Cars24 Franchise is a well-known Used Vehicle franchise in India.
Check out its Franchise Investment, Commission, Support, Infrastructure Requirement, Breakeven Time & more here.
To connect with Cars24 for more detailed information, please fill out the form I’ve included below, and we will connect you as soon as possible.
So, Lets check out Used Vehicle franchise details Now!
Cars24 Franchise Summary
| Brand Summary | |
| Line of Business | Used Vehicle |
| Unit / Shop Area | 300-500 Sq.ft |
| Commission% / Revenue Sharing | approx. 90% |
| Total Investment | Rs. 35 Lakhs – Rs. 55 Lakhs |
| ROI Timeframe | 1-2 years |
What do you know about Cars24 Franchise?
Cars24 is one of the Best Used Vehicle business in India.
| About the Brand | |
| Industry | Automobile & Services |
| Business Line | Used Vehicle |
| Organization Type | Private |
| Head Office | Gurgaon |
| Founder | Mehul Aggrawal and Vikram chopra |
| Founded In (year) | 2015 |
| No. of Franchise Outlets | 220+ |
| Master Franchise Model | Not Available |
| Franchise Tenure | 3 years |
| Franchise Location | All over India |
| Business Set-Up Time | 4 years |
| Franchise Commencement Year | 2019 |
What is the Cars24 Franchise Investment Requirement?
Investment includes Franchise Fees & Infra Requirement.
| Investment by Franchisee | |
| Franchise Fee | Rs. 5 Lakhs |
| Infrastructure Investment | Rs. 30 Lakhs – Rs. 50 Lakhs |
How much is Cars24 Franchise Commission?
Here is the royalty requirement of Cars24 Used Vehicle Business.
| Commission% / Revenue Sharing | |
| Franchisee | Approx. 90% |
| Franchisor | Approx. 10% |
How much time does it take for Cars24 Franchise to breakeven?
Check out the Breakeven time of Cars24 here.
| ROI Timeframe / Breakeven Time | |
| In Years | 1 – 2 years |
Start a Used Vehicle Franchise Now!
What are the Cars24 Master Franchise requirements?
| Master Franchise Details | |
| Franchise Fee | NA |
| Infrastructure Investment | NA |
| Commission% / Revenue Sharing | NA |
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What is the Cars24 Franchise Infrastructure requirement?
| Infrastructure Required | |
| Shop / Unit Area | 300 – 500 Sq.ft |
| Employee headcount | 10 to 15 |
| Reception Area | Compulsory |
| Lounge / Waiting Area | Compulsory |
| Parking Facility | Compulsory |
| Product Display Area | Compulsory |
| Washing Area | Compulsory |
| Repair Area | Compulsory |
| Maintainence Area | Compulsory |
| Computer / Internet Connectivity | Compulsory |
| Billing Counter | Compulsory |
| Airconditioner | Compulsory |
| CCTV Set-up | Compulsory |
| Pick-drop / Delivery Service | Compulsory |
What is the extent of Support provided by Cars24 to its franchisees?
| Support from Brand | |
| Inventory Planning | Available |
| Product Pricing | Available |
| Service Pricing | Available |
| Offers | Available |
| Client Acquisition Support | Partially Available |
| Client Interaction Training | Available |
| Relationship Manager Support | Available |
| Interior Design Support | Available |
| Interior Development Support | Available |
| Marketing Support | Partially Available |
| Monetary Support | Not Available |
| Business Management Software | Available |
| Online Tie-up Support – Delivery | Partially Available |
| Website Support – For Order | Partially Available |
| Warranty / Guarantee Support | Available |
| Operation Manual | Available |
| Training Manual | Available |
What kind of Marketing Support is provided by Cars24 to their Franchisees?
| Marketing Support by Brand | |
| Unit Interior & Exterior Ads | Available |
| Local Advertisement | Available |
| Digital Marketing | Available |
| Television Advertisement | Not Available |
| Prints Advertisement | Occasionally Available |
| Events/Seminars | Occasionally Available |
Does Cars24 provide training to its business partners?
| Training by Brand | |
| Product Information Training | Provided |
| Product Display Training | Provided |
| Maintainence Training | Not Provided |
| Repair Training | Not Provided |
| Wash Training | Not Provided |
| Training Helpdesk | Provided |
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