MRF is the clear leader on Indian roads, whether it is due to the prolonged life of its Tyres or the fact that it operates on poorly maintained roads. The brand has such great economics and performance that it is barely affected by competition. MRF Tyres has an extraordinarily great track record in both performance and business, and it set the bar for company Tyres in India for many years. Due to the brand’s attributes, which speak volumes about its performance and quality, it is without a doubt an exceptional brand. This is a crucial selling point for MRF Tyre franchisees who are confident in their capacity to expand their businesses. Check the requirements, costs, and how to start an MRF Tyre Franchise/Dealership in this blog.
MRF Tyre Dealership 2024
Tyre franchises offer several benefits. By providing them with support, technology, and training, they assist their partners in creating and maintaining dealerships. By providing them with training, support, and technological assistance, MRF dealerships also aid in the development and upkeep of dealerships. An Indian multinational corporation known as Madras Rubber Factory (MRF) is the fifteenth largest producer of Tyres overall and the largest maker of premium Tyres in the world. Continue reading if you want to learn more about MRF Tyres dealership costs and the online application/registration process.
Key Highlights of MRF Tyres Franchise 2024
| Company’s Name |
MRF (Madras Rubber Factory) |
| About Dealership | The brand has such great economics and performance that it is barely affected by competition. |
| Qualifications | Read below to know about Qualifications in detail |
| Space Requirement | 4,000 square feet total |
| Application Process | (Mentioned Below) |
| Total Expenditure | 1,80,000 Rs. |
| Net Profit Per Month | 3,80,000 Rs. |
| Official Website | https://www.mrftyres.com/ |
Eligibility
If you wish to create a franchise and business for MRF Tyres, the MRF Tyre dealership is an excellent place to start. You may learn how to apply for an MRF Tyre dealership, what paperwork you’ll need, and much more from this post.
- The candidate must be over 21.
- The candidate must have completed the tenth grade.
- There shouldn’t be any criminal inquiries focusing on the candidate.
- Must be knowledgeable about the tire industry.
Space Requirements And Financial Resources
The MRF Tyres franchise cost to create a dealership is approximately 10 lakhs, while the largest investment, primarily for equipment and machinery, will be around 23 lakhs. MRF recommends a built-in space of 370 square meters, or 4000 square feet total.
Thorough training and follow-up sessions will be periodically offered to guarantee the franchise’s success. According to the company’s official website, owning an MRF Tyre franchise will also result in a profit. The franchisee is the center of MRF’s attention not only during the start-up phase but also during the maintenance phase, or at the very least until they achieve the minimal breakeven point, according to the business.
Important Documents: PAN Card, Aadhaar Card, Voter Card, Certificate of Qualification, Electricity Bill, or Ration Card, A/C Currently in Use and Canceled Checks, Sale Deed or Shop Contract, Leasing Agreement, Business NOC Documents: Trade Licence for Outlets, GST Identity Number, Financial Records.
Procedure to Apply for an MRF Tyre Dealership Online
- To contact MRF Tyre executives about requesting an MRF franchise and an MRF dealership, fill out the contact form on the company’s website.
- To apply, go to the designated website or simply click this link: https://www.mrftyres.com/
- On the MRF website’s Business Opportunities section, prospective franchisees must submit crucial personal and professional data.
- The potential dealership is contacted for a personal interview if the MRF Tyre franchise application form is selected for further examination.
- Through their contact office in Chennai, it is also possible to get in touch directly with MRF dealerships.
The MRF Tyre Dealership’s Earnings and Margin Share
The total amount of sales, as well as the MRF Tyre franchise profit margin, will decide your profits and margin. You can increase the company’s profit if you produce enough sales. The range of 5% to 7% and even 8% is common, however, it depends on how you deal with them. As a result, the company offers a range of profits, and when you visit the dealership, it will go over the profits and margins with you. MRF is one of the most recognizable tire brands in India. Even though MRF is used in the majority of Indian automobiles, the brand has won millions of consumers’ steadfast trust.
| MRF Tyre Dealership Margin | 7% to 12% |
MRF Tyres Manufacturing Plant Name and Address
- Kottayam Plant in Kerala
- Puducherry Plant
- Goa Plant
- Trichy Radial Plant in Perambalur District, Tamil Nadu
- Trichy Bias Plant in Perambalur District, Tamil Nadu
- Arakonam Plant in Tamil Nadu
- Tiruvottiyur Plant in Chennai, Tamil Nadu
- Medak Plant in Telangana
- Ankenpally Plant in Telangana
- Dahej Plant in Gujarat
MRF Tyre Franchise Cost in India
| Expenditure | Amount |
| Space Rent | (Godown + Office space) 1,00,000/- |
| Manpower (4 Nos) | 50,000/- |
| Electricity | 20,000/- |
| Other Costs | 10,000/- |
| Total Expenses | 1,80,000/- |
MRF Tyres Dealership Contact Number
| Customer Care Number |
+914428292777 |
| Contact Number | https://www.mrftyres.com/contact-us |
| Headquarters | Chennai, Tamil Nadu, India |
| writer@mrfmail.com | |
| Complaint Email ID Support | mrfshare@mrfmail.com |
| MRF Ltd (Registered Office) | No 114, Greams Rd, Thousand Lights West, Thousand Lights, Chennai, Tamil Nadu 600006 |