Franchise Type

FOFO

Headquarter

Pune

Total Franchise Outlets

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.

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

PAN India

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

Area Required: Minimum space needed for setup

Staffing: Number and type of staff needed

Training Support: Training provided by the franchisor

Yes

Marketing Support: Advertising and promotional assistance offered

Yes

Sales Support: Guidance on driving revenue and customer acquisition

Yes

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

Agreement Tenure: Duration of the franchise agreement.

5 Years

Renewal Terms: Conditions for renewing the franchise agreement.

5 Years