|
Established
2008
|
Franchise Started
2008
|
Owned Outlets
0
|
Franchise Outlets
70
|
Investment
₹30 L – ₹50 L
|
Space Requirement
800
|
Brand Profile
Mahindra FirstChoice is a part of 6.7 billion dollar Mahindra Group under a sector of "After Market Sector", one of the leading automobile players in India. The other promoters include HDFC, the most respected financial institution in country and Sah & Sanghi, known for their retail operations in Mumbai.
Mahindra FirstChoice is in the process of setting up a nationwide chain of Multi Brand used car outlets which includes SUPERSTORES & Franchisee Stores. It has already appointed around 70 franchisee in 50 leading cities of the country and plans to have more than 200 stores over a period of 2-3 years.
Single Unit Investment for MAHINDRA FIRST CHOICE
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | ₹30 L – ₹50 L |
| 2 | Investments Includes |
Franchise Fee
Equipments Furniture and Fixtures Advertising / Marketing |
| 3 | Capital Investment | |
| 4 | Expected Payback Period | |
| 5 | Expected ROI |
Master Franchise Investment for MAHINDRA FIRST CHOICE
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | Below ₹2 L |
| 2 | Franchise Fee | |
| 3 | Investments Includes |
Furniture and Fixtures
Advertising / Marketing |
| 4 | Capital Investment |
Important Points for MAHINDRA FIRST CHOICE Franchise
| Sl | Heading | Description |
|---|---|---|
| 1 | Franchise Training Program |
Training Program available for the franchisee
Software-Hardware Support included in the Franchise Fees |
| 2 | Franchise Training Venue | Franchise Site |
| 3 | Franchise available in Regions |
Central
Eastern Northern Southern Western North-East All India |
| 4 | Area/Site Preference | Commercial,Residential |
| 5 | Minimum Floor Area needed | 800 |
| 6 | Term of Franchise Agreement |
Franchise Agreement is renewable
|
| 7 | Other Important Points |
Minimum Guarantee given
Facility provided Master Franchise Available Site Select Help given |
Frequently Asked Questions — MAHINDRA FIRST CHOICE Franchise
The expected investment for a MAHINDRA FIRST CHOICE franchise is ₹30 L – ₹50 L.
MAHINDRA FIRST CHOICE does not currently list a formal training program. Contact the franchisor for details.
A minimum floor area of 800 is required to open a MAHINDRA FIRST CHOICE franchise outlet.
Currently, MAHINDRA FIRST CHOICE does not list a Master Franchise opportunity. Single-unit franchise is available.
MAHINDRA FIRST CHOICE operates in the Automotive sector. It is listed on Franchisezing under Automotive franchise opportunities in India.