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Myles Franchise Overview
Myles is India's premier self-drive car rental service, revolutionizing the way people use cars. The company is already present across 21 cities with more than 250 convenient pick-up locations and offers a diverse fleet of over 38 car models, ranging from economical cars like the Mahindra e2o to luxury options like Mercedes. As demand for self-drive services grows, Myles aims to expand further, creating a nationwide network of 50,000 cars across 50 cities with over 5,000 locations in the coming years.
Key Features of Myles Franchise:
Myles presents an exciting franchise opportunity with a low initial investment and high growth potential. The company’s innovative business model and rapid expansion plans make it an attractive option for entrepreneurs interested in the self-drive car rental industry. With a focus on technology, convenience, and flexibility, Myles is set to transform urban mobility in India.
Operations Commenced On 2013
Franchise Commenced On 2013
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 000
Anticipated percentage return on investment 25 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Other investment requirements -
Delhi, Haryana, Uttar Pradesh
Karnataka, Tamil Nadu, Telangana
- NA -
Rajasthan, Maharashtra
- NA -
Chandigarh
Floor area requirement 100 - 200 Sq.ft
Preferred location of unit franchise outlet -
Detailed operating manuals for franchisees Yes
Franchisee training location Head Office
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? 3 Years
Is the term renewable? Yes
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