| Organisation : |
Mahindra First Choice |
| Brand
: |
MAHINDRA FIRST CHOICE |
| Category
: |
Automotive Franchises |
| Franchisee
Material Availability : |
No |
| Profile : |
Mahindra FirstChoice is a part of 6.7 billion dollar Mahindra Group under a sector of "After Market Sector", one of the leading automobile players in India. The other promoters include HDFC, the most respected financial institution in country and Sah & Sanghi, known for their retail operations in Mumbai.
Mahindra FirstChoice is in the process of setting up a nationwide chain of Multi Brand used car outlets which includes SUPERSTORES & Franchisee Stores. It has already appointed around 70 franchisee in 50 leading cities of the country and plans to have more than 200 stores over a period of 2-3 years.
|
| Business
Started : |
2008 |
| Franchisee
Started : |
2008 |
| Total
Company Outlets : |
0 |
| Total
Franchisee Outlets : |
70 |
| Expected Investment |
| Single Unit
: |
30,00,001 - 50,00,000 |
| Franchise
Fee : |
Not Specified |
| Equipments
: |
Not Specified |
| Furniture
and Fixtures : |
Not Specified |
| Advertising
/ Marketing : |
Not Specified |
| Required
Capital Investment : |
|
| The
expected payback period for the franchise : |
|
| The
expected return on investment to the franchisee? : |
0 |
| Required
floor area(in square feet) : |
800 sq.ft. |
| Do you help
franchisee for the site selection : |
Yes |
| Do you have
a training program for the franchisee : |
No |
| Term of
franchisee agreement : |
|
|
|
