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Bike Reselling

Incredible Technologies Pvt. Ltd.

  • Area Req
    500 - 750 Sq.ft
  • Investment Range
    Rs. 10lac - 20lac
  • Franchise Outlets
    Less than 10
Business Details

CredR

It all began when the IITian trio - Nikhil, Nittin, Sumit went hunting for a used bike during their college days. After facing a lot of problems and having a really tough time, they ended up buying a faulty set of two wheels. That very day, they swore to change the face of used bike buying.

Thus CredR hit the roads in Feb 2015 with an aim to transform the whole industry scenario. We went on to create a new-age used bike buying, selling and exchange experience through CredR. Today, we strive to be the ultimate community for all two-wheeler users.

CredR Franchise

Our Support:

  • Complete Supply Support -In ready-to-sell condition
  • Certified Bikes with 6 Months Warranty
  • Deadstock Support
  • Marketing Support
  • Technology Support for Running the Store
  • Market Insights and CredR Proprietary Tools
  • Training and development for Sales and Operational Excellence
  • Post Sales Support to Customers

Investment Details

Commenced Operations

Operations Commenced On2017

Franchising / Distribution Commenced On2017

Franchise Details
Units

Area500 - 750 Sq.ft

Investment Rs. 10lac - 20lac

Franchise/Brand Fee 200000

Royalty/Commission- NA -

Master / Multi Units

Region Wise

Investment Rs. 10000 - 50 K

Unit Fee - NA -

Master Fee - NA -

Commission - NA -

State Wise

Investment Rs. 10000 - 50 K

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

City Wise

Investment Rs. 10000 - 50 K

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

Expansion Locations
North

Delhi

South

Karnataka

East

- NA -

West

Maharashtra

Central

- NA -

Union Territories

- NA -

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 60

Likely pay back period of capital for a unit franchise 1 - 2 Year

Other investment requirements No

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 500 - 750 Sq.ft

Preferred location of unit franchise outlet Main Road Facing

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location After the sign up at existing Stores

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? 3 Year

Is the term renewable? Yes

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