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CAR RENTAL SERVICES

Carzonrent India Private Limited

  • Area Req
    000- 000Sq.ft
  • Investment Range
    INR Rs. 5lac - 10lac
  • Franchise Outlets
    No Outlets
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.

Investment Details

Commenced Operations

Operations Commenced On 2013

Franchising / Distribution Commenced On 2013

Franchise Details
Units

Investment INR Rs. 5lac - 10lac

Brand Fee

Royalty/Commission

Expansion Locations
stateWise

Carzonrent India Private Limited

North

Delhi,Haryana,Himachal Pradesh,Jammu and Kashmir,Punjab,Uttaranchal,Uttar Pradesh

West & Central State

Gujarat,Rajasthan,Maharashtra,Goa

Chhattisgarh,Madhya Pradesh,Bihar,Jharkhand

East

Assam,Meghalaya,Mizoram,Tripura,Arunachal Pradesh,Manipur,Nagaland,West Bengal,Sikkim,Odisha

South

Kerala,Karnataka,Tamil Nadu,Andhra Pradesh,Telangana

Union Territories

Andaman and Nicobar,Pondicherry,Chandigarh,Lakshadweep,Daman and Diu

Franchise Details

Anticipated percentage return on investment 50 %

Likely pay back period of capital for a unit franchise

Other investment requirements No

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 000 - 000Sq.ft

Preferred location of unit franchise outlet Lucknow

Training Details

Detailed operating manuals for franchisees No

Franchisee training location Lucknow

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? Life

Is the term renewable? Yes



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