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3M INDIA LTD Business Details

 
 
Garments Manufacturers
No. of Franchise Outlets : 10
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Hello!
Happy to see your interest in the 3M Car Care Franchise, a franchise that is going to change the way India keeps its cars.

An already matured and evolved business in the USA, Europe and Australia, this is known as “CAR DETAILING”. After extensive market research that started in 2005, 3M is confident that “Car Detailing” is the next big thing to happen in automotive space in India

…let us step back for a moment and think - have we not often wished our car upholstery and interiors could look and feel fresh again. Or maybe get those stubborn scratches on the car surface removed and car body made to look like a 2 month old beauty again. Yes, we all have at some point of time thought that way.

However, we rarely find an authentic place for getting our car care needs addressed. 3M India Ltd. sees this as a big opportunity in the ever growing Indian car market. 3M is now entering the car care business through a nation wide network of franchisee run stores. These stores would address most car related needs of a car owner.

Do click on the Face book link below to get more information about what 3M is doing in this business.
 
3M INDIA LTD Investment Details
Date Commenced Operations : 1988
Date Commenced Frachising / Distribution : 2010
    Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Country Wise Rs. 30lac - Rs. 50lac   10%  
Master / Multi Units
Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
City Wise Rs. 30lac - Rs. 50lac     10%
    What areas are available for Unit franchise? International Nationwide
    Where are you looking for expansion ?
North West East South Center Union Territories
New Delhi Gujarat West Bengal Kerala   Pondicherry
Haryana Rajasthan   Karnataka   Chandigarh
Punjab Maharashtra   Tamil Nadu    
Uttar Pardesh Goa   Andhra Pardesh    
How much working capital is required in franchise addition to this
Is there exclusive territorial rights given to a unit franchise? : No
Are any performance guaranteesbgiven to unit franchisees? : No
What is the anticipated percentage return on investment? : 25% - 40%
What is the likely pay back period of capital for a unit franchise? : 2.5 - 3 Yrs
Are there other investment requirements?  
3M INDIA LTD Property Details
What type of property is required for this franchise opportunity? : No
Floor area requirement : No
Preferred location of unit franchised outlet:? 2000 sqft plus . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:?  
3M INDIA LTD Training Details
Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? : Bangalore
Is field assistance available for franchisees? : Yes
Will someone from Head Office assist me when I open my franchise? : Yes
What IT systems do you presently have that will be included in the franchise? : Yes
3M INDIA LTD Other Details
o you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : 5
Is the term renewable? : Yes
 
 
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