The 5 Best Tire Franchise Businesses in India for 2023
According to a recent study by the International Energy Agency, passenger car ownership is expected to grow 7 times for the next 25 years. The forecast means that car maintenance businesses including tire store franchises will be in ever-growing demand. The best tyre franchise opportunities in India offer their franchisees marketing support, established brand name & logo and a proven business model for success. If you`re thinking of an own business which will bring fast return on investment, choose the most interesting concept out of the list of popular tire franchise opportunities in India here
Here are the top 5 tire franchises in India
JK Tyres
Founded in: 1974
Franchising since: 2015
Initial investment: From Rs 10 Lakhs
Royalty Fees: 15%
JK Tyre is the pioneer of Radial technology in India. Producing more than 35 million tires per annum from their 12 states of the art manufacturing units, JK Tyres has a strong presence in more than 100 countries. JK Tyres now launches Xpress Wheels, a one-stop solution for passenger car tires to reach out to smaller towns & cities. Xpress wheels provide JK Tyres full range of Tube & tubeless tires for passenger cars & SUV’s. The franchise benefits are a strong business support system, low investment high returns, wheel servicing equipment at competitive pricing, attractive sales & support policy, well trained & consumer-friendly service & salesforce.
ChangeMyTyre
Founded in: 2012
Franchising since: 2012
Franchise units: 15
Initial investment: From Rs 20 Lakhs
Royalty Fees: 15%
ChangeMyTyre Pitstop is India's first initiative to roll out a modern chain of multi-brand tire stores in India and is promoted by the largest online tire store - ChangeMyTyre. The tire business has been till now been handed over from one generation to another and the trade know-how was not easy to pass on to the new person wanting to enter into this business. ChangeMyTyre now invites automotive enthusiasts to join hand with a highly professional outfit as our franchisees in this highly profitable, engaging and scalable business. This unique model makes it easy for the franchisees to open multi-brand tire stores with the company taking care of all their issues and challenges relating to sourcing, training, equipment and planning.
Kaizen Enterprises
Founded in: 2012
Franchising since: 2012
Franchise units: 2
Initial investment: From Rs 0.1 Lakhs
Royalty Fees: 40%
Kaizen Enterprises are looking for distributors and resellers across India for our imported top-class Tyre sealant "Puncture free wheelz". If you are looking to start an innovative low initial investment business with no competition then your search ends here. This franchise model can help you reap great rewards for your investment, become franchisee now! The franchise benefits are marketing support, advertisement assistance, continuous ongoing assistance, established brand name & logo, great returns on investment, a proven business model for success.
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Italiano Tires LLP
Founded in: 2017
Franchising since: 2018
Franchise units: Less than 10
Initial investment: From Rs 0.5 Lakhs
Italiano Tires LLP is a prominent tire dealer in Delhi. The company deals in a wide range of tires at premium quality at competitive prices as compared to the market prices.
Manoj Tyres
Founded in: 2011
Franchising since: 2012
Franchise units: Less than 10
Initial investment: From Rs 5 Lakhs
Royalty Fees: Rs 0.2 Lakhs
We provide all kinds of truck, bus and car's tires of all major domestic brands of India basically JK tyres at nominal pricing, apart from that we deal in imported tires also such as YB866 IN TBR segment & other Zeta in PCR segment.
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