Royal Brothers

Area Requirement 300 - 400 Sq.ft
Investment Size INR 5 Lac - 10 Lac
Franchise Outlets 50-100

Business Detail

About Us:

Royal Brothers is a Self ride bike rental startup which 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.

Team: Passion driven engineers with aligned thoughts and dedication round the clock to accomplish the vision.

Investment Detail

Commenced Operations

Operations Commenced On 2015

Franchising / Distribution Commenced On 2015

Franchise Details

UNITS

Location Store wise

Investment INR 5lakh - 10lakh

Franchise/Brand Fee INR 1,00,000

Royalty/Commission 20% %

Expansion Locations

North

South

Karnataka

East

West

Central

UNION TERRITORIES

Franchise Details

Anticipated percentage return on investment 10%

Payback Period 1 - 2 Years

Property Details

Type of property required for this franchise opportunity Rented

Area Requirement 300 - 400 Sq.ft

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Bangalore

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 Years

Is term renewable? Yes