Business Categories
  • Area Req
    600 Sq.ft
  • Investment Range
    INR 2 Lac - 5 Lac
  • No. Of Franchise Outlets
    Less than 10
About Us

About Us:

Narang Cycle Works is an authorized dealer of Atlas in Haridwar, Uttarakhand and is primarily offering outdoor and sporting goods. Our store is located at the heart of the city and is offering a wide range of products at most competitive prices.

PRODUCTS:-

  • Mountain bikes
  • Kids bikes 
  • Basic ranger bikes 
  • Bicycle repairing 
  • Domestic gym equipment

We are also providing a complete setup and training to new entrepreneurs who are interested in the ever-growing bicycle business along with the interior and portfolio of the products.

Investment Details

Commenced Operations

Operations Commenced On 2015

Franchise Commenced On 2018

Franchise Details
Units

Investment INR 2lac - 5lac

Franchise/Brand Fee INR 30000

Royalty/Commission 2 %

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 15 %

Likely pay back period of capital for a Unit Franchise 1-3 Years

Other investment requirements Tools , cycle stands and accessories racks

Expansion Locations

North

Himachal Pradesh, Uttaranchal

South

- NA -

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

 

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 600 Sq.ft

Training Details

Franchisee training location On site

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Agreement & Term Details

How long is the franchise term for? 5 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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