Under Rs.1 CRORE
Investment Range
3000 - 5000 Sq.ft
Area Required
30+
Franchise Outlets
1997
Establishment Year

Tserv Products and Services


Toyota Kirloskar Motor Introduces T-Serv Pilot Project in Bangalore in Partnership with Multi-Brand Workshops

 Bangalore, February 17, 2021: In line with the evolving Indian automobile market, which is witnessing rapid changes in customer ownership and service behavioral patterns, Toyota Kirloskar Motor (TKM) today announced the introduction of a pilot project, T-Serv, in Bangalore in partnership with multi-brand service outlets.

 The T-Serv brand established exclusively in India under Toyota’s philosophy of ‘Customer for Life’, is aimed at customers who have switched to multi-brand workshops. TKM has observed that the shift to multi-brand workshops results from extended car usage and subsequent ownership change. The T-Serv outlets will cater to Toyota customers who have migrated to multi-brand garages by providing transparent and quality car servicing.

 At T-Serv outlets, customers can avail periodic maintenance and general repair jobs along with body and paint repairs. The service centres will gain from TKM’s experience in car servicing and supply of parts and Toyota certified technicians ensuring quality workmanship and convenience.

 Further, TKM will supply genuine spare parts from Toyota besides supporting the franchisees in upgrading their staff’s technical skills through training and offer an exclusive T-Serv customer app for digital convenience. The app will enable a digital connect with the customers and make the overall car servicing experience hassle-free for them. It will also help the workshop owners to closely track their operations and enable them to stay in close touch with their customers. The exclusive customer app will be available to all customers currently servicing their cars at these service centers. Another offering for customers will be the exclusive Do-It-Yourself accessories line up and car care products.

 Under the first phase, TKM today announced introduction of pilot project, T-Serv, in Bangalore at five workshops owned by independent entities

Why Partner with Us

Partnering with Tserv provides a unique opportunity to join a trusted brand Toyota Kirloskar Motor. As a partner, you will have access to Toyota genuine parts, training programs, digital promotion activities & Garage management system, which will help you to improve your operations & grow your business.

Benefits of Partnership

Partnering with Tserv provides numerous value proposition benefits, including:

 ·       Comprehensive training programs for Tserv team.

·       Access to Toyota genuine parts.

·       Marketing and advertising support.

·       Ongoing support and guidance to improve your operations.

Tserv Cost and Investment


Commenced Operations

Operations commenced on
1997
Franchise commenced on
2021

Franchise Details

UNITS

Investment
Under Rs.1 CRORE
Franchise/Brand fee
3 lakhs
Royalty/Commission
20%

Details

Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
30%
Likely payback period
12 - 24 Months
Other investment requirements
Rs. 80 Lakhs - Rs. 90 lakh

Tserv 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,

Tserv Property Requirements


Type of property required for this franchise
Commercial
Floor area requirement
3000 - 5000 Sq.ft
Preferred location of unit
commercial

Tserv Training


Training location
Head Office
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes

Tserv Agreement Details


Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
Lifetime
Is the term renewable?
Yes

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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.

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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.

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