Rent a Bike Franchise 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. Hurry up! Buy your Rent a Bike Franchise now.
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 |
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 |
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 |
Do you have a standard franchise agreement? |
Yes |
How long is the franchise term for? |
5 years |
Is the term renewable? | Yes |
Category : Automotive
Area Req :
Franchise Outlets : Less than 10
Investment: Rs. 5 Lac - Rs. 10 Lac