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Category

 Business Services

Investment Required (in INR)

20 Lacs

Space Required (in Sq. Feet)

500-700 SQFT

ROI (expected)

15-18 months

Franchise Type

FOFO


 Brand Information

Headquarter

Pune

Total Franchise Outlets

 1

Google Review Ratings

4/5

Year Established

2020

Founders

Neelabja Saha  

Products / Services Offered

Ev bikes and rental business

Vision of the Brand

Provide eco-friendly and affordable EV rentals.

Mission of the Brand

Establish a reliable charging infrastructure to reduce range anxiety.


Create a centralized platform for electric bike rentals to improve customer experience.



 Expansion Preference

Preferred Locations for Expansion: Regions where the brand is focusing its franchise growth.

PAN India


 Financial Details

Franchise Fee

 2.5 Lacs + GST

Franchise Royalty (%)

 No

Establishment Costs

16-18 lacs 

Total Investment Required: Includes franchise fee, setup costs, and additional charges.

20 Lac

Expected ROI (Return on Investment)

50%

Payback Period: Estimated time to recoup the investment.

15-18 months


 Operational Requirements

Area Required: Minimum space needed for setup

500-700 SQFT

Staffing: Number and type of staff needed

2-3

Training Support: Training provided by the franchisor

Yes


 Marketing & Sales Support

Marketing Support: Advertising and promotional assistance offered

Yes

Sales Support: Guidance on driving revenue and customer acquisition

Yes


 Infrastructure & Materials Support

Raw Material Supply: Support in sourcing inventory/raw materials

Yes

Interior Design Assistance: Help in designing and setting up the franchise outlet

Yes

Site Selection Assistance: Guidance on choosing the right location

Yes


 Legal & Agreement Terms

Agreement Tenure: Duration of the franchise agreement.

5 Years

Renewal Terms: Conditions for renewing the franchise agreement.

5 Years

₹ 0.00 ₹ 0.00 Tax Excluded

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