Amigo Auto Spa Debuts in Franchise 100 List
Amigo Auto Spa has made its debut in the Franchise 100 list 2020 recently published by The Franchising World magazine. The brands scored impressively on over 45 parameters to identify the high growth and franchise-friendly opportunities across the sectors; it is featured in the debutant list of Franchise 100.
In a market with scores of international brands offering exclusive car detailing services at exorbitant prices, Hyderabad-based Amigo Auto Spa has carved a niche for itself.
Launched in 2015, the company offers quality services – clean, shine and protect – at affordable prices targeted at the average Indian consumer. The brand offers many services seen for the first time in India, including laparoscopic AC condenser cleaning without opening the dashboard of a vehicle.
The brand is also the first in India to use nano-technology in their polymer-based ceramic coating and offers anti-germ protective coating to vehicles. With its unique offerings and business model, the company has aggressive plans to expand pan-India. “We started franchising in 2018 to expand our operations and currently have four franchised outlets in Hyderabad. We now intend to establish our brand across all the cities and provide quality services at affordable prices,” says MS Dhheeraj, CEO, Amigo Auto Spa.
Amigo Auto Spa targets high footfall locations such as shopping mall, gated communities and commercial hubs to reduce customer acquisition prices. The brand intends franchisees to target potential customers at places of leisure to provide convenience and drive-up business. The brand provides franchisees continuous support on all counts, starting from trained manpower to company supervisors at franchise locations. Franchisees receive lead generation support from the Amigo Auto Spa mobile application, accounting support, marketing support through social media, SEO, and local advertising.
The company operates on a FOFO model with investment starting from Rs 18-50 lakhs for an outlet of 600-2,500 sq. feet. The brand charges an initial franchise fee of Rs 5 lakhs, followed by royalty of 10%. The expected breakeven period for a franchise outlet varies between 18-24 months. For the year 2020, Amigo Auto Spa is targeting markets in Telangana and Andhra Pradesh for further franchise expansion.
The Franchising World, India’s no.1 franchising magazine, identifies the Top-100 franchise brands and celebrates their achievements every year in its anniversary issue. The issue highlights the established and emerging Indian and global brands that are increasing their positioning in India along with the new-age brands that are lucrative and profitable, expanding fast and can act as a reference guide for budding entrepreneurs and investors across India.
Franchise 100 is the one-stop destination to know everything about the franchise industry and the leading brands, which investors and prospective franchisees can consider to start their entrepreneurship journey.