Kia DealershipSkillsandTech | May 6, 2023 |
The automotive industry in India is the fourth-largest by production in the world as per reports from 2021 statistics. The numbers keep rising each day with every new type of vehicle being launched in the Indian market by both Indian brands and as well as foreign players.
See Also: Rajesh Masala Distributorship
Table of Contents
Kia Dealership Wiki
Tata being one of the major players in the market is really doing great when it comes to safety whereas other foreign brands like Kia is offering hi-tech features in its car models which is becoming one of the major attractions among the consumers in India
See Also: Maharaja Chaap Franchise
Entrepreneurs those who wish to start an automobile dealership business in India can go for several brands Kia being one of them. Kia is a brand that has earned quite the reputation for delivering hi-tech stylish looking vehicles and the brand designs one of the most attractive-looking vehicles today. Considering Kia’s dealership franchise today could be one of the most beneficial options if you wish to start an automobile dealership in India.
Kia Dealership Benefits
- Brand Recognition
- Low Cost of Entry
- Support from an Expert Team
- Reduced Risk for Startups
- A Vibrant And Growing Industry
See Also: Cafe Peter Franchise
Kia Dealership Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
Kia Dealership Cost/ Investment / Price / Fee
Kia has become a massive brand in the automobile industry today and it is also obvious that taking its dealership would be a huge amount. The total investment would depend on various factors like the type of franchise/dealership that you wish to take. Also, if you have got your own land at a prime location with parking space and all other things then the investment would be different when compared to purchasing a land and then starting a Kia dealership program.
See Also: The Ice Cream Club Franchise
In major cities the cost of land could be around INR 15 crores to INR 20 crores excluding the showroom’s setup cost. Agency building cost would be around INR 30 lacs to INR 40 lacs. The company also charge a security fee from its franchise owners which could be around INR 10 lacs to INR 20 lacs. Miscellaneous costs like salary of staff would be around INR 5 lacs to INR 10 lacs. The stock cost would come to around INR 1 crore to INR 1.5 crore.
The total investment amount is expected to be around INR 20 crores to INR 30 crores if you wish to start by purchasing your own land at a prime location. If you wish to know more in detail about such financial details then it would be a wise option to directly get in touch with the company.
Kia Dealership Requirements
See Also: Purrfect Pals Franchise
- Legal to work in the India
- Ability to speak and understand English
- Have all Legal documents
- No criminal record
Documents Required before starting a Kia Dealership
- Personal documents (ID Proof documents): Aadhaar card, Voter Card, PAN Card
- Address proof: Ration Card, Electricity bill,
- Bank account details with Passbook details
- Passport size photographs
- Email ID
- Phone number
- Property documents (complete property documents with title and address)
- Lease agreement (if any)
- All types of NOC
- GST Number and GST Certificate
- Trade Licence
See Also: Samurai Sam’s Franchise
Manpower Required to run a Kia Dealership
If you have visited any automobile showroom nearby then you may have noticed that there are many professional workers and as well as normal staff members working at the store. Therefore, with a similar scenario your store should also have the required manpower after you have setup the dealer and want to start your business immediately. Professionals like salesperson, help desk employee/receptionist, staff members like peon, and helpers, hygiene and maintenance staff, security guards and many more.
The total manpower required would be around 10-15 people at a Kia dealership store. Customers visiting the store must feel welcomed and they must be treated with extreme professionalism and salesperson should be knowledgeable and must know how to handle customers with respect. If wrong employees are hired then it could prove fatal for your business and as well as the overall goodwill of the company.
Area Required to start a Kia Dealership
See Also: Samurai Sam’s Teriyaki Grill Franchise
The area required for opening a Kia store would be huge because a lot of space would be required for parking, sitting area for customers, office space, advertising, and such. The land should be on road and should not have any kind of objection from the government.
- The area required for office could be around 400 sq ft to 500 sq ft.
- Space required for the showroom could be around 1000 sq ft to 1500 sq ft.
- Space for car parking could be around 1500 sq ft to 2000 sq ft.
- Store space of 500 sq ft to 1000 sq ft.
- Workshop space 800 sq ft to 1200 sq ft
- Total space/area required: 6000 sq ft to 7000 sq ft
How Much Money Can I Make With A Kia Dealership
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
See Also: Gupta Sandwich Franchise
How to Apply For Kia Dealership
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
FAQ (Frequently Asked Question)
Is Kia Dealership profitable or not?
Kia sold close to 10,000 cars of its Sonet model in the year 2023 which is quite a huge number. However, the other models are also receiving quite the name and fame in the Indian market and has proved to be profitable for the company.
See Also: Baap of Rolls Franchise
The company’s reputation and goodwill has become strong over the past couple of years and has built a strong customer base and therefore it would be justified to say that Kia dealership when opened in a prime location could be a profitable business.
How much does it cost to open Kia Dealership?
In major cities the cost of land could be around INR 15 crores to INR 20 crores excluding the showroom’s setup cost. Agency building cost would be around INR 30 lacs to INR 40 lacs. The company also charge a security fee from its franchise owners which could be around INR 10 lacs to INR 20 lacs.
See Also: Sugar N Spice Franchise
Miscellaneous costs like salary of staff would be around INR 5 lacs to INR 10 lacs. The stock cost would come to around INR 1 crore to INR 1.5 crore.
Is Kia Dealership ?
Yes, a franchise.
Is Kia dealership a good option to start business?
Ans: Kia dealership is the best option to start an automobile dealership business in India. If you have the required amount of investment ready then you can go for Kia franchise or dealership in India.
See Also: Gabru Di Chaap Franchise
How many Kia outlet dealerships are there in India?
Ans: According to Cardekho.com Kia has got 333 car showrooms across 225 cities in India. If you wish to take its dealership then you can apply for it online.
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part and other parts also.
If you need any help from our team then please fill the contact form our team will contact you soon. And if you like this post then please share this post.
See Also: The Street Cafe Franchise
The contents, services, and information offered on this website are given “as is” and “as available” without any explicit or implied warranties or representations.
The sole purpose of the skillsandtech blogs is to have instructive discussions about business, startups, and franchises. Only broad informational purposes are served by the content and information provided here. Before relying on the information to make any legal, financial, or business decisions, consult a specialist.
See Also: Godfather’s Pizza Franchise
You should only use this material at your own risk. The website’s misleading, erroneous, or incomplete information is not the responsibility of SkillsAndTech. Despite all efforts to guarantee that the content on this website is current, pertinent, and correct. SkillsAndTech disclaims all responsibility for the accuracy, usefulness, and completeness of the information, products, services or associated images on the website for any reason.