Is MRF TYRE dealership profitable?

From MRF Tyre dealership you can expect a profit margin of 7\% to 12\%. The profit margin in MRF Tyre dealership is directly proportional to the number of sales you have made. i.e If you make more sales, then you will be able to gain more offers and bonuses offered by the company.

How much is MRF franchise?

You need approximate INR 25-30 lakhs to start MRF Tyre dealership.

Is tyre business profitable in India?

Is Tyre Business Profitable in India? If you are looking for a retail business in the automobile industry sector and willing for a reasonable investment, a tyre shop can be a perfect fit for you. Both retail selling and distribution offer a decent margin in this business.

What is MRF T&S?

MRF T&S is a one stop shop for a unique tyre shopping experience. T&S stocks the entire range of MRF tyres and is equipped to provide services of computerised nitrogen inflation, tubeless repair, wheel alignment, wheel balancing and tyre changing.

How do I become a TYRE agent?

Space Requirement: The minimum space required to start an Ceat Tyre dealership is about 800- 1200 sqft. However, if you are planning to sell other automobile accessories together with Tyre then you may require more space. Gowdown: 300-500 sq ft. Space for the Wheel Balancing: 400-500 sq ft.

How do dealerships get MRF Tyres?

How to get MRF tyres dealership? While the first investment to acquire MRF tyres dealership is about 10 Lakhs, 23 Lakhs are the maximum investment that’s more so towards equipment and machines price. MRF urges a built-in place of 370 square meters that contrasts to 4000 Square ft of the overall distance.

What is the profit margin on tires?

“As far as margin goes (not markup), the goal for many independent shops and tire stores is in the upper 20s to lower 30s (percent) range. “From what I have seen, that’s a very realistic range for most shops.

How do dealerships start MRF tyres?

If you want to start MRF tyres you can apply on Online MRF tyre official website, and you can also fill the application form. If the company is shortlisted to they will personally contact you. Also, you can get MRF tyres franchise applied directly through their contact office in Chennai.