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Hotline: 1800 102 2007
Hotline : 1800 102 2007
Bicycle

Bharat Cycles

Area Requirement 500 - 750 Sq.ft
Investment Size INR 20 Lac - 30 Lac
Franchise Outlets Less than 10
Business Detail

About Us:

Top Speed Cycle - A Venture by Bharat Cycles is a specialty bicycle retailer offering high-quality bicycles and accessories from very reputable brands (Including an exclusive deal with Firefox brand). The brand offers bicycles that are designed and built to the highest quality standards ride better and last longer.

All the bicycles, from kids' bikes to custom road bikes, are fine-tuned by professional mechanics. The brand also provides expert assistance in choosing the right type of bicycle for your riding needs as well as the correct size frame. Top Speed (Bharat Cycle) plans to open 100+ stores at a pan-India level in the next 5-10 years, with the aim to be a 100 cr+ turnover company.

Good Reasons To Partner With Top Speed Cycle:

  • Proven experience of 40+ years in the industry including selling, renting repairing services.
  • Successfully running 10+ stores across multiple cities
  • Multi-Brand Supply Chain
  • Best Margins Commissions Offered
  • Inventory in form of Working Capital
  • Technical support from Company (Training arrangement with partner brand + Quality Check on products done) before supplying to Franchisee
  • High Margins Incentives
  • Advance ERP to Track Sales, Commissions and Inventory
  • Technical Skills Certifications for Franchisee
  • Marketing Social Media campaigns to generate traffic at Stores
  • Additional Margin for high sales Total Investment 25 L (only 10L fixed Cap)
  • Commission of 5-7% provided to Franchisee for online orders fulfilment through stores
Investment Detail
Commenced Operations
Operations Commenced On 2011
Franchising / Distribution Commenced On 2021
Franchise Details
UNITS
Location Store wise
Investment INR 20lakh - 30lakh
Franchise/Brand Fee INR 200000
Royalty/Commission 00 %
Expansion Locations
North
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
South
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
East
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West
Gujarat, Rajasthan, Maharashtra, Goa
Central
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
UNION TERRITORIES
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Franchise Details
Territorial rights for unit franchise Yes
Anticipated percentage return on investment 70%
Payback Period 2-2 Years
Any Other Requirements 00
Property Details
Type of property required for this franchise opportunity Commercial
Area Requirement 500 - 750 Sq.ft
Preferred location of unit franchise outlet PAN
TRAINING DETAILS
Detailed operating manuals for franchisees Yes
Franchisee training location Corporate office
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? 5 Years
Is term renewable? Yes

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