Toyota is one of the most reputed car brands in India with offering of more than 50+ car models . The company holds its branches all over India and with a international reputation the company holds its base all over the World , with more than 100 branches. Toyota offers its Toyota franchise model to some selective locations for the interested candidates to apply for its distributorship.
While there is no difference in the company spare parts unit and the main showroom or dealership unit , Toyota at different intervals issues guidelines for offering franchise unit opportunities to open in different locations. Currently , Toyota is offering a franchise car showroom dealership offer of multiple locations as provided on https://www.toyotabharat.com/become-dealer/ .
Toyota Franchise in India
The Toyota car franchise model is suitable for those who want to invest into the auto industry and make lucrative profits from the toyota car industry . The company objective is to setup their franchise units all over India with reputed personalities and offer them an advantage to start their auto business from the premium locations .
The Toyota franchise models can vary as per requirement of the company and the offer made to the investor for :
- Opening a car showroom .
- Opening a Car distribution outlet .
- Opening a Toyota Spare part distribution unit .
- Opening a Toyota Spare part warehouse.
- Opening a full fledge Toyota Service Point .
The company holds its base from Aichi, Japan and is now producer of more than 10 million vehicles per year.
Cost and Investment to make in Toyota Franchise in India
In Toyota franchise , the entire unit is can be managed from a single owner or can be separately managed into distinct services . The minimum expectation based on the electric vehcile investment , the showroom or dealership unit investment and the interiors along with the basic franchise cost can cost somewhere around Rs 5 crore to 10 crore to an investor.
Opening a Toyota franchise is a great opportunity for those who want to earn decent income from the company , by selling company products , cars , SUVs, commercial vehicles , spare parts and services.
The investment of the applicant will be made in :
- Land lease or purchase
- Interior Setup
- Security fee
- Stock
- Staff Salary
- Machinery and Spare.
Profit and Return on Investment from Toyota Franchise
With Toyota franchise , the minimum profit that can be expected in a year can be upto 35 to 45% based on the services provided and the product sold in the year. The EAIT (Earnings after interest and taxes ) could rise for the dealer year by year based on the popularity of the franchise and demand of the vehicle in the particular location .
For return on investment , the investment made in the business can be regenerated within the period of 3 to 4 years by the applicant .
Toyota Dealership Expenses and Staff
With investment in the basic spare parts , oiling , machinery and stock some additional reserves are also to be created or the security requirements as per the company guidelines are to be fulfilled .
The expenses of the dealer for managing the franchise would include :
- Monthly or quarterly purchase of Spare parts.
- Oils from the company
- Staff Salaries.
- Agent commissions .
- Maintenance cost .
- Sanitation and basic services .
This would additionally required 1 crore investment from the franchise owner annually .
Toyota Franchise Requirement
The Toyota franchise unit is offered for particular locations to a dealer based on the queries received by the company on their official website . Currently the company is asking for outlets and showrooms or franchise unit of the company at the following locations :
- Jammu
- Hubballi
- Belagavi
- Mysuru
- Mangaluru
For service partners , the company is looking for applications for investors from :
- Kodaikanal
- Kallakurichi Taluk
- Alathur
- Mallapaly Taluk
Other locations for toyota service partner franchise can be checked at https://www.toyotabharat.com/documents/become-dealer/pro-service-location.pdf.
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Toyota Dealership Application Process
To become a Toyota Franchise owner or to open a Toyota dealership outlet , you can follow the below application process :
- Go to the official Toyota franchise application form page . https://www.toyotabharat.com/dealer-application/
- Fill in Section A1 , A2, A3 with details of applicant .
- Fill in requirement for dealership in Section B .
- Complete the form filling details in Section C .
On receipt of inquiry for franchise , the application would be undertaken by the company expert and toyota franchise unit will contact you for further process with the physical visit.
Application of Toyota Pro Service Partner can be made in the following way :
Interested candidates can download the application from Link -> Online Pro Service Application Form
- Candidates to e-mail duly filled application form to official Toyota Mail – toyotaproservice@toyota-kirloskar.co.in
It is essential to fill the information correctly in order to further process the application for franchise. In case the turnover or the investment information or any other information is incorrectly filled or mis information is provided the company can take legal action for mis reporting after obtaining the franchise.
Documents required for Toyota Franchise in India
There is minimum documentation requirement from the company for application of the Toyota franchise including :
- KYC Documents of applicant .
- Details of company or firm registration .
- Legal documents of location and property .
- Bank account details and statement .
- Income proof.
- NOC from Government departments for clearance of land .
- Address Proof of applicant.
Becoming Toyota Genuine Spare Part Supplier
Under the franchise application with payment of Toyota franchise cost or the toyota dealership cost , payment for genuine spares are also to be made timely for holding the stock of spares.
The company also offers a separate dealership for holding a service center for repair of vehicles and also spares center . To apply for the PRO Service Partner franchise of Toyota , application form can be filed also there at toyotaproservice@toyota-kirloskar.co.in.
Video Tutorial for Management of Toyota Franchise in India
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Conclusion
Toyota automotive franchise is a great opportunity to start business in India within an investment of Rs 5 crore to 15 crore . Also , application for Toyota franchise can be done online by filling the application form provided at the company website. While , it is on the discretion of the company to permit the franchise to the applicant or not.