eBike Franchise Opportunity

Business Detail

About Us:

eBike is one of it's kind Revolutionary startup aiming at providing environment friendly means of transportation.

eBike is India's first ever platform offering electronic mode of transportation ( electronic bike rentals, electronic bike taxis and electronic bike delivery) which runs for around 200 kms after an electronic charge for about 2 hrs and makes the daily movement zippy with a speed of 75 km/ hr.

eBike is a fresh concept, answering the major yet untouched concerns of growing India. Our team of Green Collar Tech Enthusiasts aims at striking a balance between the fast paced competitive life of young Indians while at the same time taking care of and being responsible for our environment.

We would like to expand this platform pan India for which franchise would be the option.

eBike franchise would require an investment of about Rs15 lakhs - Rs 55 lakhs depending on the location and number of bikes.

Investment Detail

Commenced Operations

Operations Commenced On 2018

Franchising / Distribution Commenced On 2018

Franchise Details

UNITS

Location Store wise

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 1000000

Royalty/Commission 10 %

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Arunachal Pradesh, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Madhya Pradesh

UNION TERRITORIES

Pondicherry, Chandigarh, Daman and Diu

Franchise Details

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 300%

Payback Period 1-2 Years

Property Details

Type of property required for this franchise opportunity Domestic

Area Requirement 1100 - 1200 Sq.ft

Preferred location of unit franchise outlet Anywhere in the city

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location In Franchise 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