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Know everything about CARS24 Franchise Business Opportunity here. Check out details like in Franchise Review & Ratings, Infrastructure requirement, Support details, ROI tenure & more.

Franchise of CARS24 is a leading Used Car & Bike Franchise. You can check all relevant information & take your franchise investment decision.

CARS24 Franchise Business Opportunity - Snapshot

Line of Business

Used Car & Bike

Unit / Shop Area

300-500 Sq.ft

Commission% / Revenue Sharing

approx. 90%

Infrastructure Investment

Rs. 30 Lakhs – Rs. 50 Lakhs

ROI Timeframe

1-2 years


CARS24 Franchise Review & Ratings

Revenue Sharing

4.24 / 5

Franchise Fee & Infra Investment

3.80 / 5

Support & Training

4.67 / 5

ROI Timeframe

4.45 / 5

Brand Value

4.56 / 5

Overll Ratings

4.35 / 5

Star Ratings


Overview of CARS24 Used Car Franchise

Industry

Automobile & Services

Line of Business

Used Car & Bike

Organization Type

Private

Head Office

Gurgaon

Founder

Mehul Aggrawal and Vikram chopra

Founded In (year)

2015

No. of Franchise Outlets

220+

Master Franchise Model

Not Available

Franchise Tenure

3 years

Franchise Location

All over India

Business Set-Up Time

1 – 2 Month

Franchise Commencement Year

2019


CARS24 Franchise Investment & Fees

Franchise Fee

Rs. 5 Lakhs

Infrastructure Investment

Rs. 30 Lakhs – Rs. 50 Lakhs


CARS24 Franchise Commission / Revenue Sharing / Royalty

Franchisee

90%

Franchisor

10%


CARS24 Franchise ROI Details

In Years

1 – 2 years


Master Franchise of CARS24 - Information

Franchise Fee

NA

Infrastructure Investment

NA

Commission% / Revenue Sharing

NA


CARS24 Franchise Infrastructure Requirement

Shop / Unit Area

300 – 500 Sq.ft

Employee headcount

10 to 15

Reception Area

Compulsory

Lounge / Waiting Area

Compulsory

Parking Facility

Compulsory

Product Display Area

Compulsory

Washing Area

Compulsory

Repair Area

Compulsory

Maintainence Area

Compulsory

Computer / Internet Connectivity

Compulsory

Billing Counter

Compulsory

Airconditioner

Compulsory

CCTV Set-up

Compulsory

Pick-drop / Delivery Service

Compulsory


Check out Business Opportunities with Similar Brands

Support provided by CARS24 Used Car Dealership

Regular Inventory Supply

Available

Product Pricing

Available

Service Pricing

Available

Offers

Available

Client Acquisition Support

Partially Available

Client Interaction Training

Available

Relationship Manager Support

Available

Interior Design Support

Available

Interior Development Support

Available

Marketing Support

Partially Available

Monetary Support

Not Available

Business Management Software

Available

Online Tie-up Support - Delivery

Partially Available

Website Support - For Order

Partially Available

Warranty / Guarantee Support

Available

Operation Manual

Available

Training Manual

Available


Franchise of CARS24 - Marketing Support

Unit Interior & Exterior Ads

Available

Local Advertisement

Available

Digital Marketing

Available

Television Advertisement

Not Available

Prints Advertisement

Occasionally Available

Events/Seminars

Occasionally Available


Training provided by CARS24 Dealership

Product Information Training

Provided

Product Display Training

Provided

Maintainence Training

Not Provided

Repair Training

Not Provided

Wash Training

Not Provided

Training Helpdesk

Provided


Franchise for CARS24 - Products or Services Offered

Cars

NA

Car Accessories

NA

Car Maintainence

Available

Car Rental

NA

Used Car

Available

Electric Car

NA

Bike

NA

Bike Accessories

NA

Bike Maintainence

Available

Bike Rental

NA

Used Bike

Available

Electric Bike

NA

Bicycle

NA

3 Wheeler

NA

3 Wheeler Accessories

NA

3 Wheeler Maintainence

NA

Used 3 Wheeler

NA

Electric 3 Wheeler

NA

Heavy Vehicle

NA

Heavy Vehicle Accessories

NA

Heavy Vehicle Maintainence

NA


Check out Business Opportunities with Similar Brands

Franchise of CARS24 Used Car - Revenue per Customer

Product / Service Price (In Rs.)

Rs. 40,000 – Rs. 35,00,000

GST Rate

18%


Franchisee Qualification required by CARS24 Franchise

Age Limit

Minimum 21 years

Business Experience

Required

Academic Qualification

Graduate


Documents required by CARS24 Used Vehicle Franchise

Franchise Agreement

Required

Proprietor Aadhaar Copy

Required

Proprietor Photo

Required

Proprietor / Business PAN Copy

Required

Business TAN Copy

Required

GST Registration Certificate

Required

Proprietor / Business Address Proof

Required

Unit / Shop Address Proof

Required

NOC of Unit / Shop

Required

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