Business Categories
Bicycle

SKR BICYCLE BAZAAR Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    1000 - 1500 Sq.ft
  • Investment Range
    INR 20.00 Lakh - 30.00 Lakh
  • No. Of Franchise Outlets
    Less than 10

About brand - SKR BICYCLE BAZAAR

SKR Bicycle Bazaar has made a name for itself in the list of top suppliers of men's bicycles and kidsbicycles in India. The supplier company is located in Bengaluru, Karnataka, and is one of the leading sellers of bicycles. 

Support for the Franchisee:

  • The blueprint and design of the outlets
  • Efficient supply chain and logistics
  • Taking care of the quality of products and services delivered to the franchisee as well as to the end customers.

Rural format: SKR bicycle store

  • Initial investment of less than Rs. 6 lakh
  • A shop size of a minimum of 300–500 sq feet
  • Service area of 100 square feet
  • We need to provide basic infrastructure.

Urban format: SKR BICYCLE BAZAAR Exclusive Showroom

  • Initial investment of Rs. 15–20 lakhs, depending on the city
  • A shop size of 1000–1200 square feet
  • Service area of 300 square feet
  • We need to provide basic infrastructure.

What do we offer for the rural format?

  • Company support in branding and visibility
  • Return on Investment 10% in first year, ability to grow to 20% in second year
  • Potential to grow at 25% year over year
  • Revenue stream from other sources – sale of Spares & Service.
  • Payback period less than 2 year
  • A profitable business for younger generations and peole who are looking for a good lifetime business

For the Urban Concept:

  • Company support in branding and visibility
  • Return on Investment: 10% in the first year; ability to grow to 20% in the second year
  • Potential to grow by 25% year over year
  • Revenue stream from other sources: sale of spares and services.
  • Payback period less than 3 years
  • A profitable business for younger generations and people who are looking for a good lifetime business

This is what will bring you closer to your dreams. Connect today for more information!

 

SKR BICYCLE BAZAAR Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2018

Franchise Commenced On 2020

Franchise Details
Units

Investment INR 20lakh - 30lakh

Franchise/Brand Fee INR 280000

Royalty/Commission 1 %

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 25 %

Likely pay back period of capital for a Unit Franchise 2-3 Years

Other investment requirements Need to provide basic infrastructure

SKR BICYCLE BAZAAR Expansion Plans

North

- NA -

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

 

SKR BICYCLE BAZAAR Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 1000 - 1500 Sq.ft

Preferred location of unit franchise outlet MAIN ROAD WITH GROUND FLOOR

SKR BICYCLE BAZAAR Franchise Training

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

SKR BICYCLE BAZAAR Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? Lifetime

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.

How to get SKR BICYCLE BAZAAR Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get a SKR BICYCLE BAZAAR franchise, you can fill up the application form provided on the website and our expert team will guide you with all the details viz. SKR BICYCLE BAZAAR franchise fee, SKR BICYCLE BAZAAR franchise cost, SKR BICYCLE BAZAAR apply process and more. Our team will guide you during the process to avail SKR BICYCLE BAZAAR franchise.

Interested in SKR BICYCLE BAZAAR Franchise? Apply here

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