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- CertifiedCNG to broaden its network in Mumbai
Reckoned as fastest growing retail chain for CNG conversions, CertifiedCNG, is eyeing the franchise route for further expansion across India. The company is now planning to open 40 CertifiedCNG retail stores and 15 CertifiedCARCARE workshops in Mumbai this year. For taking the brand’s franchise, a prospective franchisee is required to invest a minimum of Rs 20 lakh and needs an area of 200 – 300 sq. ft. The expected RoI is 90 per cent plus with break-even of one year.
Monish K Khosla, CEO and Founder, CertifiedCNG, said: “CertifiedCNG has increased the use of CNG in private cars and reinvented the CNG buying experience for Indian consumers. The CNG car market in Mumbai has grown four times in the last 18 months and 16 times in the last six years. With CertifiedCNG, a prospective franchisee will experience the best of both the worlds, the support of an organisation and satisfaction of operating your very own CNG conversion business. As a CertifiedCNG franchisee, you will be a trusted household name the day you open your doors for business. CNG is the fuel of the next century. Every CertifiedCNG car on the road pollutes 70 per cent less than a petrol car.”
At the CertifiedCNG training centre in the corporate office, prospective franchisees will receive an introduction to CertifiedCNG. Training, coordination and field support will also be provided. The franchise and real estate staff works with franchise owners to identify expansion opportunities and offers guidance during the site selection process. Construction and project managers provide shop design assistance and prototypical floor plans.