Joy E-Bike is India’s one of the leading entrants in the e-bike market since 2016. We are promoting the new innovative, eco-friendly mode of transport in India. In today's scenario, urban environment framework of pollution is majorly caused due to carbon emission from usage of fossil fuels like petrol, diesel, CNG etc. by the automobiles.
Joy E-Bike is ARAI certified electric bicycle and an ISO 9001:2015 Certified Company.
Joy e-bike can be the Joy of every household in India where all contributes to the sustainable initiatives of reducing the carbon emission by lesser use of regular cars. Infact, regular use of bicycle has always been prescribed as a healthy way of exercising and keeping heart fit.
WHEN IN DOUBT, PEDAL IT OUT!!
Operations Commenced On 2016
Franchise Commenced On 2018
Investment INR 10lac - 20lac
Franchise/Brand Fee INR 200000
Royalty/Commission 25 %
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, 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
Anticipated percentage return on investment 74 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Other investment requirements no
Type of property required for this franchise opportunity Commercial
Floor area requirement 500 - 1000 Sq.ft
Detailed operating manuals for franchisees Yes
Franchisee training location head office
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-No of years Years
Is the term renewable? Yes