To build a successful and long-lasting business with a high profit ratio and a bright future is something that is very complicated to achieve. It is the same reason why people opt for Franchise and dealerships as it becomes easy to run a business that has a great brand value in the market. Out of all the different sectors, the automobile industry has seen a tremendous growth and demand in the market. And when it comes to Automobiles, one of the leading brand dealerships that is preferred by many individuals is the Hyundai Dealership.
The name Hyundai needs no introduction, most of the cars that run on Indian roads are occupied by the ones that are manufactured by Hyundai. Be it affordable and middle-class family cars or premium cars, Hyundai has always been giving a tough competition to other known automobile brands. They targeted Indian markets from the year 1996 and since then it is the only brand that is preferred by first-time car users, to be more specific, the ‘Hyundai Santro’ car. A South-Korea origin manufacturing company has become India’s most preferred brand when it comes to automobiles, especially the four wheelers.
The Automobile has always proven to be a difficult industry for car manufacturers as they always have to provide top quality international standards and yet keep it affordable for all the customers. In a country like India, many automobile brands have entered and failed in their span, however, the sales record and demand of Hyundai Cars are in a different league in itself. Be it affordability, quality, or the after-sales services, Hyundai has always been up to the mark. The brand has its headquarters in Chennai and currently has two manufacturing units in India which make it very easily accessible and delivered to its units.
It is always the pros and cons that makes one come to a decision, especially in the case of dealerships and franchise. To have a dealership of an automobile brand is a very expensive venture and hence all pros should be studied well by an interested individual. The various advantages of acquiring Hyundai dealership are mentioned as follows.
As Hyundai India belongs to the automobile sector, it is very obvious that the investment amount would be very hefty. The total investment required for acquiring the dealership of Hyundai India would vary between 25 to 30 Crores INR. This investment amount includes everything, be it the dealership fee, area, equipment, necessary compliances, and so on.
The expected return on investment period is said to be between 3 to 5 years as per the records of many dealerships. The profit percentage is confidential and can only be known after signing the dealership agreement.
There are various ways through which one can contact the brand for dealership, such as visiting the head office or the official website. The easiest way is to head to their official website and fill the dealership form. You would be later contacted by the representatives of the brand and the process would scale further. The official website of the brand is as follows.
Around 25 to 30 Crores.
It is the 2nd largest Automobile seller in India
Around 3 to 5 years.
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