INR 20 Lac - 30 Lac
Investment Range
1200 - 2000 Sq.ft
Area Required
1000+
Franchise Outlets
2005
Establishment Year
Castrol Bikezone Products and Services
Castrol Bikezone is a Multi-branded 2 wheeler services franchise center, a unique cfrang over 3 lakhs customers per year. More than 70% of our existing franchisees are NOT from the Automotive trade. 30% of our existing franchisees have multiple franchises. Castrol will expand its network to 800 by 2010.
Castrol Bike Zone is an initiative designed specially for non-franchisee motorcycle workshops. Castrol Bike Zone empowers mechanics, providing them with superior technical and sales expertise by enhancing their skills & knowledge and providing them with business support materials and incentive programs. Castrol Bike zone is part of a global Castrol program that supports independent workshops by providing them with the strong Castrol brand endorsement and offering them access to advanced lubricant technology and world class products.
The Opportunity
What qualifies Castrol BikeZone business opportunities franchise as a breakthrough concept and an innovator in the servicing category is the fact that it offers more than just routine servicing.Our Products
A High Level Of Interest And Commitment To The Business In Terms Of Time And Attention. A Strong Entrepreneurial Spirit And Zeal To Succeed. Adequate Financial Resources. AbilityBusiness Model
One of the major business lever in Vehicle Service industry is SPARES. Castrol Bike Zone franchise has tied up with various OE Manufacturers suppliers for Spares supplies and has implemented dedicated distribution system for its franchisees.
Castrol Bikezone Cost and Investment
Commenced Operations
Operations commenced on
2005
Franchise commenced on
2005
Franchise Details
UNITS
Investment
INR 20 Lac - 30 Lac
Franchise/Brand fee
NA
Royalty/Commission
0%
Details
Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
25 %
Likely payback period
24-30 month
Other investment requirements
No
Castrol Bikezone 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
Castrol Bikezone Property Requirements
Type of property required for this franchise
Commercial
Floor area requirement
1200 - 2000 Sq.ft
Preferred location of unit
Commercial
Castrol Bikezone Training
Training location
Head office
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes
Castrol Bikezone 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