TVS Dealership In India, Cost, Profit, Contact No Cost, Profit, Benefits, Contact Detail, Requirements, Kaise Le, Apply | SkillsAndTech
Have you ever wanted to own your own business? Be your own boss? Are you looking for a franchise in USA? Then this franchise is right for you. to know about how you can get this franchise in the following paragraph. You can know about the cost and profit you can make through this franchise. You can even learn about the requirements that are needed for this franchise.
Table of Contents
Wiki
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TVS Motor Company is a reputed two and three-wheeler manufacturer globally, championing progress through Mobility with a focus on sustainability.
Rooted in our 100-year legacy of Trust, Value, and Passion for Customers and Exactness, we take pride in making internationally aspirational products of the highest quality through innovative and sustainable processes.
The company began in 1979 as the flagship brand of the TVS Group, founded by T.V. To establish Sundaram Layangar. Under the steadfast and diligent leadership of Chairman Emeritus, Venu Srinivasan, the company has become the largest member of the TVS Group in terms of size and turnover.
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Professor Sir Ralf Dieter Speth, Chairman, TVS Motor Company and Sudarshan Venu, Managing Director, TVS Motor Company are charting a bright way forward for the company.
Benefits
- TVS offers a good supplementary business to your existing business, with an assured income every month at a minimal initial investment in infrastructure.
- The widest range of products, from mopeds to scooters to high-end bikes, each caters to an exceptional array of customers. In this way you can have the wonderful chance to offer advanced items to the largest set of customers to increase profits.
- The company also provides operational and spare parts support to the two-wheelers offered for sale at the respective TVS dealerships.
- It also provide support to dealers to setup his business and to increase its showroom sales.
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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
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If you want to take TVS Dealership and if you have your own area/space then, you have to invest minimum of 90 lakh to 1.6 crore. Investment bifurcate is given below:
Sl No. | Particulars | Authorize Main Dealer | Authorize Dealer |
1. | Dealership fee | 5 Lakh | 2 Lakh – 5 Lakh |
2. | Infrastructure (Building constructions, Interior, tools & Equipment, electrical fitting, etc) | 50 Lakh | 30 Lakh |
3. | Stock Investment | 40 Lakh – 50 Lakh | 25 Lakh |
4. | Spare Parts | 5 Lakh | 2 Lakh |
5. | Human Resources | 2 Lakh | 1 Lakh |
6. | Advertisement | 2 Lakh* | 2 Lakh* |
7. | Working Capital | 50 Lakh | 30 Lakh |
8. | License Fee | 50 thousand | 50 thousand |
Total investment | 160 Lakh (1.6 crore) | 90 Lac – 95 Lac |
The investment may vary according to the location. So, the above investment idea is a expected investment to open a TVS Dealership showroom.
Requirements
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Eligibility Criteria for TVS Dealership
- Should have an ability to invest 1 crore to 1.5 crore.
- Experience in the Automotive showroom management.
- Should have shop space about 3000 sqft.
- Ability of Management/Supervision.
Space Requirements for TVS Dealership Showroom
As we told you that TVS 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 TVS Motor Company, this company chooses commercial center (commercial area) to open TVS bike dealership 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 TVS bike dealership, you must have space in a commercial area.
Parameter | Authorize main Dealer (AMD) | Authorize Dealer (AD) | |
Business Opportunity location | An AMD is an authorised main dealer of the company and is usually based in towns having a population of more than 1 lakh | An AD is an authorized dealer of an AMD and is usually based in towns having a population of less than 1 lakh | |
Area | Showroom | Minim.Front40 ft i.e. 40×45 = 1800 sq. ft | 500 sq. ft (minimum 25 ft – 35 ft) |
Service(workshop) | 2500 sq. ft | 500 sq. ft – 1000 sq. ft | |
For Spare Parts | 500 sq. ft | 100 sq. ft – 200 sq. ft | |
For water wash | 150 sq. ft | 100 sq. ft |
Documents & License
If you want to open TVS Dealership then you must have some documents and license which is given below:
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- ID Proof : Aadhaar card, Pan card, Voter id card
- Address proof : Ration card, electricity bill
- Photograph, Phone number, Email id
- GST Registration certificate
- NOC of unit/shop
- Unit/shop address proof
- Franchise agreement
- Trade Certificate
- Trade License
- EPF & ESIC Registration
Manpower required for TVS Dealership Showroom
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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
Profit
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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.
TVS company manufacture many different type of two wheeler and sports bike. Including petrol bike/Scooter and electric scooter/bike as well as spare parts and merchandise. TVS is one of the best company in the India. They provide best service to their customers and dealers. It also provide good profits and margin in vehicles and spare parts. Profits and margin which are provided by the company to the dealers are given below:
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Company will provide average profit = 5% – 7% (depends on vehicle)
Net profit on Spare Parts= 20% – 25% on MRP
How to Apply
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.
Contact details
Website
FAQ
How to apply for TVS two wheeler dealership ?
To apply for the TVS two wheeler dealership you can apply via visiting its official website or Click here to get the dealership contact form. Fill the form properly and submit the form. The company’s executive will contact you within a week.
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How do I get a TVS spare parts dealership ?
If you want to get the TVS spare parts dealership you can get by two ways one is to get the whole dealership of the TVS Company or individually you have to request to the company to give you the dealership. There is very rare chances for the approval for the TVS spare part dealership. Because the company mostly prefer to the TVS Dealers for the spare parts dealership.
How do I become a TVS Iqube dealer ?
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TVS Iqube comes under the electric model of TVS company. So the company is not providing individual dealership of electric scooter dealership. So, if you will take the TVS Dealership then you can deal in all the vehicle petrol as well as electric scooter/ bike.
Is TVS dealership profitable ?
Before saying it TVS Dealership is profitable lets discuss about the TVS Company. It is famous for the best sports bike/scooter in India. And now a days everyone wants that I must have at least one good sports bike. Due to which the demand of selling sports bike is increased.
And the existing dealers is selling more than 40 bikes per months. And there are more earning sources for the Dealers. Whenever you will join to the company they will guide you for the everything. So, we can say TVS Dealership is profitable.
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How to get TVS two wheeler dealership ?
First you have to fill the dealership form then the company’s executive explain you everything. If you’ll confirm for the dealership then they’ll visit your area and verify. After their verification they give you the confirmation letter. You have to pay some amount for the dealership application process. After getting dealership approval you can start your TVS dealership.
How much investment is required in getting a TVS dealership ?
If you want to take TVS dealership then you must have proper investment of about 1 crore. And in long term you have to invest more.
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What is The Difference Between Franchisor vs. Franchisee
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What Is The Difference Between Franchise Vs. Sole Proprietorship
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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 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
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.
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