Riders Bicycles Private Limited

Area Requirement 800 - 1200 Sq.ft
Investment Size INR 10 Lac - 20 Lac
Franchise Outlets Less than 10

Business Detail

RIDERS is well known brand in the field of Bicycles, with experience of decades in the industry and a great reputation with more than 5000 customers across India. Looking for an aggressive PAN India expansion plan.

Our Vision: To be a leading Bicycle brand in India.

Investment Detail

Commenced Operations

Operations Commenced On 2021

Franchising / Distribution Commenced On 2023

Franchise Details

UNITS

Location Store wise

Investment INR 10lakh - 20lakh

Franchise/Brand Fee INR 300000

Royalty/Commission 5 %

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

Franchise Details

Territorial rights for unit franchise Yes

Anticipated percentage return on investment 108%

Payback Period 1-2 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 800 - 1200 Sq.ft

Preferred location of unit franchise outlet pune and mumbai

AGREEMENT & TERM DETAILS

How long is the franchise term for? 5 Years

Is term renewable? Yes