Eurogrip Tyres (TVS Srichakra Limited), the flagship brand of 2-wheeler and 3-wheeler tyre manufacturer TVS Srichakra Ltd. has forayed into branded retail franchise to deliver a seamless, high-quality retail experience for customers. These one-stop solution stores address all aspects of tyre care, allied services, and 2-wheeler riders’ requirements.
The stores feature the complete range of Eurogrip Tyres' products from superbike tyres to 2-wheeler radials to motorcycle and scooter tyres and tubes, along with allied products like lubricants, batteries, riding gear (helmets, knee protectors, jackets, and gloves).
Each facility offers tyre fitment, wheel balancing, tyre care and puncture repair services, air pressure checks and filling, lubricant/engine oil changes, and warranty services.
For customers, it is a one-stop shop to meet all riding requirements. For franchises, it is an opportunity to be part of a new-age retail business that brings the latest trends in international retail to the Indian tyre category, offering a fantastic experience for bikers.
Operations Commenced On 1986
Franchise Commenced On 2024
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 000
Royalty/Commission 00 %
City Wise
Investment INR 5lakh - 10lakh
Anticipated percentage return on investment 30 %
Likely pay back period of capital for a Unit Franchise 2-3 Years
- NA -
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
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- NA -
Pondicherry
Type of property required for this franchise opportunity Commercial
Floor area requirement 250 - 800 Sq.ft
Preferred location of unit franchise outlet Main road
Detailed operating manuals for franchisees Yes
Franchisee training location On Site
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 4 Years
Is the term renewable? Yes
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