If you share a love for cars and want to invest in a car company and become the owner of a car franchise, then this is the right place for you.
In today’s times, cars are one of the most common and most used means of transport. People used them to go to the office, to buy groceries, to the gym, to attend functions and sometimes people go on road trips in a car. It does not mean that only people who own cars use them. People also make the use of cars in the form of cabs to go from one place to another. And in India, one cannot talk about cars without mentioning the most popular automobile company in the country – Maruti Suzuki.
Maruti Suzuki is one of the trusted automobile companies in India. The company has achieved this by serving the citizens of India with reliable and sustainable cars at affordable prices for decades. The company’s high-quality customer service has also helped the company in building a huge and loyal customer base in the country. In the cut-throat competition that exists today in the automobile industry, Maruti Suzuki is not only surviving but impressively thriving.
Maruti Suzuki Franchise in India
If a person wants to invest in an automobile company, Maruti Suzuki is a great option. There are a lot of benefits associated with investing in a company like Maruti Suzuki and becoming the owner of a Maruti Suzuki franchise. The first and the most obvious advantage that a franchisee gets from owning a Maruti Suzuki franchise is the brand image that the company brings to the table which helps tremendously in the sales and also in bringing in revenue for the franchisee.
The company also helps the franchisee in setting up the outlet and puts him or her through a training program so that the individual can learn the ropes of the business and be fully equipped to run the outlet and earn profits.
Dealership Types
There is no one type of franchise or dealership that is offered by Maruti Suzuki to the public. The company has options apart from the main Maruti Suzuki commercial vehicle dealership like the Maruti Suzuki service center dealership. The company also provides an opportunity for people to invest in the company and become the owner of a Maruti Suzuki spare parts dealership.
Maruti Suzuki Dealership Requirements
As is the case with any company franchise, an individual has to fulfill certain requirements in order to become the owner of a Maruti Suzuki franchise. The first requirement is regarding the size or area of the outlet. A sufficient area is needed for the outlet so that there is enough room for the equipment and for the workers to walk around comfortably to perform their duties. The area required by a franchisee to open up a Maruti Suzuki franchise comes to around 4,000 square feet.
There are some other requirements that an individual has to fulfill to acquire the Maruti Suzuki commercial vehicle dealership. The individual has to show his or her innovation skills in the business. The individual also has to put his or her focus on providing the highest quality of customer service to its customers.
Maruti Suzuki Franchise Cost in India
One of the most important factors that a potential investor takes into consideration while making the decision as to whether to invest in a company or not is the cost of investment that will be incurred by him or her. In the case of a Maruti Suzuki dealership, the amount of money that an investor needs to put up in order to cover the Maruti Suzuki franchise cost in India comes to around 30 to 50 lakh rupees. The amount can vary depending on the location of the store.
Profit Margin
When a company is as popular as Maruti Suzuki is in India, the owner of its franchise is bound to make some significant profits. The profit margin on Maruti Suzuki cars like Swift, Vitara Brezza and Swift Dezire is calculated to be around 8 to 8.5 percent.
How to get Maruti Suzuki Dealership?
There are a number of steps that an individual has to go through in order to acquire a Maruti Suzuki service center dealership. The steps for getting a dealership of Maruti Suzuki are listed below:
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The first thing that an individual has to do is to visit the company’s official website.
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Upon reaching there, he or she has to go to the ‘Dealer Requirement’ option and download the Maruti Suzuki dealership application form online.
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Then, the individual has to fill up the application form. There will be certain personal and professional details that an individual has to fill in the Maruti Suzuki dealership application form online.
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The individual also has to attach a list of documents along with the application form before submitting it. These documents include the Balance Sheet of the previous 3 years, 4 to 6 pictures of the building and location of the store, the income tax return of the previous 3 years, latest CIBIL report, information about the directors, etc.
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The individual also has to send a demand draft of 1 lakh rupees as a deposit to the company after the application approval.
Maruti Suzuki Dealership Inquiry
If a person has any inquiry or a problem and wants to get in touch with the support staff of Maruti Suzuki to get their inquiries or problems answered, they can make use of the following information:
Dealer Development Department, Maruti Suzuki India Limited,
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More About the Company
Maruti Suzuki India Limited, which was previously known as Maruti Udyog Limited, is an automobile manufacturing company that makes and sells cars and motorcycles their body parts in India. Suzuki Motor Corporation, which is a Japanese automobile company, owns 56.21 percent of Maruti Suzuki. As of July of 2018, the share covered by Maruti Suzuki in the passenger car market comes to around 53 percent, which is nothing short of remarkable considering the number of car companies there are, competing for the top spot in India. The company has its headquarters in the national capital of the nation – New Delhi. Maruti Suzuki has a wide variety of cars that it offers for sale to the public like Swift Dezire, Swift Celerio, Ertiga, Ciaz, Omni, Baleno, S-Cross, Vitara Brezza, Alto K10, Wagon R, Swift and Alto 800.
It was the Government of India who founded the Maruti Udyog Limited in the year 1981. Just a year later in 1982, the company was merged with the Japanese automobile manufacturer Suzuki. It was in the same year that the first manufacturing plant of Maruti Suzuki was established in the city of Gurugram, Haryana. Today, the company has three manufacturing facilities in the country. These facilities are in Haryana, Manesar and Gujarat. The combined manufacturing of these three manufacturing plants in a year is to be around 17 lakh vehicles.
But Maruti Suzuki is not only involved in making and selling cars in India. It performs a wide variety of functions for its customers. Vehicle insurance, automobile financing, Maruti driving schools, Maruti Auto Card, car accessories are some of the many facilities provided by the company to satisfy its customers.
Maruti Suzuki has an extensive presence in the country as the company has approximately 3598 sales outlets in around 1,861 cities in India. In the year 2015, the company achieved the milestone of making its fifteenth million vehicles, which was a Maruti Suzuki Swift Dezire. There is also no dearth of Maruti Suzuki service stations in India as the company has 3,792 service stations that are spread across 1,861 cities of the country.
FAQs Regarding Maruti Suzuki Franchise
The profit margin for car dealers in India usually ranges from 2.5 to 3.5 percent.
It usually costs around 50 lakh rupees to set up a car showroom in India.
There are a certain number of steps that an individual has to follow in order to acquire a Maruti Suzuki Nexa dealership. The first thing to do is to visit the company’s official website and download the Maruti Suzuki dealership application form online. Then, the form needs to be filled with certain details. A list of documents also has to be attached by the candidate along with the application form.
Yes, the car dealership is a profitable business in India. The profit margin ranges from 2.5 to 3.5 percent.
Maruti Suzuki is one of the biggest and the most popular car companies in India. There is no better investment option in the automobile sector than Maruti Suzuki. The company is so big that, as of July, it has managed to capture around 53 percent of the entire passenger car market in India.
Maruti Suzuki has been producing a wide range of cars for many years. Some of these include Alto, Omni, Ertiga, Baleno, Swift, Swift Dezire, S-Cross, Wagon R, Vitara Brezza and Swift Celerio.
The needed by an investor in order to open a Maruti Suzuki Dealership store comes to around 4000 square feet.
If you are considering investing in a Maruti Suzuki dealership and have been wondering about the kind of profit margin available, the estimated range is around 5.7%.
The Nexa franchise, which typically performs the best in two-tier cities, requires an investment of roughly around 2.5 to 3 crore. This is typically the standard investment you have to make for almost every Maruti Suzuki car franchise.
When it comes to the biggest Maruti dealer in India, it has to be Varun Motors. They have a presence pan India and are quite reliable too.
Final Words
Maruti Suzuki holds the title for one of the most prestigious and trusted automobile brands in India. And that title is not going away anytime soon. Even the Trust Research Advisory, which is a brand analytics company, made a report in 2019 that was titled ‘The Brand Trust Report’. According to this report, Maruti Suzuki ranks ninth on the list of most trusted brands in the country in the year 2019. The company also wants to achieve the goal of opening 4,000 sales outlets by the year 2020. All these statements are enough to show that it is a great idea to invest in Maruti Suzuki. So, if you have money and are looking to invest in an automobile company in India, Maruti Suzuki is as good as it comes.
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