How to Get Hyundai Dealership Franchise In India Cost, Profit, Benefits, Contact Detail, Requirements, Kaise Le, Apply | SkillsAndTechSkillsandTech | August 1, 2021 |
Hyundai Motor India Ltd. is India’s largest car manufacturer and biggest passenger car exporter. Remaining India’s largest car exporter for a consecutive 7 years period, Hyundai has 346 dealers pan India. Over and above these 346 dealers, Hyundai has 800 service centers across India which provides high quality service and solutions to its ever expanding customers.
Table of Contents
About Hyundai Dealership Franchise In India
The state of the art vehicles it produces for the society and the excellent service levels has earned Hyundai many awards. Hyundai does not award Franchise directly. One can become Hyundai dealer if they want to be. We provide here pertinent information for becoming a Hyundai dealer.
What Are Benefits of Starting Hyundai Dealership Franchise In India
Hyundai is a Korean company. But over the years, due to company’s work and efforts, Hyundai is assumed to be an Indian company by the people.
Hyundai is India’s second most purchased brand in cars.
Hyundai India is Asian market’s largest car exporter. The company has shown a consistent growth at 10%.
Number of Car Models
Hyundai India manufactures all the cars locally. The company is currently selling 9 different cars in the country. The cars are Hyundai Santro, Hyundai i10, Hyundai Grand i10, Hyundai Xcent, Hyundai i20 Active, Hyundai 4S Fluidic Verna, Hyundai Elantra, Hyundai Creta and Hyundai Tucson.
Hyundai India is the only car manufacturing company in India which takes it Corporate Social Responsibility very seriously.
Hyundai India is a subsidiary of Hyundai. Hyundai is a Korean company. The cars manufactured by Hyundai have latest technology. All the cars made have to comply with the set international standards.
Hyundai is a globally renowned organization. The company sells its cars in countries like South Korea, China, USA, Canada, Mexico, Brazil, Turkey and Japan.
How Much Is Cost For Hyundai Dealership Franchise In India
Starting a Hyundai dealership in any big city in India will cost around INR 25 crores. INR 12 crores to INR 15 crores is required the cost of brand fees, rent of the dealership showroom and the cost of procurement of vehicles. INR 5 crores will be needed as the cost for interiors, gadgets and any required construction. INR 5 crores is needed to pay salaries to the staff and for maintenance.
All the payment for the procurement of goods is to be fully paid in advance.
Years of bond and profitability
The return on investment is estimated between 3 years to 5 years. The exact percentage cannot be estimated. The number of years on returns depends on factors like location of the store, city, sale strategies and promotion of the showroom. The company signs a standard franchise agreement with the franchisee. The contract can be renewed on expiration. Renewal depends on the discretion of the company.
What Are Requirements For Hyundai Dealership Franchise In India
How Much Area Is Required For Hyundai Dealership Franchise In India
The total area required to start Hyundai Dealership is 4000 square feet. The area must be located such that it is easily locatable by the customers. It should be easily accessible. The area must accommodate space for a big display area for the cars, working area for the people employed, and parking space for the cars to be sold.
The showroom must have a clean and presentable reception area for the customers. A designated office area is also required. The showroom must be located on the ground floor. The company provides the guidelines to set up the showroom. The showroom must contain a walk in service location. There must be a designated workshop area for all the repairs, storage of spare parts and incoming vehicles for repair. The showroom must be located in a commercial area.
What Are Skills or Experience Required For Hyundai Dealership Franchise In India
The company is looking for franchise partners who have previous experience in the automotive workshop business. The company requires the audited financial records of the franchisee. The franchisee must the standard set by Hyundai all the time.
What Are Regions of Operation For Hyundai Dealership Franchise In India
Hyundai India has 449 dealers and more than 1,150 service stations all across India. Hyundai has its headquarters in Chennai, Tamil Nadu. Hyundai has 2 manufacturing units in Kancheepuram and one near Chennai. Its research and development facility is located in Hyderabad, Telangana. The company wants to expand in the states of Jammu and Kashmir, Delhi, Punjab, Haryana, Uttar Pradesh, Himachal Pradesh and Uttranchal in the northern parts of the country.
In the south, the company is targeting the states of Kerala, Karnataka, Tamil Nadu, and Telangana. In east India the company wants to focus on West Bengal, Bihar, Jharkhand and in the northeast, it wants to expand its network in all the seven sisters. In the west, the company wants to expand in Maharashtra, Goa, Gujarat, and Rajasthan. Madhya Pradesh and Chattisgarh are the targets in central India. The company also plans on expanding in all the Union Territories.
What Kind Of Training Is Required For Hyundai Dealership Franchise In India
The company provides all the interior designing inputs for the showroom to the dealer. It also provides inputs on the construction. It helps in the site selection. The company gives its full attention to help the franchise partner with marketing and advertising. Proper technical knowledge and training is given to all the employees. Guidelines on administration are set out by the company. Guidance and assistance are always available to the franchise partner. The company also gives full IT support.
How Much Staff Requirement Is Required For Hyundai Dealership Franchise In India
Manager, Sales Coordinator, sales consultant, technicians, supervisor, workshop manager, service advisor, salespersons, and store in charge are the manpower required to run and manage a dealership showroom. In addition, maintenance staff is also required.
What Are Profit Margin In Hyundai Dealership Franchise In India
Hyundai deals high quality high range products that are more sophisticated in nature. This being the case, it cannot be compared with a normal brand on any aspects of the business. Owing to the same, the return on investment for a Hyundai dealership can be expected within 3 to 5 years time from starting the dealership.
Remember, the exact percentage of return on investment cannot be ascertained by any standards since it is dependent on many factors like strategies adopted in sales, location in which the dealership is situated, efficiency of the management in place, promotional activities carried on, their frequency and resultant sales to the promotional activities etc.
If you are selected to become a dealer of Hyundai, ascertain the kind of promotional activities which would fetch you huge business so you can target for an earlier break even and return on investment than the indicated one.
How To Apply For Hyundai Dealership Franchise In India
To get associated with Hyundai Motor India Limited as a dealer, fill in the application form available in the Hyundai website. Fill in all pertinent details asked for in a proper manner and submit the same. Information collected through this application form is mainly personal contacts and your financial capability. Attach all the documents being asked for before submitting.
Alternatively, print the application form, fill in all the details, and attach the required forms and proofs with the same. Submit the complete bunch to the Hyundai India Regional office nearby. If your papers satisfy all criterions, you will be called for further discussions to make you a dealer of the well established brand in India.
- Email: firstname.lastname@example.org
- Call: 1800-11-4645 or 098-7356-4645
Become a Hyundai Motor India Limited dealer and sharpen your business skills while earning huge profits through an established business model
What Are Contact Details for Hyundai Dealership Franchise In India
Hyundai India dealership contact person:
Mr. Manjeet Singh
Hyundai dealership contact phone number:
+91 – 11 6602 2160 (D) and +91 – 11 6602 2000 (Board)
- Hyundai Motor India Limited Central Regional Office 1 (New Delhi)
A-30, Mohan co-operative, Industrial Estate, Mathura Road, New Delhi- 110044
Tel: 011 – 66379503 Fax: 011 – 66379939
- Hyundai Motor India Limited Central Regional Office 2 (Lucknow)
605, 20-A, Rattan Square Complex, Vidhan Sabha Marg, Lucknow- 226001
Tel: 0522 – 6714600 Fax: 0522 – 6714611
- Hyundai Motor India Limited North Regional Office 1 (Chandigarh)
DLF Tower – B, 3RD Floor, Rajeev Gandhi, Chandigarh IT Park, Chandigarh-160101
Tele: 0172 – 6605000 Fax: 0172 – 6605020
- Hyundai Motor India Limited North Regional Office 2 (Jaipur)
G Business Park, D- 34, 7th Floor, Subhash Marg, C-scheme, Jaipur- 302001
Tel: 0141 – 6635555 Fax: 0141 – 6535544
- Hyundai Motor India Limited East Regional Office 1 (Kolkata)
Benchmark Tower, 8th Floor, Plot No. G1, Block-EP & GP, Sec – V, Salt Lake City, Kolkata – 700091
Tel: 033-40060045-51 Fax: 033-40060050
- Hyundai Motor India Limited East Regional Office 2 (Guwahati)
4th Floor, Monal Tower, Opposite Assam Secretariat, G.S.Road, Dispur, Guwahati- 781006
Tel: 0361 – 2237891- 94 Fax: 0361 – 2237890
- Hyundai Motor India Limited South Regional Office 1 (Chennai)
NP- 54, Developed Plot, Thiru Vika Industrial Estate, Ekkaduthangal, Guindy, Chennai- 600032
Tel: 044 – 42204600 Fax: 044 – 42119530
- Hyundai Motor India Limited South Regional Office 2 (Hyderabad)
Gayathri 6-3-1239/2/B/1, Renuka Wnclave, Somajiguda, Rajbhavan Road, Hyderabad- 500082
Tel: 040 – 64631130-32 and 43 Fax: 040 – 23303566
- Hyundai Motor India Limited West Regional Office 1 (Mumbai)
Business Square, A/102, First Floor, Chakala, Andheri-Kurla Road, Andheri –East, Mumbai- 400093
Tel: 022 – 40969000 Fax: 022 – 40969030
- Hyundai Motor India Limited West Regional Office 2 (Ahmedabadi)
1st Floor, City Mall, Unit NO. 11 – Shop 1 and 2, Mouje Bodakdev, Near Rajpath Club, S.G.Road, Bodakdev, Gandhi Nagar Road, Ahemdabad- 380054
Tel: 079 – 66133000 Fax: 079 – 66133017
- Hyundai Motor India Limited West Regional Office 3 (Bhopal)
Sewani Plaza, 15/ 9B 1st & 2nd floor, Malviya Nagar, Opp.- Raj Bhawan, Bhopal– 462003
Tel: 0755 – 6733800 Fax: 0755 – 6733888
Owning a car has become important and necessary in today’s world. Cars have become a lifeline for many people. Car not only makes our lives easy but they also make traveling very convenient.
Hyundai Motors, a South Korean company came to India in the year 1996. The company set up its head office in Chennai and started a manufacturing unit near the city of Chennai. In 1998 the company launched its first car, Hyundai Santro. With the launch of this car, the company formally launched itself in the Indian market and the hearts of the people. Every second person wanted to own a Santro. It was the people’s dream car.
The company is still driving the dreams of the people and has been successfully producing and selling cars in the country. Today, Hyundai is India’s second most loved brand in cars. Hyundai India is the largest exporter of cars in the Asian market. Hyundai is currently exporting cars to 88 countries across Africa, Middle East, Latin America, Australia, and the Asia Pacific.
Hyundai enters into franchise deals with people to expand its business. The company wants to be present in every city in the country.
To start a franchise showroom of Hyundai total area of 4000 square feet is required. An initial investment of INR 25 crores is needed. The company helps in setting up the showroom. It trains the staff about all the things related to cars. The return on investment is estimated between 3 years to 5 years. The company signs a standard franchise agreement with the franchisee. The contract can be renewed on expiration.
Hyundai is a reputed name globally and is a company worth investing in.