Hotline: 1800 102 2007
Hotline: 1800 102 2007
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  • Area Req
    500 - 1000 Sq.ft
  • Investment Range
    INR 10 Lac - 20 Lac
  • Franchise Outlets
    Less than 10
Business Details

About Us:

Joy E-Bike: India’s one of the leading entrants in the e-bike market. It started in 2016. They are promoting the new innovative, eco-friendly mode of transport in India. Joy E-Bike is ARAI certified electric bicycle and an ISO 9001:2015 Certified Company.

USP

Ø  Eco – Friendly

Ø  In-house facility

Ø  Detachable & Lithium-Ion Battery

Ø  No Insurance Charges

Investment Details

Commenced Operations

Operations Commenced On 2016

Franchising / Distribution Commenced On 2018

Franchise Details
Units

Investment INR 10lac - 20lac

Franchise/Brand Fee INR 200000

Royalty/Commission 25 %

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

Anticipated percentage return on investment 74 %

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 500 - 1000 Sq.ft

Training Details

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

Agreement & Term Details

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

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