Under Rs.50 lakhs
Investment Range
3000 - 5000 Sq.ft
Area Required
79+
Franchise Outlets
2013
Establishment Year

Carzonrent Products and Services


Carzonrent India Pvt. Ltd. (CIPL) is the country’s #1 chauffeur-driven cab service provider with an extensive presence across all major cities. Our offerings comprise a bouquet of end-to-end travel solutions – Intra-city taxis, outstation cabs, airport pick-up/drop service, and corporate car rental and management solution.

Carzonrent is an online and offline car rental company with a fleet of 8000 Economy cars, it also offers Luxury cabs which are company owned. It operates in 102 locations. Providing cabs for outstation as well as local city use. As of 2014, it plans to invest ₹400 crore over 5 years, to offer both affordable and luxury cars. The company claims to complete 15,000 trips daily. It Acquired Ridingo in April 2015. Westbridge Capital and BTS India PE are few of its investors. The company is planning to invest INR 400 crores over the next 5 years towards technology upgradation and its 'Myles' self-drive vertical. Targetting revenue of INR 5,000 crores by 2021.

The company was founded in the year 2000 by Rajiv K. Vij (MD) with a mission to streamline the personal ground transportation ecosystem in India and create entrepreneurial opportunities for the chauffeur partners.

 

Carzonrent Today

 

Technology we use : At Carzonrent (COR), we believe in providing premium quality mobility experience to our customers through agile cloud computing, telematics, highly-interactive mobile app and automation of car rental operations.

 

Ever since we set our service in motion we’ve been the pioneer of smart mobility in India. Having driven 30,000,000 happy customers till date with 20,000 trips and 100,000+ km daily, our teams diligently work every day to scale up our customer base. With a fleet size of more than 6,500 cars – Dzire to Corolla, Camry, Mercedes (E Class) and more – we offer cars across different categories for every occasion.

Carzonrent Cost and Investment


Commenced Operations

Operations commenced on
2013
Franchise commenced on
2013

Franchise Details

UNITS

Investment
Under Rs.50 lakhs
Franchise/Brand fee
3 Lakhs
Royalty/Commission
10%

Details

Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
50%
Likely payback period
12 - 24 Months
Other investment requirements
Rs. 20 Lakhs - Rs. 30 lakh

Carzonrent 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,

Carzonrent Property Requirements


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

Carzonrent Training


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

Carzonrent 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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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.

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