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

Royal Brothers - Franchise

Royal Brothers - Franchise
Category : Automotive Investment: Rs. 5 Lac - Rs. 10 Lac 50-100

Royal Brothers Franchise Introduction:Royal Brothers - Self ride bike rental startup is head quartered in Bangalore.We are the 1st startup to get license by State transport authority to run bike rental business in Karnataka. RB is operational in 6 cities such as Bangalore, Mangalore, Mysore, Udupi, Manipal and Belgaum./> Vision: To fulfill travel and transportation needs of public across PAN India by 2020. Co-founded by the professor-student duo of Manjunath T N and Abhishek C Shekar in July 2015, Royal Brothers claims to be South India’s first RTO authorised self-ride bike rental platform. Based on their personal experience, both founders were aware of the difficulties involved in getting access to good quality rental bikes. They even got feedback from Ramesh Babu and was the first to get an RTO permit for four wheeler rental vehicles in Benagluru. Team: Passion driven engineers with aligned thoughts and dedication round the clock to accomplish the vision.

Royal Brothers - Franchise Investment Details

Commenced Dates

Date Commenced Operations 2015
Date Commenced Franchising / Distribution 2015

Franchise Details

Units

Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 5lac - 10lac 1,00,000 20%

Expansion Locations

North

 

South

Karnataka
East  

West

 
Center  
Union Territories  

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 10
Likely pay back period of capital for a unit franchise 1 - 2 Year
Other investment requirements  

Royal Brothers - Franchise Training Details

Detailed operating manuals for franchisees Yes
Where is franchisee training provided? Bangalore
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

Royal Brothers - Franchise Property Details

Type of property required for this franchise opportunity Rented
Floor area requirement 300 - 400 Sq.ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet  

Royal Brothers - Franchise Other Details

Do you have a standard franchise agreement? Yes
How long is the franchise term for? 3 years
Is the term renewable? Yes
Royal Brothers - Franchise

Royal Brothers - Franchise

Category : Automotive
Area Req :
Franchise Outlets : 50-100
Investment: Rs. 5 Lac - Rs. 10 Lac

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