Business Categories
  • Area Req
    500 - 750 Sq.ft
  • Investment Range
    INR 20 Lac - 30 Lac
  • No. Of Franchise Outlets
    Less than 10
About Us

About Us:

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: 

  • Proven experience of 40+ years in the industry including selling, renting & repairing services.  
  • Successfully running 10+ stores across multiple cities
  • Multi-Brand Supply Chain 
  • Best Margins & Commissions Offered 
  • Inventory in form of Working Capital
  • Technical support from Company (Training arrangement with partner brand + Quality Check on products done) before supplying to Franchisee
  • High Margins & Incentives
  • Advance ERP to Track Sales, Commissions and Inventory 
  • Technical Skills Certifications for Franchisee 
  • Marketing & Social Media campaigns to generate traffic at Stores 
  • Additional Margin for high sales Total Investment 25 L (only 10L fixed Cap)
  • Commission of 5-7% provided to Franchisee for online orders fulfilment through stores

Investment Details

Commenced Operations

Operations Commenced On 2011

Franchise Commenced On 2021

Franchise Details
Units

Investment INR 20lac - 30lac

Franchise/Brand Fee INR 200000

Royalty/Commission 00 %

Details

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

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

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

 

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 500 - 750 Sq.ft

Preferred location of unit franchise outlet PAN

Training Details

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

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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