Business Categories
Automobile Spares / Tyre

Pikpart Spares Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    500 - 6000 Sq.ft
  • Investment Range
    INR 5 Lakh - 10 Lakh
  • No. Of Franchise Outlets
    200-500

About brand - Pikpart Spares

# Revolutionizing Automotive Aftermarket Industry

PIKPART revolutionizing the automotive aftermarket industry by building an O2O (online-to-offline) based tech-enabled garage network for existing Internal Combustion Engine (ICE) and Electric vehicles as well as preparing infrastructure to be future ready for all emerging market of CNG, hydrogen, and other upcoming technologies. Pikpart is expanding its global reach for spares in the automotive industry through its B2B and B2C e-commerce platform, with the goal of facilitating seamless transactions for all automotive stakeholders, including manufacturers, distributors, retailers, mechanics, and end users.

Pikpart, an esteemed venture of Ratnashil Online Services Private Limited is pioneering the O2O (online-to-offline) ecosystem in the automotive aftermarket industry. Through its online platform, Vehicle customers (Two wheeler and Four wheeler (P)) can easily book services, order spare parts, and schedule maintenance using a user-friendly application. On the offline side, these services are executed by a network of Pikpart’s garages, ensuring quality, transparency, and pocket friendly. This seamless integration guarantees a superior customer experience and sets PIKPART apart in the market.

Pikpart's ecosystem is built on five core verticals, each tailored to meet the diverse needs of the automotive industry

  1. Pikpart Smart Garages: Multi-brand service centres offer comprehensive maintenance and repairs for two and four-wheelers vehicle owners, featuring skilled technicians, advanced tools, modern infrastructure, and smart applications integrated with garages for top-notch service.
  2. Pikpart Spares: With a vast inventory of over 7000+ own-brand spare parts, Pikpart’s spares unique warranty-guarantee concept access to high-quality components for vehicle repairs and upgrades.
  3. Pikpart Electric: Pioneering the shift towards electric mobility, Pikpart's electric division provides sales and service support for electric two-wheelers and four-wheelers, including the establishment of charging stations and sales networks.
  4. Pikpart E-commerce: Through its E commerce platform, Pikpart facilitates seamless transactions for all automotive stakeholder including Manufacturer, Distributors, Retailers, mechanics and end users, means cater both B2B and B2C customers, ensuring convenience and efficiency in procurement and sales.
  5. Pikpart Application: Cater to the needs of both businesses and consumers and to make this O2O strategy works, Pikpart's 5 application, offers a user-friendly interface for accessing a range of automotive services and products, enhancing connectivity and customer experience.

A Resilient Journey in the Automotive Aftermarket Industry

Pikpart embarked on its journey in Year 2018 amid the competitive realm of the Indian Automotive Aftermarket Industry. While many start-up’s struggled despite significant funding, Pikpart stood out by prioritizing sustainable growth and operational efficiency. This strategic focus not only ensured its survival but propelled it towards profitability within just five years.

Spanning across 2 country, 24 states, Pikpart boasts a formidable presence with over 200+ garages and a vast 5000+ spare’s Retailer & Distributor network. These garages offer premium multi-brand services for both two-wheelers and four-wheelers, complemented by an extensive inventory of 7000+ SKUs of Pikpart's own brand spares.

While competitors grappled with financial constraints, Pikpart's bootstrap approach fostered agility, enabling it to adapt swiftly to market dynamics. Today, Pikpart stands tall as a reliable, customer-centric leader in the automotive aftermarket.

Vision

By 2028, The Company’s goal is to become a leader in the automobile aftermarket industry by creating a framework in which important stakeholders may conduct all business activities relevant to the industry. The company will grow its physical garage network footprint to over 10,000 sites, with a focus on boarding around 100,000 retailers, 500+ brands, and 10 million+ customers on its E-commerce Platform. Pikpart's own brand spares will be available in over 60,000 SKUs, achieving this objective. The ambitious strategy is meant to cater to the present and projected aftermarket service and spares requirements.

Our Product Usp’s

  • Premium & Transparent packaging
  • Cost Effective Pricing
  • 100% Replacement Warranty with all SKU’s
  • 7000+ Wide Range of SKU’s

Ecommerce Platform Usp’s

  • Ecommerce Platform for Spare Parts & Accessories
  • Product 100% Visual with Compactable Model
  • Online & Offline Integrated Software
  • Spare Part Performance Equivalent to OEMs
  • 50-60% competitive Pricing than OEM spares
  • Higher Distributor Margin compared to OEM spares

Business Partner Support

  • Marketing Support- Offline & Online
  • Manpower Support
  • Product & Management Training
  • Software Supports Training
  • Branding & Installation
  • Sales Champion App to Acquire retail Customer

Pikpart Spares Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2018

Franchise Commenced On 2019

Franchise Details
Units

Investment INR 5lakh - 10lakh

Franchise/Brand Fee INR 50000

Royalty/Commission 10 %

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 15 %

Likely pay back period of capital for a Unit Franchise 1-2 Years

Other investment requirements 1-2 Lacs

Pikpart Spares Expansion Plans

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

 

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Pikpart Spares Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 500 - 6000 Sq.ft

Preferred location of unit franchise outlet Within city approach

Pikpart Spares Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location on Site

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Pikpart Spares Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get Pikpart Spares Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get a Pikpart Spares franchise, you can fill up the application form provided on the website and our expert team will guide you with all the details viz. Pikpart Spares franchise fee, Pikpart Spares franchise cost, Pikpart Spares apply process and more. Our team will guide you during the process to avail Pikpart Spares franchise.

Interested in Pikpart Spares Franchise? Apply here

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