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Car Rental Services

Ridobiko Solutions Pvt Ltd

  • Area Req
    150 - 200 Sq.ft
  • Investment Range
    INR 2 Lac - 5 Lac
  • No. Of Franchise Outlets
    Less than 10
About Us

Ridobiko is a two-wheeler leasing firm operating in 40+ cities and having a strong presence in India. We have 150+ partners listed and total of 1400+ vehicles on the platform.

Ridobiko has 4+ years of track record in this field and helped partners to grow their business by 3x-4x and reduced their costs by 30%.

Investment Details

Commenced Operations

Operations Commenced On 2017

Franchise Commenced On 2021

Franchise Details
Units

Investment INR 2lac - 5lac

Franchise/Brand Fee INR 20000

Royalty/Commission 10 %

Details

Anticipated percentage return on investment 50 %

Likely pay back period of capital for a Unit Franchise 9-11 Months

Other investment requirements No

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, 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

 

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 150 - 200 Sq.ft

Preferred location of unit franchise outlet Near to bus stand, railway station, airport (Ground floor)

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location VIrtual meet, In person trainings

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? 3 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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