Now a day advertisements are going environt friendly digital rather than physical. The ad tech industry is set to jump from $438bn in 2021 to $1 trillion in 2030!. Busparrot is an IoT, ICT, AI enabled passenger information and adtech platform, in other words a google for public transport. At busparrot we innovate and manufacture passenger information solutions for the public transport industry, helping passengers by making real time bus information available at bus stations, bus stops, buses and mobile apps.
Operations Commenced On 2017
Franchise Commenced On 2021
Investment INR 2lakh - 5lakh
Franchise/Brand Fee INR 250000
Royalty/Commission 50 %
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 500 %
Likely pay back period of capital for a Unit Franchise 1-1 Years
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 Domestic
Floor area requirement 200 - 1000 Sq.ft
Preferred location of unit franchise outlet territory center
Detailed operating manuals for franchisees Yes
Franchisee training location Bangalore, Kochi, Coimbatore, Mumbai
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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