Warm welcome, Sir
Let's have a close look to the Business Model.
Table of Contents:
1. The Opportunity
2. Market Insights
3. The Business Model
4. Strategic Partnerships
5. No Loss Strategy
6. Competitive Advantage
7. Financial Projections
8. Call to Action
Detailed Business Model:
1. The Opportunity
Problem:
Delhi NCR's scrappage policy prohibits 10-year-old diesel vehicles, leading to their significant depreciation and limited usability.
Solution:
These vehicles can be leveraged in states like MP, Rajasthan, Maharashtra, Bihar, and West Bengal, where they remain operational for up to 15 years.
Market Insights
Car Availability: Over 1 lakh premium diesel vehicles in NCR are affected annually.
Demand Potential: High demand for luxury rentals in tier-2 and tier-3 cities.
2. The Business Model
Vehicle Acquisition:
Purchase premium vehicles at low cost of just ₹7-15 lakhs.
Revenue Generation:
Rentals generate ₹80000 - ₹1.5 lakhs per month per car.
Operating Markets:
Focus on MP, Rajasthan, Maharashtra, Bihar, and West Bengal.
Event Rentals:
Offer vehicles for marriage events or as groom cars.
Revenue Potential: ₹25,000 to ₹35,000 per booking for single-day events.
Partnerships:
Key Point to remember: Investment is to lay the foundation of this business. People will automatically join hands with our partnership program.
Collaborate with premium car owners to expand the fleet. This will automatically add newer or latest models to the fleet.
We can offer lucrative partnership to the luxury car owners at a 25 percent commision.
"At this point we can provide the highest quality for top class customer satisfaction."
3. Strategic Partnerships
Establish collaborations with premium hotels where businesspeople and politicians, the primary target customers, frequently stay.
Utilize the hotel networks for targeted marketing and service offerings.
4. No Loss Strategy
Asset Management:
Cars can be resold after 1.5-2 years of usage at competitive prices.
Investment Recovery:
This ensures minimal depreciation and effective utilization of the vehicles.
Fleet Refresh:
Regular resale maintains fleet quality and customer satisfaction.
5. Competitive Advantage
Cost Efficiency:
Offer luxury cars at a fraction of the cost compared to new models.
Broader Market Access:
Capitalize on untapped demand in non-NCR states.
Sustainability:
Extend vehicle lifecycles while complying with regional regulations.
6. Financial Projections
Initial Investment: ₹1 crore (for 10 cars fleet).
Monthly Revenue: ₹8 lacs to 15 lacs. [1 single car can generate minimum revenue of 80k to 150k]
Event Rentals:
Generate ₹25,000 to ₹35,000 per booking for marriage events [Groom car].
Couple photoshoots and videoshoots for pre-wedding can generate ₹5000 to ₹10000 per booking.
ROI: Achieved within 10 - 12 months.
7. Scalability:
Year 2: Expand to 50+ vehicles in different cities.
Year 3: Grow to 100+ vehicles.
8. Call to Action
Join Us:
Be part of transforming luxury mobility by investing in RentMyGadi.
Contact information :
Phone no. : +91 7047759959
Email : nijju00@gmail.com
Demo Website: www.rentmygadi.com
Let me know if you want to invest in this business.
Thanks for your valuable time.