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Hotline: 1800 102 2007
Hotline : 1800 102 2007
Electric Two Wheelers

M2Go Electric Vehicle Pvt Ltd

Area Requirement 1000 - 1500 Sq.ft
Investment Size INR 30 Lac - 50 Lac
Franchise Outlets Less than 10
Business Detail

About Us:

First of all, thank you for your inquiry about the Dealership. Established in 2019 with the main aim to create scooters that enhances mobility but at the same time does not leave much carbon footprint, we at M2GO have successfully produced world-class electric scooters. We have done this because we firmly believe that the direction of the future is gearing towards seamless mobility without compromising environmental impact. And considering our year of establishment and we are still regarded as a new player in the industry, we have successfully produced not one model, but four world-class electric scooters using the latest technology and best design despite that.

Through these first fleet of models on-hand, we are aiming to reduce up to 90% of the cost of mobility mainly due to the fact that they are powered Lithium-Ion Batteries, which are rechargeable electrically. This way, one can be able to save a considerable amount of money in paying for fuel by just plugging their electric scooters on a power outlet before and after going out to go where they want to be. We are also aiming to create nationwide visibility in the whole of India and we want all of our four models to become available on every part of India. This is our way of spreading cost-effective mobility without actually compromising anything and at the same time save on a lot of expenses through it. It is our sincere aim in providing a better mobility option for everyone.

Our initial fleet of models caters to a broad range of markets which includes scooter enthusiasts as well. Whatever the choice will be, each model on our fleet will definitely bring a common functionality and satisfaction a world-class quality of mobility and capability bringing in a lot of savings accordingly.

All our Models will be licensed and approvedby the respective body of theGovernment of India and would require RTO Registration, Number Plateand Licence toDrive. The Models are InternationallySuccessful already and would be best in the space in terms of design and Technology.

Investment Detail
Commenced Operations
Operations Commenced On 2019
Franchising / Distribution Commenced On 2019
Franchise Details
UNITS
Location Store wise
Investment INR 10000 - 50000
TRADE PARTNERS
TRADE PARTNER - 1
TYPES OF CHANNELS 7
INVESTMENT (IF ANY)Rs. 30lakh - 50lakh
MARGIN / COMMISSIONS 8%
AREA REQUIREMENT NIL
Expansion Locations
North
Haryana, Delhi, Punjab, Uttaranchal, Uttar Pradesh
South
Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana
East
Assam, Odisha, Sikkim, West Bengal
West
Goa, Gujarat, Maharashtra, Rajasthan
Central
Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh
UNION TERRITORIES
Chandigarh, Pondicherry
Franchise Details
Territorial rights for unit franchise Yes
Anticipated percentage return on investment 50%
Payback Period 2-3 Years
Property Details
Type of property required for this franchise opportunity Commercial
Area Requirement 1000 - 1500 Sq.ft
Preferred location of unit franchise outlet Near 2 Wheeler Dealers
TRAINING DETAILS
Detailed operating manuals for franchisees Yes
Franchisee training location Delhi
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? Lifetime
Is term renewable? Yes

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