Business Categories
Automobile Spares Related

Iradium Automobiles Private Limited

  • Area Req
    200 - 500 Sq.ft
  • Investment Range
    INR 2 Lac - 5 Lac
  • No. Of Franchise Outlets
    10-20
Business Details

SparesHub is India's leading B2B automobile parts e-commerce company. SparesHub has been been in this business since last 7+ years and has offices in Pune, Mumbai, and Bangalore. The company provides automobile parts for all the car models in India.

Investment Details

Commenced Operations

Operations Commenced On 2015

Franchise Commenced On 2020

Franchise Details
Units

Investment INR 2lac - 5lac

Franchise/Brand Fee INR 40000

Expansion Locations
North

- NA -

South

Karnataka, Andhra Pradesh, Telangana

East

- NA -

West

Gujarat, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh

Union Territories

- NA -

Franchise Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 35 %

Likely pay back period of capital for a Unit Franchise 2-3 Years

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 200 - 500 Sq.ft

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Online

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? 5 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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