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Electric Two Wheelers

Freego Bikes Pvt Ltd

  • Area Req
    250 - 500 Sq.ft
  • Investment Range
    INR 0 - 0
  • Franchise Outlets
    No Outlets
Business Details

   Freego - Increase Mobility, Live Freely

  • We, Freego Bikes Private Limited, are committed to our promise of creating eco-friendly transportation solutions for daily basis. With a vast experience in manufacturing of electric scooters our Freego F3 is synonymous with high quality, continuous innovation and iconic futuristic designs which are local at heart and international in appeal.
  • Being ISO 9001:2008 certified and with top-of-the-line plants and world class equipment’s we are India’s sole manufacturers of Self balancing, cycles & electric scooters. Manufacturing over 5000 scooters annually and winning the hearts of millions of enthusiasts for scouting free spaces, community patrolling, shopping at malls and markets as well as adventure junkies. Our manufacturing plant is located at Vasai, Palghar District.
  • With a firm belief in business ethics and corporate sustainability and our excellence brought forth by our cutting-edge in-house research & development team has bolstered our identity as a Forerunner of a innovation, design and impeccable quality in the India e-scooter Market.

 

Services Offered:

  • Quality Control
  • Manufacturing
  • R & D
  • Warranty
  • Lifetime Service Support

Why Freego?

  • Freego Bikes pvt ltd is a sole manufacturer of self-balancing electric scooters in India
  • ISO 9001 Certified manufacturing facilities
  • Workforce of over 300 employees
  • Technologically driven business processes

Desired Franchisee Profile:

  • A person should have in-depth understanding of the local market
  • Passion for excellence and “go-getter” attitude
  • People with an open mind having believe in lifelong learning.

Franchisor Support:

  • Extensive Marketing Support
  • Advertising Support
  • Ongoing business and promotional support
  • Experienced Professional Team support

Franchisee Benefits:

  • Brand Name
  • Good returns on investment
  • Complete assistance in setting up of franchise
  • Detailed operation manual

Investment Details

Commenced Operations

Operations Commenced On 2014

Franchising / Distribution Commenced On 2018

Franchise Details
Units

Investment INR 10000 - 50 K

Master / Multi Units

Country Wise

Investment INR 5lac - 10lac

Unit/Brand Fee INR 75000

Master/Brand Fee INR 300000

Royalty/Commission 6 %

Region Wise

Investment INR 5lac - 10lac

Unit Fee INR 75000

Master Fee INR 300000

Commission 6 %

State Wise

Investment INR 5lac - 10lac

Unit/Brand Fee INR 75000

Master/Brand Fee INR 300000

Royalty/Commission 6 %

Expansion Locations
North

Delhi, Haryana, Jammu and Kashmir, Punjab, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

West Bengal

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

Pondicherry, Chandigarh, Daman and Diu

Franchise Details

Anticipated percentage return on investment 40 %

Likely pay back period of capital for a unit franchise 1-2 Years

Other investment requirements No

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 250 - 500 Sq.ft

Preferred location of unit franchise outlet High Street

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location On Site

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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