Business Categories
Bicycle

TI Cycles of India Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    600-1200
  • Investment Range
    INR 10 Lakh - 20 Lakh
  • No. Of Dealer/Distributor
    400

About brand - TI Cycles of India

About Us:

TI Cycles of India – an ultimate business opportunity that will lead you to attain success as a business owner...Read On!

TI Cycles of India have revolutionized the way people buy bicycles in India across Urban and Rural Towns. Today the count of our Exclusive Stores has crossed 200 in urban cities and another 300 in Rural Towns with differentiated offerings. These exclusive stores are a one-stop shop for Cycles and Fitness Equipments with a customer friendly ambience and service.

Cycling In India - Cycles have come a long way in India, from historically being viewed for commuting to having created a space in the minds of urban individuals as a great way to keep fit and have fun. With a yearly turnover of around twelve million cycles, India is the second largest manufacturer of bicycles in the world; needless to say that it is one of the most established industries here. In an era of tablets, apps and mobiles, it is the perfect activity for kids, teens, youth and adults to stay outdoors, stay fit & have fun!

Awards won by TI Cycles for the Retail Concept:

  • For its retail innovation, TI Cycles of India won in the category of "Excellence in Rural Retailing" at the Economic Times Retail Awards 2011
  • TI Cycles also won the 'Emerging Market Retailer of the year' award from CMO Asia in the Asia Retail Excellence Awards 2012 held at Singapore

Benefits of TI Cycles Association:

  • TI Cycles is India’s leading bicycle manufacturer and the makers of the famous BSA and Hercules brands. For more than 60 years we have practically created and perfected every new bicycle category in India. With a turnover of 1,260 cr and a year-on-year growth of 15 percent in FY 11-12 TI Cycles is a market leader in the ‘specials’ segment of cycles. The energy of the company can be felt nationwide, thanks to a network of around 1,500 primary dealers and 10,000 secondary dealers.
  • The Murugappa lineage: TI Cycles is part of the Rs. 22314 crores (USD 4.4 billion) Murugappa Group which is one of India’s leading business conglomerates. The group has 28 businesses under its fold which are market leaders in various segments including Abrasives, Auto Components, Cycles, Sugar, Farm Inputs, Fertilizers, Plantations, Construction, Bio-products and Nutraceuticals.
  • Associate with the Super brands: BSA and Hercules have been awarded the 'Consumer Super Brand' status by Super Brands India for the year 2011-2012. Joining a host of other super brands, BSA and Hercules have been identified as those brands which have maintained the highest standards of product integrity and brand development.
  • Communications and Promotions support: TI Cycles gives you the benefit of being part of a larger organization and thereby increasing credibility in consumer’s mind. TI Cycles will provide proper and timely advertising support allowing the business to increase its exposure to the target market in a more cost effective manner.

What we need?

Rural format:

Hercules BSA Store (RHB)

  • Initial investment of less than Rs 5 Lakh
  • A shop size of minimum 300 sq feet
  • Service area of 100 sq feet
  • Need to provide basic infrastructure

Urban format:

BSA Hercules Exclusive Store

  • Initial investment of Rs.10 - 12 Lakhs depending on the city
  • A shop size of 800 - 1200 sq feet
  • Service area of 300 sq feet
  • Need to provide basic infrastructure

What we offer for the Rural Format?

  • Company support in branding and visibility
  • Return on Investment 18% in first year, ability to grow to 25% in second year
  • Potential to grow at 30% year over year
  • Revenue stream from other sources – sale of Spares, Service etc.
  • Payback period less than one year
  • A profitable business for younger generations

For the Urban Concept:

  • Company support in branding and visibility
  • Return on Investment 18% in first year, ability to grow to 25% in second year
  • Potential to grow at 20% year over year
  • Revenue stream from other sources – sale of Spares, Service etc.
  • Payback period less than two years
  • A profitable business for younger generations

This is what will bring you closer to your dreams, connect today for more information!

Thanks & Regards

TI Cycles of India Team

TI Cycles of India Franchise Cost & Investment

Commenced Operations

Operations Commenced On 1950

Distribution Commenced On 1950

Distribution Details
Units

Investment INR 10lakh - 20lakh

Franchise/Brand Fee INR Total Store Investme

Royalty/Commission Nil %

Trade partners
Types of Channels Investment (If any) Margin / Commissions Area Requirement
Dealer Rs. 10lakh - 20lakh 35%% 1000 - 1200 - Sq.ft
Details

Performance guarantee to Channel Partner Yes

Anticipated percentage return on investment 18% %

Likely pay back period of capital for a Channel Partner less than 1 year

Other investment requirements No

TI Cycles of India Expansion Plans

North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

Pondicherry, Chandigarh

 

TI Cycles of India Franchise Requirements

Type of property required for this dealership opportunity ground floor in a Pr

Floor area requirement 600-1200

TI Cycles of India Franchise Training

Detailed operating manuals for dealerships Yes

Dealership training location Regional office

Is field assistance available for Dealership ? Yes

Expert guidance from Head Office to franchisee in opening the dealership Yes

Current IT systems will be included in the dealership Yes

TI Cycles of India Franchise Agreement Details

Do you have a standard dealership agreement? Yes

How long is the dealership term for? 5 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get TI Cycles of India Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get a TI Cycles of India franchise, you can fill up the application form provided on the website and our expert team will guide you with all the details viz. TI Cycles of India franchise fee, TI Cycles of India franchise cost, TI Cycles of India apply process and more. Our team will guide you during the process to avail TI Cycles of India franchise.

Interested in TI Cycles of India Franchise? Apply here

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