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Hotline: +91-991 5466 777
Hotline: +91-991 5466 777

Bike Studio by LA Sovereign - Franchise

Bike Studio by LA Sovereign - Franchise
Category : Automotive Investment: Rs. 20 Lac - Rs. 30 Lac

About Bike Studio by LA Sovereign LA Sovereign Bicycles Pvt Ltd. was established in 2006 and is a first ever joint venture between Thailand & India bsed companies to market Bicycles & kids toys of very high quality & world class designs to the Indian consumers. Sovereign is an Indian based company and have been in the bicycle trade for the last 50 years. The company has a strong brand presence in the Indian and Export market & are one of the leaders in the trade. The company has attained high level of technical expertise in manufacturing & marketing over the years.

Value Proposition of the Franchise model

  • Well known brand: LA Sovereign is a pioneer in the bicycle industry since 2006. The Indian counterpart, Sovereign have been in the Bicycle trade for the last 50 years.
  • Imported & Premium products: All products are premium in quality which are imported from Thailand and Sri Lanka.
  • Extensive Support and continuous Training: The franchisor will assist in multiple issues like keeping the right stock, advise of local marketing etc. Continuous training support will be provided to the franchisee from international bike experts.
  • Customer Centric: Large range of bicycles starting from INR 4,000 to INR 2,95000 catering to all ages and classes of people with prompt after sale service through 24 hours helpline.
  • Additional Support: The brand will provide certain additional benefit to the franchisee in terms of trip to Thailand for training, absorbing the logistics cost of the franchisee and reimbursement of local marketing expenses in terms of credit notes.
  • High End Bike on credit: The franchisee need not purchase the high end bike on a cash down basis. The brand will provide high end bikes on credit to the Franchisee.

Support to the Franchisee:

  • Blueprint and design of the outlets
  • Efficient supply chain and logistics
  • Training with International Bike experts
  • Assistance in organizing of local promotional activities and events
  • Taking care of quality of products/services delivered at the franchisee as well as to the end customers.

Bike Studio by LA Sovereign - Franchise Investment Details

Commenced Dates
Date Commenced Operations 2006
Date Commenced Franchising / Distribution 2015
Franchise Details
 
Units
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 20lac - 30lac    3.75 lakhs + S.Tax  
Expansion Locations
North New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab,
South Kerala, Karnataka, Tamil Nadu
East Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim
West Gujarat, Rajasthan, Maharashtra, Goa
Center Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Franchise Details (Optional)
Want to expand Nationwide
Exclusive territorial rights to a unit  
Performance guarantee to unit franchisee  
Anticipated percentage return on investment  
Likely pay back period of capital for a unit franchise  
Other investment requirements  

Bike Studio by LA Sovereign - Franchise Training Details

Detailed operating manuals for franchisees  
Where is franchisee training provided?  
Is field assistance available for franchisee?  
Will someone from Head Office provides assistance to franchisee in opening the franchise?  
What IT systems do you presently have that will be included in the franchise?  

Bike Studio by LA Sovereign - Franchise Property Details

Type of property required for this franchise opportunity

Floor area requirement NA .
Preferred location of unit franchised outlet  

Bike Studio by LA Sovereign - Franchise Other Details

Do you have a standard franchise agreement? No
How long is the franchise term for?  
Is the term renewable? No
Bike Studio by LA Sovereign - Franchise

Bike Studio by LA Sovereign - Franchise

Category : Automotive
Area Req :
Franchise Outlets :
Investment: Rs. 20 Lac - Rs. 30 Lac

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