V ROBOTICS Passenger Information Systems Private Ltd

Area Requirement 200 - 1000 Sq.ft
Investment Size INR 2 Lac - 5 Lac
Franchise Outlets Less than 10

Business Detail

Now a day advertisements are going environt friendly digital rather than physical. The ad tech industry is set to jump from $438bn in 2021 to $1 trillion in 2030!. Busparrot is an IoT, ICT, AI enabled passenger information and adtech platform, in other words a google for public transport. At busparrot we innovate and manufacture passenger information solutions for the public transport industry, helping passengers by making real time bus information available at bus stations, bus stops, buses and mobile apps.

Investment Detail

Commenced Operations

Operations Commenced On 2017

Franchising / Distribution Commenced On 2021

Franchise Details

UNITS

Location Store wise

Investment INR 2lakh - 5lakh

Franchise/Brand Fee INR 250000

Royalty/Commission 50 %

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

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 500%

Payback Period 1-1 Years

Property Details

Type of property required for this franchise opportunity Domestic

Area Requirement 200 - 1000 Sq.ft

Preferred location of unit franchise outlet territory center

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Bangalore, Kochi, Coimbatore, Mumbai

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