Hotline: 1800 102 2007
Hotline: 1800 102 2007
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  • Area Req
    100 Sq.ft
  • Investment Range
    INR 20 Lac - 30 Lac
  • No. Of Franchise Outlets
    Less than 10
Business Details

About Us:

Fae bikes stands for Fast and Electric Bikes.

Fae bikes is India's first automated electric scooter share platform for daily commuting. To put it simply, Fae bikes are ‘pick anywhere, drop anywhere’ electric scooters spread throughout the city. One can pick, ride and drop off a Fae Bike anywhere. We believe shared, electric and personalised mobility is the future of transportation which we bring with Fae Bikes.

We establish network of stations through-out the city where Fae bikes will be placed. We have made our scooters keyless and automatic using IoI automation tech. We are currently operational in Bangalore and soon expanding our operations to Delhi.

We are currently inviting investors interested in Franchising FAE Bikes and being part of the revolution in last mile connectivity space. We offer a franchise model that allows franchisee to invest per bike (Minimum 5 bikes) into the fastest growing FAE network. FAE Bikes takes care of all other necessities like IoT installation, maintenance, user assistance etc. during the franchise term period.

We enable hassle free business partnership and a steady income with minimal involvement from Franchisee.

Investment Details

Commenced Operations

Operations Commenced On 2015

Franchise Commenced On 2018

Franchise Details
Units

Investment INR 20lac - 30lac

Franchise/Brand Fee INR 150000

Royalty/Commission 20 %

Expansion Locations
North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, 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

Franchise Details

Performance guarantee to Unit Franchise Yes

Anticipated percentage return on investment 50 %

Likely pay back period of capital for a Unit Franchise 2-3 Years

Property Details

Type of property required for this franchise opportunity Domestic

Floor area requirement 100 Sq.ft

Preferred location of unit franchise outlet All over India

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Bangalore

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? 3-No of years Years

Is the term renewable? Yes

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