Bajaj is a highly established prestigious two wheeler brand in India. The brand that has been in existence for many decades now is considered highly competitive and reliable. The Pulsar and Discover model bikes of Bajaj have swept the market with such high tide there are no equivalent bikes till date.
Creating a record in bike sales by selling over 10 Lakhs within a short span of 15 months it has received many awards. The 250 cc Kawasaki Ninja bikes released sometime back has caused a huge revolution in the two wheeler industry. If you are the one who is fascinated with two and would go in for a Franchise if finance help is available, you are the right fit to start a Bajaj Franchise
How beneficial it is to become a Bajaj Franchise
With all the above said and done, it is absolutely clear that becoming a Bajaj Franchisee is one of the best profitable business deals one can aspire for. Be it the brand name that has been well established over the past few decades or the high quality two wheelers it has offered to the society, becoming a Bajaj Franchise is a sure shot success formula.
As a Franchisee, one need not invest time energy and finance in branding or advertising activities since Bajaj is already a well established brand. The perfect service provided by them has already established them as an excellent service provider too. Owing to this very minimal or zero efforts are required in the service arena also. The highly economical cost to become a Franchisee encourages and urges many to become a profitable Bajaj Franchise.
Investment and Return on investment
To become a Bajaj Franchise the basic investment to be done is about 40 to 50 Lakhs and this covers spare parts and interiors. If the area you want to take Franchise has the sales potential of 200 bikes right from the starting month, the initial amount to be paid will be 90 Lakhs to 1.4 Crores for starting a Franchise.
If you have a floor space of 3000 Sq. Ft. to 4000 Sq Ft. ready, with the initial amount to be paid, you can apply for a Bajaj Franchisee right away initiating the application process. Apart from the amount indicated above, Bajaj does not claim for any other deposits. One condition that Bajaj insists to safeguard sales and avoiding cross selling clashes between Franchisees is that any new Franchise started must be distanced away from the existing one.
Bajaj provides complete end to end training to the Franchise staff on product features and its sales processes. When it comes to the showroom aspect Bajaj offers all kinds of support pertaining to the interior, layout and design of the showroom. It also provides complete guidance to the Franchise pertaining to corporate norms to be followed by them.
Any business will require some breathing time to reap return on investment done in the business. A person investing in Bajaj Franchise can expect to reap benefits and expect back return on investment in a very quick manner. The expected return on investment is around 18% to 24% every year and this includes various aspects like Spare parts sales, Workshop revenue and direct vehicle sales.
How to apply for Bajaj Franchise
Application Form to apply for the Bajaj Franchise is available in their website.
http://www.bajajauto.com/dealerLocaterForm.asp
http://www.bajajauto.com/dealerContact.asp
Provide all pertinent details asked for and submit the application online. If your application is selected, you will be called for direct discussions. Go in for the much coveted Bajaj dealership and march forward towards success. Become one of the most preferred Bajaj Franchise in India. π
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