Under Rs.5 Crore
Investment Range
2000 - 4000 Sq.ft
Area Required
433
Franchise Outlets
2001
Establishment Year
Honda car Products and Services
Know everything about Honda Franchise Business Opportunity here. Check out details like its Franchise Review & Ratings, Infrastructure requirement, Support details, ROI tenure & more.
Franchise of Honda is a leading Car Franchise. You can check all relevant information & take your franchise investment decision.
The investment per dealership would be in the range of Rs 60 lakh to Rs 1.10 crore per facility and would be put in by dealer partners with contribution from Honda, Goel noted.The company, which sells popular models like City and Amaze sedans, currently has 350 facilities in 239 cities spread across the country and plans to have another 70 odd outlets over the next two years. The company is initiating such an exercise after 8-10 years, necessitated by the change in customer behaviour over a period of time.
Honda car Cost and Investment
Commenced Operations
Operations commenced on
2001
Franchise commenced on
2001
Franchise Details
UNITS
Investment
Under Rs.5 Crore
Franchise/Brand fee
Rs.4 Crore to
Royalty/Commission
5%
Details
Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
18%
Likely payback period
24-30 month
Other investment requirements
Rs.4 Crore to Rs.5 Crore
Honda car Expansion Plans
NORTH
Delhi,
Haryana,
Himachal Pradesh,
Jammu & Kashmir,
Punjab,
Uttar Pradesh,
Uttarakhand,
SOUTH
Andhra Pradesh,
Karnataka,
Kerala,
Tamil Nadu,
Telangana,
EAST
Arunachal Pradesh,
Assam,
Manipur,
Meghalaya,
Mizoram,
Nagaland,
Orissa,
Sikkim,
Tripura,
West Bengal,
WEST
Goa,
Gujarat,
Maharashtra,
Rajasthan,
CENTRAL
Bihar,
Chhattisgarh,
Jharkhand,
Madhya Pradesh,
UNION TERRITORIES
Andaman & Nicobar,
Chandigarh,
Daman & Diu,
Lakshadweep,
Pondicherry,
Honda car Property Requirements
Type of property required for this franchise
Commercial
Floor area requirement
2000 - 4000 Sq.ft
Preferred location of unit
Commercial
Honda car Training
Training location
Head office
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes
Honda car Agreement Details
Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
Lifetime
Is the term renewable?
Yes
About Franchise Times
Who We Are?
Franchise Times was promoted by professionals with over 25 years of hands on experience in Franchising. The foundations of Franchise Times were laid to assist entrepreneurs from start-ups, SMEs NGOs and corporates to develop sustainable franchise networks. Our multi-disciplinary and tested approach ensures that the appropriate talent and experience are applied at every stage of our work to ensure our clients' business needs are served professionally and in a cost effective manner.At Franchise Times our success is measured by the growth of our clients' businesses. Within a decade of operation we have created over Rs. 5 million worth of enterprise value for our clients. We've advised over 200 networks and established multiple franchised network locations in India and abroad. We know exactly what it takes to grow a business - many of our clients have come to us with a single location and we've assisted their expansion to India and abroad.
Franchising is a wonderful way to go into business for yourself, but not by yourself. Franchising is an example of teamwork at its best, bringing together talents of a dedicated professionals and management team with hard work, zeal and entrepreneurial spirt of franchisees at the local level to serve our customers.
What We Do?
Franchise Times can help you expand your network in existing and new markets (globally), acquire new clients and increase your revenue, all at a substantially reduced costs.At Franchise Times we follow an innovative approach that offers customized solutions to meet your specific needs in franchising. Staffed with professionals in sales, marketing, logistics and legal who are well empowered and phone-productive, we bring transformational rewards to your business.
Our offering include
- Franchise Opportunities
- Buisness Consulting
- Digital Consulting
- Awards and Events