Tirex franchise is one of the best EV charger Franchises in India. We will discuss Tirex Franchise Cost, Profit, Review, and How to Start the franchise.
Tirex has a complete range of Fast & Slow (sleek, fast, and reliable) Electric Vehicle Chargers for Two-wheelers, Three Wheelers, Four Wheelers, Commercial & Passengers Buses, Trucks.
Starting in 2017, The franchise has 100+ exclusive outlets in India. You can directly enroll for the Tirex Franchise by filling up the form on their website or the form given below on this website.
Table of Contents
Tirex Franchise Cost
- Tirex Franchise Cost ₹10,00,000 Rupees to ₹20,00,000 Rupees as an initial investment.
- Franchise Fee is 2,00,000 Rupees charged by the brand
- The minimum area required is 300 Square Feets.
- Other Investments include Branding, Store Setup and Interior Cost
- The Agreement will be for 5 Years, which will be renewed for free if everything goes good
- No Royalty will be charged on Sales.
- The expected Return on Investment is 1.5 Years.
Tirex Franchise Profit
We will analyze the Tirex Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 6,00,000 Rupees i.e. 20,000 Rupees per day.
|Gross Sales||6,00,000 Rupees|
|Material Cost @60% (inc.GST)||(3,60,000) Rupees|
|Electricity and Water Supply||(8,000) Rupees|
|Salary of Workers and their Expenses||(20,000) Rupees|
|Other expenses||(7,000) Rupees|
|Net Profit||1,70,000 Rupees|
We can conclude that the Profit Margin of the Tirex Franchise is 28% for the Sales of 6,00,000 Rupees. The outlet may have less profits in the initial days but the store will gain high popularity eventually and will have great demand in the market.
After good Local Marketing and Branding, the Sales will increase to 9 Lakh Rupees per month and the profit margin will be 35% on Sales or 3,15,000 Rupees as profit.
Location is crucial in determining a franchise’s success rate along with product quality and service.
The location should have a very high footfall. It should be in the main market of that area. A corner outlet is the most preferable option.
You can open the outlet nearby colleges, corporates, or any place where young people love to have EV Chargers.
How to get Tirex Franchise?
To get the Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.
Thanks for reading the blog, If you have any queries regarding the franchise then you can ask me in the comment box or on my
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