Carzonrent India Private Limited - Franchise
Business Details
ABOUT MYLES
Myles is India's premier self-drive service available across 21 cities with 250+ convenient pick-up locations. Myles' wide range of cars includes more than 38 car models from a Mahindra e2o to a Mercedez.
Myles has grown from 14 cars to 1200+ cars in the last three years. To further cater to the growing demand for self-drive, Myles plans to bring together a fleet of 50,000 cars in 50 cities spread across over 5000 locations. in the next few years. The idea is to provide a Myles car every 400 meters in a city.
Self-drive through Myles is making sure that greater flexibility, convenience and affordability is available to any individual looking to buy a car. We use sophisticated telematics solutions to enable all cars to be available on a single web and mobile platform. Today, Myles is changing the way young urban Indians are buying cars.
Carzonrent India Private Limited - Franchise Investment Details
Commenced Dates
| Date Commenced Operations | 2013 |
| Date Commenced Franchising / Distribution | 2013 |
Franchise Details
Units
| Area | Investment | Franchise/Brand Fee | Royalty/Commission |
|---|---|---|---|
| - Sq.ft | Rs. 5lac - 10lac |
Master/ Multi Units
| Area | Investment | Unit/Brand Fee | Master/Brand Fee | Royalty/Commission |
| City Wise | Rs. 10000 - 50 K | |||
| State Wise | Rs. 10000 - 50 K | |||
| Region Wise | Rs. 10000 - 50 K |
Expansion Locations
| North | Delhi, Haryana, Uttar Pradesh |
| South | Karnataka, Tamil Nadu, Telangana |
| East | |
| West | Maharashtra, Rajasthan |
| Center | |
| Union Territories | Chandigarh |
Franchise Details (Optional)
| Want to expand | Nationwide |
| Exclusive territorial rights to a unit | No |
| Performance guarantee to unit franchisee | No |
| Anticipated percentage return on investment | 25 |
| Likely pay back period of capital for a unit franchise | |
| Other investment requirements |
Carzonrent India Private Limited - Franchise Training Details
| Detailed operating manuals for franchisees | Yes |
| Where is franchisee training provided? | Head Office |
| Is field assistance available for franchisee? | Yes |
| Will someone from Head Office provides assistance to franchisee in opening the franchise? | Yes |
| What IT systems do you presently have that will be included in the franchise? | Yes |
Carzonrent India Private Limited - Franchise Property Details
| Type of property required for this franchise opportunity | Others |
| Floor area requirement | - Sq.ft |
| Preferred location of unit franchised outlet |
Carzonrent India Private Limited - Franchise Other Details
| Do you have a standard franchise agreement? | Yes |
| How long is the franchise term for? | 3 Year |
| Is the term renewable? | Yes |
Carzonrent India Private Limited - Franchise
Category : Hotel Travel & Tourism
Area Req : - Sq. Feet
Franchise Outlets : Less than 10
Investment: Rs. 5 Lac - Rs. 10 Lac
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