CEAT is one of India’s leading tyre manufacturers, with annual turnover of Rs 2,500crores. CEAT is the leading exporter of tyres from India with presence in more than 100 countries. CEAT has the widest range of tyres in all categories.
CEAT has won an award for the Best Innovative Franchisee Model which has been declared by Franchising Association of India, for introducing Nitrogen Inflation Technology at Shoppes for the year 07-08. 12 Companies were selected out of 450 nominations, for the honor.
| Date Commenced Operations | : | 1986 |
| Date Commenced Frachising / Distribution | : | 2006 |
| Are you looking for Franchise? | |||||||||||||||||||||||||||
| Unit | |||||||||||||||||||||||||||
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| Master / Multi Units | |||||||||||||||||||||||||||
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| Are you looking for Trade Partners (Dealers, Distributors, MBOs, Retailers)? | |||||||||||||||||||||||||||
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| What areas are available for Unit franchise? | : | Nationwide | |||||||||||||||||||||||||
| Where are you looking for expansion? | |||||||||||||||||||||||||||
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| How much working capital is required in franchise addition to this | : | 200000 | |||||||||||||||||||||||||
| Is there exclusive territorial rights given to a unit franchise? |
: | No | |||||||||||||||||||||||||
| Are any performance guarantees given to unit franchisees? |
: | No | |||||||||||||||||||||||||
| What is the anticipated percentage return on investment? | : | 35 | |||||||||||||||||||||||||
| What is the likely pay back period of capital for a unit franchise? | : | 3 | |||||||||||||||||||||||||
| Are there other investment requirements? |
: | 0 | |||||||||||||||||||||||||
| What type of property is required for this franchise opportunity? | : | Owned/Rental |
| Floor area requirement | : | 750 |
| Preferred location of unit franchised outlet:? | : | Main roads |
| Do you currently have detailed Operating Manuals for franchisees? | : | Yes |
| Where is the franchisee training done? | : | |
| 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? | : |
| Do you have a standard Franchise Agreement? | : | Yes |
| How long is the franchise term for? | : | 10 |
| Is the term renewable? | : | Yes |