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

Rent a Bike - Franchise

Rent a Bike - Franchise
Category : Automotive Investment: Rs. 5 Lac - Rs. 10 Lac Less than 10

Rent a Bike Franchise About Us Operational since 2014, Rent a Bike is a technology driven online vehicle rental marketplace start-up enabling people to use bikes for self-drive purpose led by two passionate promoters with a passion for Bikes and a zeal to travel. Our marketplace platform helps deliver bike rental services to potential buyer with connecting a service provider in the area of their choice to rent a bike hassle free On India's busy roads the biggest challenge what we saw was an individual's liberty to ride a two wheeler was restricted only if they own one or maybe borrowed one. However a commute for a person travelling for work, leisure or weekend travel could be different based on an individual's taste. We started services in Goa to begin with and currently have more than 40 POS Locations which are covered Mumbai, Pune, Bangalore, Delhi and Hyderabad to start operations by Q2 2017-18 through addition of 1000 plus bikes and 100 plus pickup points (Franchise and Co-Owned) We have currently offered over 7000 days of bike rides to our customers and they keep coming back Franchise Support- Centralised customer care for lead nurturing and execution. Top Leaders in Bike Rental Space. Success in maintaining customer and retentions. All relevant training and support would be provided by us. ROI within one year on initial investments. Hurry up! Buy your Rent a Bike Franchise now.

Rent a Bike - Franchise Investment Details

Commenced Dates

Date Commenced Operations 2013
Date Commenced Franchising / Distribution 2015

Franchise Details

Units

Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 5lac - 10lac    25

Master / Multi Units

Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
City Wise Rs. 5lac - 10lac 250000 250000 25

Expansion Locations

North

Haryana, Himachal Pradesh, New Delhi, Punjab, Uttaranchal, Uttar Pradesh

South Karnataka, Kerala, Tamil Nadu, Telangana
East Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Orissa, Sikkim, Tripura, West Bengal
West

Goa, Gujarat, Maharashtra, Rajasthan

Center Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh
Union Territories Chandigarh, Lakshadweep, Pondicherry

Franchise Details (Optional)

Want to expand Nationwide
Exclusive territorial rights to a unit No
Performance guarantee to unit franchisee No
Anticipated percentage return on investment 20

Likely pay back period of capital for a unit franchise

 
Other investment requirements  

Rent a Bike - Franchise Training Details

Detailed operating manuals for franchisees

No

Where is franchisee training provided?

Centralised and Local for Large Distributorship

Is field assistance available for franchisee? Yes
Will someone from Head Office provides assistance to franchisee in opening the franchise?

Yes

What IT systems do you presently have that will be included in the franchise? Yes

Rent a Bike - Franchise Property Details

Type of property required for this franchise opportunity Commercial
Floor area requirement 200 - 400 Sq.ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet Office, City and Residential Hubs

Rent a Bike - Franchise Other Details

Do you have a standard franchise agreement?

Yes

How long is the franchise term for?

5 years

Is the term renewable? Yes
Rent a Bike - Franchise

Rent a Bike - Franchise

Category : Automotive
Area Req :
Franchise Outlets : Less than 10
Investment: Rs. 5 Lac - Rs. 10 Lac

Insta Apply