Top Speed Cycle - A Venture by Bharat Cycles is a specialty bicycle retailer offering high-quality bicycles and accessories from very reputable brands (Including an exclusive deal with Firefox brand). The brand offers bicycles that are designed and built to the highest quality standards ride better and last longer.
All the bicycles, from kids' bikes to custom road bikes, are fine-tuned by professional mechanics. The brand also provides expert assistance in choosing the right type of bicycle for your riding needs as well as the correct size frame. Top Speed (Bharat Cycle) plans to open 100+ stores at a pan-India level in the next 5-10 years, with the aim to be a 100 cr+ turnover company.
Good Reasons To Partner With Top Speed Cycle:
Operations Commenced On 2011
Franchise Commenced On 2021
Investment INR 20lakh - 30lakh
Franchise/Brand Fee INR 200000
Royalty/Commission 00 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 70 %
Likely pay back period of capital for a Unit Franchise 2-2 Years
Other investment requirements 00
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 500 - 750 Sq.ft
Preferred location of unit franchise outlet PAN
Detailed operating manuals for franchisees Yes
Franchisee training location Corporate office
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
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