Hotline: 1800 102 2007
Hotline: 1800 102 2007
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Automobile Spares Related

TARGETONE INNOVATIONS PVT LTD

  • Area Req
    250 - 1000 Sq.ft
  • Investment Range
    INR 10 Lac - 1 Cr
  • No. Of Franchise Outlets
    10-20
Business Details

GoMechanic is India’s Fast-Growing Automotive Service and Repair Brand. With more than 300 GoMechanic Branded Workshops in 21 Cities. The company has served more than 20 Lac+ Cars. GoMechanic SPARES is the largest B2B initiative to supply the widest range of genuine, high-quality spare parts using the Franchisee Network. The benefit of taking GoMechanic SPARES Franchisee is Support and existing Customers and Retailers.

Why GoMechanic SPARES?
1. One Stop Shop for Multi Brands
2. Central Warehouses in 4 Major Cities
3. 50 Fulfilment Centres Pan India

 

 

 

Investment Details

Commenced Operations

Operations Commenced On 2016

Franchise Commenced On 2019

Franchise Details
Units

Investment INR 10lac - 20lac

Franchise/Brand Fee INR 250000

Royalty/Commission 10 %

Master / Multi Units

State Wise

Investment INR 50lac - 1 Cr.

City Wise

Investment INR 10lac - 20lac

Expansion Locations
North

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

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana

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

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

Franchise Details

Exclusive territorial rights to a unit franchisee Yes

Performance guarantee to Unit Franchise Yes

Anticipated percentage return on investment 35 %

Likely pay back period of capital for a Unit Franchise 3-10 Months

Other investment requirements 250000

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 250 - 1000 Sq.ft

Preferred location of unit franchise outlet near car workshop and spare parts market

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Local City Training, Online Training

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? 3 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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