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Gobabygo Cabs

Cab Services Gobabygo Cabs Franchise Cost – How to get, Contact, Apply, Fee

  • Gobabygo Cabs
  • Gobabygo Cabs
  • Gobabygo Cabs
  • 300 - 400 Sq.ft
    Area Req
  • INR 5 Lakh - 50 Lakh
    Investment Size
  • Less than 10
    No. Of Franchise Outlets
  • 2021
    Establishment Year

About brand - Gobabygo Cabs

GoBabyGo Cabs Franchise Overview

GoBabyGo Cabs is a ride-hailing platform that is committed to creating a supportive ecosystem for its drivers, setting itself apart from other platforms by prioritizing their welfare. The company’s mission is to revolutionize the ride-hailing industry by ensuring that drivers retain 100% of their earnings, with a distinctive 0% commission model. This bold move aims to empower drivers and create a more equitable environment in the gig economy. As part of this mission, GoBabyGo Cabs offers franchise opportunities for entrepreneurs who share the vision of fair and driver-friendly business practices.

Key Franchise Details:

  • Franchise Cost:
    • The total investment required to establish a GoBabyGo Cabs franchise ranges from 5 lakh to Rs. 10 lakh. This investment includes expenses related to the initial setup, technology, branding, and operational infrastructure needed to run the franchise.
  • Franchise/Brand Fee:
    • The franchise fee to gain access to the GoBabyGo Cabs brand is 200,000. This fee covers the cost of brand usage, training, and the operational support provided by the company.
  • Royalty/Commission:
    • The franchise model includes a 10% royalty on the monthly revenue. This fee is paid to GoBabyGo Cabs for continued access to the brand, marketing materials, and technology solutions that help franchisees run their business efficiently.
  • Return on Investment (ROI):
    • Franchisees can expect an impressive return on investment (ROI) of 60%, driven by the high demand for affordable, driver-centric ride-hailing services and a proven business model that prioritizes driver satisfaction and retention.
  • Payback Period:
    • The estimated payback period for the capital invested in a GoBabyGo Cabs franchise is between 6 to 11 months, allowing franchisees to quickly recoup their investment and begin generating profits in a short amount of time.
  • Floor Area Requirements:
    • Franchise locations require a floor space of 300 to 400 square feet. This space will accommodate the franchise’s office and administrative functions, which are crucial for managing driver registrations, bookings, and customer service.
  • Driver Empowerment Focus:
    • A key differentiator of GoBabyGo Cabs is its driver-focused model. The platform ensures that drivers retain 100% of their earnings, unlike traditional ride-hailing services that charge hefty commission fees. This empowerment leads to higher driver satisfaction, which in turn, enhances the quality of service for riders.
  • Comprehensive Support and Training:
    • Franchisees will receive extensive training and ongoing support from GoBabyGo Cabs. This includes guidance on platform operations, marketing strategies, customer acquisition, and driver management, ensuring franchisees are equipped with the tools to succeed in the competitive ride-hailing market.
  • Technology Integration:
    • GoBabyGo Cabs provides franchisees with access to its cutting-edge technology platform, which simplifies ride management, payment processing, and customer interaction. This tech support helps ensure smooth operations and a seamless experience for both drivers and riders.

GoBabyGo Cabs offers a promising franchise opportunity for individuals looking to enter the ride-hailing sector while supporting a fair and driver-centric business model. With a solid ROI, quick payback period, and strong growth potential driven by its unique 0% commission model, GoBabyGo Cabs provides franchisees the opportunity to build a successful and socially responsible business. The emphasis on driver empowerment and customer satisfaction ensures long-term profitability and brand loyalty, making this franchise an attractive investment.

Gobabygo Cabs Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2021

Franchise Commenced On 2023

Franchise Details
Units

Investment INR 5lakh - 10lakh

Franchise/Brand Fee INR 200000

Royalty/Commission 10 %

Master / Multi Units

Region Wise

Investment INR 10lakh - 20lakh

Unit Fee INR 200000

Master Fee INR 1000000

Commission 5 %

State Wise

Investment INR 30lakh - 50lakh

Unit/Brand Fee INR 200000

Master/Brand Fee INR 1000000

Royalty/Commission 5 %

City Wise

Investment INR 5lakh - 10lakh

Unit/Brand Fee INR 200000

Master/Brand Fee INR 1000000

Royalty/Commission 5 %

Details

Exclusive territorial rights to a unit franchisee Yes

Performance guarantee to Unit Franchise Yes

Anticipated percentage return on investment 60 %

Likely pay back period of capital for a Unit Franchise 6-11 Months

Gobabygo Cabs 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

 

Tags: Hotel, Travel & Tourism Business Franchise in Delhi   |   Hotel, Travel & Tourism Business Franchise in Haryana   |   Hotel, Travel & Tourism Business Franchise in Himachal Pradesh   |   Hotel, Travel & Tourism Business Franchise in Jammu and Kashmir   |   Hotel, Travel & Tourism Business Franchise in Punjab   |   Show more...

Gobabygo Cabs Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 300 - 400 Sq.ft

Gobabygo Cabs Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location onsite

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

Gobabygo Cabs Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 2 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 Gobabygo Cabs 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 information about Gobabygo Cabs franchise, you can fill up the application form provided on the website and get all the details viz. Gobabygo Cabs franchise fee, Gobabygo Cabs franchise cost, Gobabygo Cabs apply process and more.

Interested in Gobabygo Cabs Franchise? Apply here

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