How to Apply for JK Tyre Franchise 2024 Online & Investment Cost?

JK Tyre is a leading tire manufacturer in India. JK Tyre is a part of the JK Organisation which was established in 1974. It has a comprehensive range of products and a presence in over 100 countries. It produces tires for buses, cars, trucks, and off-road tires. There are 12 manufacturing plans operated by companies across India and Mexico with a production capacity of 35 million tires annually. It has its own research and development center to be ahead in the innovation.

Now the company is offering its JK Tyre Franchise. If you are looking to open a franchise then you can consider this company. Here is an application method:

  1. In the first step, you have to research the company and its product to understand the market position.

  2. Before applying, ensure you meet the all criteria set by the JK Tyre such as capital requirement, location, etc.

  3. So, you have to visit the official website of JK Tyre and navigate the franchise section.

  4. Now you need to fill out the inquiry form for the dealership and you have to mention details in the inquiry form such as Name, Contact information, currency business (If any), proposed Location, investment capacity, etc.

  5. Then, click on the “Submit” button. The team of JK Tyre will contact you for the same purpose. Fixed a meeting with them and went ahead. Prepare yourself for the meeting where you can ask anything about business, your profit margin, investment, etc.

  6. After that, the JT Tyre Team will give you an application which is a franchise application form where you have to give information more straightforward. Questions will be like your experience in this industry, your business plan, financial status, etc.

  7. Finally, you have to sign the franchise agreement. Review the agreement thoroughly. Understand terms and conditions clearly.

After the agreement, the JK Tyre team will help you set up all things like store design, supply, and initial training.

What is the investment cost for the JK Tyre Franchise?

The investment cost is slightly different for all candidates because it depends on various factors such as location, outlet size, quantity, and additional services. Let’s understand investment cost -

Franchise Fee: JK Tyre demands INR 3 Lakh to INR 5 Lakh as a franchise fee. It will depend on the city and region.

Infrastructure and Setup Costs: It will cost you around INR 14 lakh to 20 lakh which includes interior design, initial inventory, signage, and setting up the entire outlet.

Working Capital: Day-to-day operation requires money called working capital. You need an additional 6 lakh to 10 lakh.

Other Costs: If you do marketing, promotion activities, miscellaneous expenses may need INR 2 lakh to INR 5 Lakh.

Total Investment - The JK Tyre franchise will cost you around Rs 25 lakh to Rs 40 Lakh.

Contact JK Tyre’s franchise development team if you have any questions regarding the franchise.