超90%途虎工场店盈利：将加盟生意变成为自己“打工”赚钱

Core Viewpoint - The automotive aftermarket presents a significant investment opportunity due to market saturation in other sectors like chain restaurants and beverage shops, with a focus on automotive repair and maintenance as a potential blue ocean market [3]. Market Overview - As of June 2025, the total number of vehicles in China is projected to reach 359 million, leading to a steady increase in the automotive service market size [4]. - The traditional 4S dealership model is declining, with over 4,400 dealerships closing last year, creating a more favorable environment for third-party repair services [4]. Company Performance - Tuhu's recent mid-year report for 2025 shows revenue of 7.88 billion yuan, a year-on-year increase of 10.5%, and an adjusted net profit growth of 14.6% [4]. - Tuhu has over 7,200 service centers and boasts a 90% profitability rate for stores operating for over six months, indicating strong financial performance for franchisees [4][15]. User Engagement - Tuhu's platform has seen a 23.8% increase in transaction users, reaching 26.5 million, with a customer satisfaction rate of 95% and a repurchase rate of 64% [10][11]. Standardization and Supply Chain - Tuhu addresses industry pain points through product and supply chain standardization, ensuring transparency and quality in parts sourcing [8][10]. - The company has implemented a data-driven supply chain model, achieving an 83% next-day delivery rate, enhancing operational efficiency [10]. Service Standardization - Tuhu has standardized service processes to improve service quality and reduce disputes, ensuring consistent customer experiences across locations [11]. Franchisee Success - Franchisees report stable profitability, with some achieving monthly gross profits of 120,000 to 130,000 yuan, supported by Tuhu's cost-reduction initiatives [15][17]. - The company has a growing number of franchisees, with many opening multiple locations, indicating strong market confidence [17].