We at CYCLOBIKE build one of the most stylish electric bicycles in India. Established in 2019, having done adequate testing’s and taken desired trials, our electric bicycles are now time tested and have received appreciations from users all across India.
We emphasis on quality and customer friendly designs, both mechanical and electrical. We use PANASONIC long life lithium cells in our batteries, which results in zero battery replacement cost during its life cycle. Other electrical and mechanical parts are meticulously selected to give long lasting performance. There are product warranties on each electrical part to support the end user.
The business margins on our electric bicycles are much higher than the competition.
We welcome the independent retailors as well as business houses who wants to establish their new business of selling bicycles and electric bicycles in their choice of cities and metros across India.
Operations Commenced On 2019
Franchise Commenced On 2022
Investment INR 10000 - 50000
Franchise/Brand Fee INR 25000
Royalty/Commission 1 %
Anticipated percentage return on investment 15 %
Likely pay back period of capital for a Unit Franchise 0-0 Years
Other investment requirements 25 LAKH
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 - 1000 Sq.ft
Preferred location of unit franchise outlet cross roads or premium commercial location
Franchisee training location Our location
Expert guidance from Head Office to franchisee in opening the franchise Yes
How long is the franchise term for? 3 Years
Is the term renewable? Yes
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