Rs. 2lakhs -5 lakhs
Investment Range
200 - 300 Sq.ft
Area Required
30+
Franchise Outlets
2015
Establishment Year

Exa Ride Products and Services


Welcome to Exa Mobility's Franchise Owned Franchise Operated (FOFO) Business Partnership Program

Own Electric Vehicle Rental Business Franchise offered by Exa Ride®!

Exa Ride® is a service launched by Exa Mobility India Pvt. Ltd. for Electric Scooter Rentals and Sharing. Exa Ride® currently operates in Pune, Navi Mumbai, Thane City, Nashik & Goa.

 

₹0 (Limited Period)

Franchise Fee

₹1,00,000

Deposit (Refundable)

₹2,00,000

Investment Per Electric Scooter

₹4,850/-

Expected Revenue Per Vehicle Per Month

 

HOW DO WE OPERATE?

1.E-commerce, logistics, delivery companies like Amazon & commuters need two wheelers on rental basis.

2.They search on Google to find nearby two wheeler rental service provider. This is where they find us!

3.We manage 125+ Electric Scooters​. We rent our scooters to these businesses & commuters. Average monthly rent is around ₹4500 based on the scooters they choose.

4.Expenses such as maintenance, admin and others per electric scooter per month is around ₹700. So average earning is around ₹3800 per scooter per month.

 

WHAT WILL YOU NEED TO START EXA'S FRANCHISE?

Minimum of 20 Electric Scooters to start with. We help you buy these at a lower price from our partner distributors.

 

A space to keep all these Electric Scooters parked & charged. Don't worry, most of your scooters will always be rented out so you won't need much space.

 

1 skilled mechanic. 1 skilled mechanic can handle a fleet of 50 Electric Scooters.

 

WHAT'S OUR ROLE?

CONSULT

We know managing such a big fleet of EVs can be stressful. We have learned our lessons from our experience & we are here to consult you in every small step to grow your business. Afterall, when you grow, we grow!

PROVIDE

What do you think are the major cash burning resources in a business? Website, app, booking system - we have all this in place already. We provide you with our best systems and services developed over these years.

MARKET

We have reached from 10 to 125+ EVs in a span of just 1 year. All thanks to the new age gigantic marketing platforms like Facebook, Instagram, Google and more. Our Digital Marketing efforts have paid off in growing our business at a faster pace.

Exa Ride Cost and Investment


Commenced Operations

Operations commenced on
2015
Franchise commenced on
2015

Franchise Details

UNITS

Investment
Rs. 2lakhs -5 lakhs
Franchise/Brand fee
1 Lakhs
Royalty/Commission
20%

Details

Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
30%
Likely payback period
12- 20 Months
Other investment requirements
Rs. 2 Lakhs - Rs. 5 lakh

Exa Ride Expansion Plans


NORTH

Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttar Pradesh, Uttarakhand,

SOUTH

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana,

EAST

Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Orissa, Sikkim, Tripura, West Bengal,

WEST

Goa, Gujarat, Maharashtra, Rajasthan,

CENTRAL

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh,

UNION TERRITORIES

Andaman & Nicobar, Chandigarh, Daman & Diu, Lakshadweep, Pondicherry,

Exa Ride Property Requirements


Type of property required for this franchise
Commercial
Floor area requirement
200 - 300 Sq.ft
Preferred location of unit
commercial

Exa Ride Training


Training location
HEAD OFFICE
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes

Exa Ride Agreement Details


Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
Lifetime
Is the term renewable?
Yes

Interested in above brand? Submit your interest here.

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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
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