25Lac-30Lac
Investment Range
1200- sq.ft
Area Required
Outlets 75
Franchise Outlets
2011
Establishment Year
Cycle World Products and Services
Team Cycle World - the widest range of Domestic and International Bicycles available for sale across India. Team Cycle World has bicycles in vivid categories: Kid's Bikes, MTBs, Hybrid, Road Bikes, City Bikes, and Speciality Bicycles. Each of the categories is specialized with its own modular structures and convenient features as well. The uniqueness in structure is the main factor of the product to stand out.
Cycle World Cost and Investment
Commenced Operations
Operations commenced on
2011
Franchise commenced on
2012
Franchise Details
UNITS
Investment
25Lac-30Lac
Franchise/Brand fee
300000
Royalty/Commission
5%
Details
Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
5 %
Likely payback period
24-30 month
Other investment requirements
0 %
Cycle World Expansion Plans
NORTH
SOUTH
EAST
WEST
CENTRAL
UNION TERRITORIES
Cycle World Property Requirements
Type of property required for this franchise
Domestic
Floor area requirement
1200- sq.ft
Preferred location of unit
Semi Commercial
Cycle World Training
Training location
At brand outlet
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes
Cycle World Agreement Details
Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
Lifetime
Is the term renewable?
Yes
About Franchise Times
Who We Are?
Franchise Times was promoted by professionals with over 25 years of hands on experience in Franchising. The foundations of Franchise Times were laid to assist entrepreneurs from start-ups, SMEs NGOs and corporates to develop sustainable franchise networks. Our multi-disciplinary and tested approach ensures that the appropriate talent and experience are applied at every stage of our work to ensure our clients' business needs are served professionally and in a cost effective manner.At Franchise Times our success is measured by the growth of our clients' businesses. Within a decade of operation we have created over Rs. 5 million worth of enterprise value for our clients. We've advised over 200 networks and established multiple franchised network locations in India and abroad. We know exactly what it takes to grow a business - many of our clients have come to us with a single location and we've assisted their expansion to India and abroad.
Franchising is a wonderful way to go into business for yourself, but not by yourself. Franchising is an example of teamwork at its best, bringing together talents of a dedicated professionals and management team with hard work, zeal and entrepreneurial spirt of franchisees at the local level to serve our customers.
What We Do?
Franchise Times can help you expand your network in existing and new markets (globally), acquire new clients and increase your revenue, all at a substantially reduced costs.At Franchise Times we follow an innovative approach that offers customized solutions to meet your specific needs in franchising. Staffed with professionals in sales, marketing, logistics and legal who are well empowered and phone-productive, we bring transformational rewards to your business.
Our offering include
- Franchise Opportunities
- Buisness Consulting
- Digital Consulting
- Awards and Events