KIA Motors Dealership

The automobile industry in India is the fourth biggest producer in the world according to reports of 2021. The numbers continue to rise every day with each new model of vehicle being launched in the Indian market by both Indian companies and foreign companies.

Are you are passionate about the automobile, looking for a dealership opportunity in this industry? Have you been looking for popular international automobile dealership in India? Then starting a Kia Motors dealership business can be a very good option for business aspirants.

See Also: QC Kinetix Franchise

In this article, we will guide you in a simple way about how to take Kia dealership, along with its requirements, investment, profit, FAQ and contact details. Our motto behind writing this blog is to make you understand about the KIA dealership and you can choose an ideal auto dealership for business.

Wiki

KIA is a South Korean car company which is owned by Hyundai Motor. KIA Motors had entered the Indian market on May 2019 following a declaration of the development of 536-acre manufacturing unit in Andhra Pradesh.

KIA Motors was recorded its highest monthly sales in September 2020. It sold 18,676 cars in a single month.

See Also: Kisan Seva Kedra Petrol Pump Dealership

Indians were searching for an ideal compact SUV and this is where KIA launched its Seltos which turned into a well known vehicle among Indians. Apart from Seltos, KIA has two different models in its portfolio – compact SUV – Sonet and MUV Carnival.

KIA has more than 330 showrooms across 225 cities, the company planning to grow and expand the network in India. KIA is currently aimed to walk into regions like Northeast India, Northern Telangana, Karnataka and Western Rajasthan for new dealership.

Benefits

See Also: Home Clean Heroes Franchise

• Brand Recognition
• Low Cost of Entry
• Support from an Expert Team
• Reduced Risk for Startups
• A Vibrant And Growing Industry

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.

Cost/ Investment / Price / Fee

See Also: Tous Les Jours Franchise

The KIA dealership investment will depend upon the selected dealership model, city, space etc. To become an authorized KIA dealer, one would require at least 5 -10 crores rupees.

There are a few things engaged with setting up a showroom in India, which includes costs like rent, worker salary, showroom area development costs, initial stocks of vehicles, spare parts, and other various costs.

This initial investment includes brand deposit fee of 20-30 lakhs, interior decoration cost of 40-45 lakhs, spare parts of 50 lakhs, initial showroom working fund of 1 crore, initial stocks of 4-7 crores.

Requirements

See Also: Houston’s Hot Chicken Franchise

• Legal to work in USA
• Ability to speak and understand English
• Have all Legal documents
• No criminal record

Area Required

As we told you that KIA Motor Company is a very high level company in India, but it also does your work where it sees growth in the business.

Talking about KIA Motor Company, this company chooses commercial center (commercial area) to open KIA Motors dealership Showroom regardless of the place.

For this, the company has also formed its own team, which will take stock of the place to open the dealership. And later chooses the place, to open a KIA Motors Dealership, you must have space in a commercial area as given details below:

See Also: Harold’s Chicken Franchise

• For Showroom: 6000 sqft and front should be 80 sqft (minimum)
• For Workshop: 8000 sqft – 10000 sqft (Minimum)
• For spare Parts: 500 sqft – 1000 sqft (minimum)

Documents Required

• ID Proof: 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 License

See Also: Rose Milk Raja Franchise

Eligibility Criteria

• Interested candidates are need to be dedicated themselves to the KIA dealership business and follow the company guidelines and maintain the standards.
• |The candidate should have the passion to work in the automobile business and ready to run the business for long term.
• The interested candidate must have the skill and leadership quality to operate a KIA dealer showroom.
• The candidate should have enough knowledge and experience of working in an automobile sector.

Requirements

• The candidate must fulfill all the criteria for KIA dealership.
• The applicant should be financially capable and have great credit to begin a KIA dealership and prepared to invest at least 5 Crore – 10 Crore, excluding the cost of area.
• Candidate must have sufficient space to open a showroom, service center, and a little area for spare parts storage for a KIA showroom.
• It is advised to the applicant to choose a suitable area for the showroom that meet KIA Motors requirements like high visibility, easy accessibility, with all necessary facilities of a showroom.
• For a KIA dealership business 10-15 staffs are required to run the business.

See Also: Dr. Reddy Franchise

Manpower

Courteous, efficient and trained manpower is vital for maintaining the successful operation of the dealership and achieving high levels of customer satisfaction.

• Manager
• Sales Coordinator
• Sales Consultant
• Technicians
• Supervisor
• Workshop manager
• Service Advisor
• Salespersons
• Maintenance Staff
• Other

See Also: Blue Coast Savings Consultant Franchise

How Much Money Can I Make 

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise hinges on several specific characteristics, such as franchise location, labour costs, commercial lease rates, etc.

How to Apply 

First, you must fill out the form to get the franchise. Then the company officials will contact you for further details. After that, you can open this franchise.

Apply Here

Contact details

Website

https://www.kia.com

Conclusion

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 share it with us. Share your thoughts, and we will contact you with new franchises and opportunities. Stay Tuned for more franchises. Thank you

FAQ (Frequently Asked Question)

Is KIA Motors Dealership profitable or not?

Ans: It is a fast-moving product with fewer margins, but your sale needs to be lowered. So, you can make more profit from this business.

See Also: Beggars Pizza Franchise

How much does it cost to open KIA Motors Dealership?

The KIA dealership investment will depend upon the selected dealership model, city, space etc. To become an authorized KIA dealer, one would require at least 5 -10 crores rupees.

There are a few things engaged with setting up a showroom in India, which includes costs like rent, worker salary, showroom area development costs, initial stocks of vehicles, spare parts, and other various costs.

This initial investment includes brand deposit fee of 20-30 lakhs, interior decoration cost of 40-45 lakhs, spare parts of 50 lakhs, initial showroom working fund of 1 crore, initial stocks of 4-7 crores.

See Also: Premier Martial Arts Franchise

Is KIA Motors a Dealership?

Yes, a franchise.

Where KIA Motors was founded?

KIA Motors was founded in 1944 in Seoul, South Korea.

Where is its HO?

The HO of KIA motors is situated in Seoul, South Korea. It has many manufacturing units in global market like- US, South Korea, India, Canada and Europe.

See Also: Homewell Care Services Franchise

Why is KIA famous for?

Kia Motors was founded in May 1944. It is Korea’s oldest manufacturer of motor vehicles which made bicycles and motorcycles earlier. KIA has owned by the global Hyundai-Kia Automotive Group and it becomes the world’s fifth largest automobile manufacturer.

What is the cost of KIA dealership in India?

the initial cost of KIA dealership is minimum 5-10 crores, excluding the land amount.

What is the full form of KIA?

The full form of KIA is “Killed in Action”.

See Also: Homes and Land Magazine Franchise

Why KIA is so popular and successful in India?

One of the main reason for KIA’s success in India is its product mix for all segments of customers. KIA launched mid- SUV car segment and that is very demanding. KIA also launched MPV for premium customers and it is also very popular segment. KIA understands the choices of the customer and market demand and we can see its result in the Indian market.

Disclaimer: The information in this article, like investment, may vary from place to place, so we are not sure about the investment part and other parts.

If you need help from our team, please fill out the contact form. Our team will contact you soon. And if you like this post, then please share this post.

See Also: Zips Dry Cleaners Franchise

The contents, services, and information offered on this website are “as is” and “as available” without explicit or implied warranties or representations. The sole purpose of the skill and tech blogs is to have informative discussions about business, startups, and franchises.

Only general 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.

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.