come a long way - from one office to 195 branches across 64 major cities in India. We are inviting franchise partners for selling used cars. Initial investment is 30-50 lacs (ROI up to 50%).
Operations Commenced On 2015
Franchise Commenced On 2019
Investment INR 30lakh - 50lakh
Franchise/Brand Fee INR 500000
Anticipated percentage return on investment 50 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Haryana, Delhi, Uttar Pradesh
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Type of property required for this franchise opportunity Commercial
Floor area requirement 300 - 500 Sq.ft
Preferred location of unit franchise outlet Delhi NCR
Detailed operating manuals for franchisees Yes
Franchisee training location Classroom and On location
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 3 Years
Is the term renewable? Yes
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