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CARS24

Car Reselling CARS24 Franchise Cost – How to get, Contact, Apply, Fee

  • CARS24
  • CARS24
  • CARS24
  • 300 - 500 Sq.ft
    Area Req
  • INR 30 Lakh - 50 Lakh
    Investment Size
  • Less than 10
    No. Of Franchise Outlets
  • 2015
    Establishment Year

About brand - CARS24

CARS24: A Revolutionary Franchise Opportunity in the Used Car Market

CARS24 is transforming the used car buying and selling experience in India. Established in 2015, CARS24 has quickly become the go-to platform for anyone looking to sell or buy used cars efficiently, fairly, and at the best price. The brand has successfully expanded its presence from a single office to 195 branches across 64 major cities in India, revolutionizing the traditional, often cumbersome, car selling process.

Why CARS24?

Selling a car through traditional methods—whether online listings, calls, meetings, or price haggling—can be exhausting and time-consuming. CARS24 solves this problem by offering a streamlined, hassle-free, and reliable way to sell a car in a matter of hours, ensuring sellers get the best possible value without the stress.

At CARS24, we are focused on more than just profitability and market growth; we are passionate about making our employees, partners, and customers successful. Our goal is to create a network of empowered partners who can benefit from the booming used car market while contributing to the growth of the brand.

Key Benefits of the CARS24 Franchise:

  • Established Brand: Since its inception, CARS24 has garnered a reputation for being the go-to platform for selling and buying used cars in India. With a presence in 64 cities and over 195 branches, the brand is recognized nationwide.
  • No Royalties or Commission: CARS24 offers a unique advantage for franchisees by charging no royalty or commission on sales. Franchise partners can retain 100% of their revenue, maximizing their profit potential.
  • Quick Return on Investment: The estimated return on investment (ROI) is 50%, with a 1-2 year payback period, making it a highly profitable venture.
  • Comprehensive Support: CARS24 provides its franchise partners with extensive support, including training, marketing assistance, and access to its well-established platform and customer base.
  • Scalable Business: With a proven business model and growing demand for used cars, the opportunity offers high scalability. Franchisees can leverage CARS24’s brand reputation and operational efficiency to grow their business rapidly.

Franchise Details:

  • Investment Cost: Rs. 30 lac - 50 lac (covers initial setup, infrastructure, and working capital)
  • Franchise / Brand Fee: Rs. 5,00,000 (one-time fee)
  • Royalty / Commission: 0% (Franchisees retain 100% of revenue)
  • Return on Investment: 50%
  • Payback Period: 1-2 years (quick capital recovery with high profitability)
  • Floor Area Requirements: 300 - 500 sq. ft. (space for showroom, vehicle displays, and customer service)

What CARS24 Offers to Franchisees:

  • Brand Recognition and Trust: As a CARS24 franchisee, you benefit from the strong brand reputation and recognition the company has built. This instantly attracts customers and builds trust in your franchise location.
  • Technology-Driven Platform: CARS24 uses advanced technology to assess and value cars, ensuring that customers get the best possible price and making the process quick and transparent. Franchisees get access to this platform, allowing them to offer a world-class service.
  • Comprehensive Training and Support: From the moment you join the network, CARS24 provides end-to-end support, including initial training, ongoing marketing and operational assistance, and access to industry-leading tools. You will be equipped with everything you need to succeed.
  • No Royalty Fees: Unlike many other franchises, CARS24 does not charge royalties or commissions on sales, which means you keep 100% of the profits from your transactions, offering you more financial control and growth potential.
  • Proven Business Model: With a track record of growth and market leadership, CARS24 offers a business model that is scalable and ready for expansion. The used car market is booming, and by joining CARS24, you can tap into this lucrative industry with a trusted partner.

Why Choose CARS24 Franchise?

  • Established Market Leader: CARS24 is the leader in the used car industry, with strong brand recognition and a large, loyal customer base.
  • High Profit Potential: With no commission or royalty fees and an estimated ROI of 50%, franchisees have a significant opportunity to generate profit.
  • Short Payback Period: The expected 1-2 year payback period makes this an attractive opportunity for entrepreneurs looking for quick returns.
  • Low Operational Complexity: The CARS24 platform streamlines the entire car selling process, meaning franchisees spend less time on logistics and more time focusing on growing their business.

The CARS24 franchise offers a unique opportunity to join a market leader in the booming used car industry. With low operational complexity, no royalty or commission fees, and a proven business model, CARS24 provides a fantastic opportunity for entrepreneurs to grow their own successful business. If you're looking for a low-risk, high-reward franchise with quick returns, CARS24 is the ideal business opportunity for you.

Join CARS24 today and become part of India's largest used car marketplace.

CARS24 Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2015

Franchise Commenced On 2019

Franchise Details
Units

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 500000

Details

Anticipated percentage return on investment 50 %

Likely pay back period of capital for a Unit Franchise 1-2 Years

CARS24 Expansion Plans

North

Haryana, Delhi, Uttar Pradesh

South

- NA -

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

 

Recent Updates

Tags: Automotive Business Franchise in Haryana   |   Automotive Business Franchise in Delhi   |   Show more...

CARS24 Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 300 - 500 Sq.ft

Preferred location of unit franchise outlet Delhi NCR

CARS24 Franchise Training

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

CARS24 Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get CARS24 Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get information about CARS24 franchise, you can fill up the application form provided on the website and get all the details viz. CARS24 franchise fee, CARS24 franchise cost, CARS24 apply process and more.

Interested in CARS24 Franchise? Apply here

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