Hotline: 1800 102 2007
Hotline: 1800 102 2007
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  • Area Req
    400 - 800 Sq.ft
  • Investment Range
    INR 5 Lac - 10 Lac
  • Franchise Outlets
    No Outlets
Business Details

About Us:

Looking to serve the ever-growing market of electric personal mobility

Over the past 35 years, the team behind VFM have been dealers for one of the leading two-wheeler brands in India. With a customer base of 2,75,000+ proud customers, we are aware of changing needs and are also sensitive to our surroundings. VFM EV is looking to transform the effect of your commute and be part of the critical transition of energy use in India.
Our mission is to become a name synonymous with electric personal mobility. We begin this journey by dealing with the YObykes Brand of electric motor scooters and three wheelers.
VFM EV is part of the 'VFM Group of Companies' based in Bangalore with businesses ranging from automobile dealerships, auto component distribution, real estate holdings and the hospitality sector 
Why YObykes?
We assessed all the EV brands out there and their vision resonated with ours, to deliver the highest quality of two and three wheelers that are sustainable and affordable solutions to the Indian consumers. They are the first company to launch e-scooters in the country and have tailored their products to suit the Indian market. The company has partnered with us at VFM EV to offer their excellent rides to consumers in the southern region.  

Investment Details

Commenced Operations

Operations Commenced On 2018

Franchising / Distribution Commenced On 2019

Franchise Details

Investment INR 5lac - 10lac

Franchise/Brand Fee INR 25000

Royalty/Commission 4 %

Expansion Locations

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Union Territories

- NA -

Franchise Details

Likely pay back period of capital for a unit franchise 0- Months

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 400 - 800 Sq.ft

Training Details

Detailed operating manuals for franchisees Yes

Is field assistance available for franchisee ? Yes

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

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 1 Year

Is the term renewable? Yes

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