Business Categories
Bicycle

Bharat Cycles Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    500 - 750 Sq.ft
  • Investment Range
    INR 20.00 Lakh - 30.00 Lakh
  • No. Of Franchise Outlets
    Less than 10

About brand - Bharat Cycles

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

Bharat Cycles Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2011

Franchise Commenced On 2021

Franchise Details
Units

Investment INR 20lakh - 30lakh

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

Bharat Cycles Expansion Plans

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

 

Bharat Cycles Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 500 - 750 Sq.ft

Preferred location of unit franchise outlet PAN

Bharat Cycles Franchise Training

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

Bharat Cycles Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise 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 Bharat Cycles 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 Bharat Cycles franchise, you can fill up the application form provided on the website and our expert team will guide you with all the details viz. Bharat Cycles franchise fee, Bharat Cycles franchise cost, Bharat Cycles apply process and more. Our team will guide you during the process to avail Bharat Cycles franchise.

Interested in Bharat Cycles Franchise? Apply here

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