Business Categories
Bike Rental

Rent a Bike Franchise Details

  • Area Req
    200 - 400 Sq.ft
  • Investment Range
    INR 5 Lac - 10 Lac
  • No. Of Dealer/Distributor
    Less than 10

Rent a Bike Products and Services

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 covers 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.

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.

Rent a Bike Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2013

Distribution Commenced On 2015

Distribution Details
Units

Investment INR 5lac - 10lac

Royalty/Commission 25 %

Master / Multi Units

City Wise

Investment INR 5lac - 10lac

Unit/Brand Fee INR 250000

Master/Brand Fee INR 250000

Royalty/Commission 25 %

Details

Anticipated percentage return on investment 20 %

Rent a Bike Expansion Plans

North

Haryana, Himachal Pradesh, Delhi, Punjab, Uttaranchal, Uttar Pradesh

South

Karnataka, Kerala, Tamil Nadu, Telangana

East

Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

Union Territories

Chandigarh, Lakshadweep, Pondicherry

 

Rent a Bike Franchise Property Requirements

Type of property required for this dealership opportunity Commercial

Floor area requirement 200 - 400 Sq.ft

Preferred location of unit dealership outlet Office, City and Residential Hubs

Rent a Bike Franchise Training

Dealership training location Centralised and Local for Large Distributorship

Is field assistance available for Dealership ? Yes

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

Current IT systems will be included in the dealership Yes

Rent a Bike Franchise Agreement Details

Do you have a standard dealership agreement? Yes

How long is the dealership term for? 5 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.

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