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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!
Rural format:
Hercules BSA Store (RHB)
Urban format:
BSA Hercules Exclusive Store
This is what will bring you closer to your dreams, connect today for more information!
Thanks & Regards
TI Cycles of India Team
Operations Commenced On 1950
Distribution Commenced On 1950
Investment INR 10lac - 20lac
Franchise/Brand Fee INR Total Store Investme
Royalty/Commission Nil %
Types of Channels | Investment (If any) | Margin / Commissions | Area Requirement |
---|---|---|---|
Dealer | Rs. 10lac - 20lac | 35%% | 1000 - 1200 - Sq.ft |
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
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Pondicherry, Chandigarh
Type of property required for this dealership opportunity ground floor in a Pr
Floor area requirement 600-1200
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
Do you have a standard dealership agreement? Yes
How long is the dealership term for? 5 Years
Is the term renewable? Yes
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