Franchise Opportunities

Firefox Bikes Pvt. Ltd

Category: Retail
Area Req: 500 Sq. Ft
No. of Franchise Outlets : 16
Investment: Rs. 5lac - Rs. 10lac

 

Business Details

A rapidly expanding Lifestyle company. Firefox Bikes is into retailing / distribution of imported bicycle & accessories in India through its company owned and franchisee operated outlets. Theses bikes are high – end sports bikes (MTBs, ATBs , BMX’s & Road Bikes) with lightweight Alloy Frame, with dual suspension, multi speed and Disk brakes etc . We are trying to develop the biking culture in India.
We have 20 exclusive outlets all around (Delhi, Chandigarh , Hyderabad , Bangalore , , Kerala , Pondicherry , Indore , pune & Udaipur ) And Additional outlets are being added on the regular basis.

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Firefox Bikes Pvt. Ltd Investment Details

Date Commenced Operations : 2005
Date Commenced Frachising / Distribution : 2005
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 5lac - Rs. 10lac
Master / Multi Units
Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
City Wise Rs. 2lac - Rs.5lac
What areas are available for Unit franchise? : International
Nationwide

Where are you looking for expansion?
North New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pardesh
West Gujarat, Rajasthan, Maharashtra, Goa
East Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim
South Karnataka, Orissa, Tamil Nadu
Center Chhattisgarh, Madhya Pradesh
Union Territories Lakshadweep, Daman and Diu
Is there exclusive territorial rightsgiven to a unit franchise? : Yes
Are any performance guarantees given to unit franchisees? : No
What is the anticipated percentage return on investment? : 5 - 7 % monthly
What is the likely pay back period of capital for a unit franchise? : 6 Months
Are there other investment requirements? : No

Firefox Bikes Pvt. Ltd Property Details

What type of property is required for this franchise opportunity? : Good retail outlet
Floor area requirement : 500 Sq. Ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : Good location

Firefox Bikes Pvt. Ltd Training Details

Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? : H.O/Nearest Outlet
Is field assistance available for franchisees? : Yes
Will someone from Head Office assist me when I open my franchise? : Yes
What IT systems do you presently have that will be included in the franchise? : Yes

Firefox Bikes Pvt. Ltd Other Details

Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : 3
Is the term renewable? : Yes

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