AUTO KADA Franchise - Truck Parts Stores

AUTO KADA franchise opportunities in northern europe

AUTO KADA SIA is a privately owned wholesaler and retailer of spare parts for trucks, trailers and buses.

The company was founded in 1995 and is based in Riga, Latvia.

With more than 35 stores and franchises operating in 5 Nordic and Baltic countries, it is one of the leaders in aftermarket sales of truck spare parts in Northern Europe.

The brand was recognised as the leader in distributing truck spare parts in Latvia and behind its borders. The main strenghs of the chain are professional team and full range of products available at Eastern European prices.

AUTO KADA franchise is an excellent choice for:

1. people who are ready to start their first own business after spending the years as employees in automotive field
2. entreprenuers, who wants to differentiate their current business portfolio

With AUTO KADA extensive experience in the spare part business, premium brands and support provided, every AUTO KADA franchise is a real success story.

How to open the AUTO KADA franchise?

1. Evaluate your prior experience and strengths
   You should thoroughly evaluate your prior business experience, your contacts in truck spare part business, before applying to become AUTO KADA franchise owner.
2. Assess market potential in your area
   You will want to look at the market availability (number of trucking companies, workshops)  for the AUTO KADA franchise in your area, before proceeding with the application.
3. Ensure you have adequate capitalization
   In order to open the AUTO KADA spare part store, you must have liquid capital of as little as 20,000EUR. Remaining investement up until 500,000EUR per store is to be covered by AUTO KADA.
4. Present your team
   To qualify for the AUTO KADA franchise, you must have at least 1 team member with >5 year experience in selling of truck, trailer or bus spare parts.
5. Submit your application
   Short description of your personal or your company's background in automotive industry is required. Your application will be reviewed by the AUTO KADA management team.

How much does the AUTO KADA franchise cost?

Liquid cash requirement for franchise taker is 20,000 EUR.

Liquid cash requirements: 20,000 EUR
Average turnover per month: >100,000 EUR
Payback period: 3-6 months
Royalties: N/A
Franchise fees: N/A
Other current payments: N/A

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AUTO KADA Franchise Characteristics

• Financing assistance: Financing from AUTO KADA side 300,000 - 500,000 EUR.
• Training provided: On-The-Job Training 100-160 hours.
• Number of Employees required for running the store: 3-10.

Additional information on AUTO KADA: www.autokada.eu