Category
  • Automotive
  • Beauty & Health
  • Business Services
  • Dealers & Distributors
  • Education
  • Fashion
  • Food And Beverage
  • Home Based Business
  • Hotel, Travel & Tourism
  • Industrial Machinery & Manufacturing
  • Retail
  • Sports & Fitness & Entertainment
Price Range
  • Rs. 10 K - 50 K
  • Rs. 50 K - 2lac
  • Rs. 2lac - 5lac
  • Rs. 5lac - 10lac
  • Rs. 10lac - 20lac
  • Rs. 20lac - 30lac
  • Rs. 30lac - 50lac
  • Rs. 50lac - 1 Cr.
  • Rs. 1 Cr. - 2 Cr
  • Rs. 2 Cr. - 5 Cr
  • Rs. 5 Cr. Above
Location
  • Andhra Pardesh
  • Arunachal Pradesh
  • Assam
  • Bihar
  • Chandigarh
  • Chhattisgarh
  • Daman & Diu
  • Goa
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • Jammu & Kashmir
  • Jharkhand
  • Karnataka
  • Kerala
  • Lakshadweep
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • New Delhi
  • Orissa
  • Pondicherry
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Tripura
  • Uttaranchal
  • Uttar Pradesh
  • West Bengal
  • Andaman And Nicobar
  • Telangana
Rent a Bike

Rent a Bike

Category: Bike rental
No. of Franchise Outlets: Less than 10
Area Req: 200 - 400 Sq.ft
Investment: Rs. 5lac - Rs. 10lac
Business Details

About Us

Operational since 2014, Rent a Bike is a technology driven online vehicle rental marketplace start-up enabling people to use bikes for self-drive purpose led by two passionate promoters with a passion for Bikes and a zeal to travel.

 Our marketplace platform helps deliver bike rental services to potential buyer with connecting a service provider in the area of their choice to rent a bike hassle free

On India's busy roads the biggest challenge what we saw was an individual's liberty to ride a two wheeler was restricted only if they own one or maybe borrowed one. However a commute for a person travelling for work, leisure or weekend travel could be different based on an individual's taste.

We started services in Goa to begin with and currently have more than 40 POS Locations which are covered

Mumbai, Pune, Bangalore, Delhi and Hyderabad to start operations by Q2 2017-18 through addition of 1000 plus bikes and 100 plus pickup points (Franchise and Co-Owned)

We have currently offered over 7000 days of bike rides to our customers and they keep coming back

Franchise Support-

Centralised customer care for lead nurturing and execution.

Top Leaders in Bike Rental Space.

Success in maintaining customer and retentions.  

All relevant training and support would be provided by us.

ROI within one year on initial investments.

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Note:The Franchisor is looking for Franchisee who fulfils the above mentioned geographical criteria. Kindly fill the form, if you are meeting the above criteria.

Rent a Bike Investment Details

Commenced Dates
Date Commenced Operations
2013
Date Commenced Franchising / Distribution
2015
Franchise Details
Units
Area
Investment
Franchise/Brand Fee
Royalty/Commission
Store Wise
Rs. 5lac - 10lac
25
Master / Multi Units
Area
Investment
Unit/Brand Fee
Master/Brand Fee
Royalty/Commission
City Wise
Rs. 5lac - 10lac
250000
250000
25
Expansion Locations
North
Haryana, Himachal Pradesh, New Delhi, Punjab, Uttaranchal, Uttar Pradesh 
South
Karnataka, Kerala, Tamil Nadu, Telangana 
East
Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Orissa, Sikkim, Tripura, West Bengal 
West
Goa, Gujarat, Maharashtra, Rajasthan 
Center
Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh 
Union Territories
Chandigarh, Lakshadweep, Pondicherry 
Franchise Details (Optional)
Want to expand
Nationwide
Exclusive territorial rights to a unit
No
Performance guarantee to unit franchisee
No
Anticipated percentage return on investment
20
Likely pay back period of capital for a unit franchise
Other investment requirements

Rent a Bike Property Details

Type of property required for this franchise opportunity
Commercial
Floor area requirement
200 - 400 Sq.ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet
Office, City and Residential Hubs

Rent a Bike Training Details

Detailed operating manuals for franchisees
No
Where is franchisee training provided?
Centralised and Local for Large Distributorship
Is field assistance available for franchisee?
Yes
Will someone from Head Office provides assistance to franchisee in opening the franchise?
Yes
What IT systems do you presently have that will be included in the franchise?
Yes

Rent a Bike Agreement & Term Details

Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
5 years
Is the term renewable?
Yes
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rentabike
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