Hero Service Dealership Business 2020 | Most Profitable Business in Automobile Sector

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Service Dealership is the most profitable business in the Automotive sector. Hero has a market share of more than 50% in the Indian two-wheeler market, the service customer base is almost 10X of what the sales numbers of a New Bike Dealer.

The earning is further boosted by the sales of spare parts in the dealership, the margins on the sale of each of the spare parts are roughly around 40%.

The area required for opening the Service Dealership is around 2000 sq ft to 4000 sqft and the estimated Investment will go up to 50-60 lakhs.

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