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

RENTELO Products and Services


Rentelo aims to make bike rental easy and solve India's mobility problems. Starting with 20 bikes at one location in 2021, we now have 1000+ bikes at 3 locations in Bangalore, serving our customers with reliable and hassle-free rental services.With the Rentelo Franchise Program, you can own a successful rental business with low start-up costs and the backing of a reputable brand.

 

Our team will help you set up everything you needed from purchasing new vehicles, to branding, marketing and everything in between.

 

Waseem Syed, a passionate bike enthusiast & Chief Executive Officer of RENTELO , always believed that vehicle ownership should not prevent personal mobility and exploration.

 

With an objective to turn his belief into reality for a larger audience across Bangalore India, he laid the foundation of “RENTELO” in Feb 2021. A customer-centric company, enabling premium riding experience to its customers at not so premium price without having the burden of purchase/ownership costing & challenges.

Our Work

Regular Maintainance

Rentelo conducts regular maintenance checks on all vehicles to ensure they are in top condition and meet safety standards.

Sanitization

Rentelo ensures that all vehicles are thoroughly cleaned and sanitized before handing them over to customers to ensure their safety and comfort.

Safety

Rentelo conducts quality checks on all vehicles to ensure that they are in perfect working order and ready for use by customers.

Quality

Rentelo ensures that all vehicles are equipped with necessary safety features, such as functioning headlights, battery brakes, and turn signals, before handing them over to customers.

RENTELO 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. 8 Lakhs - Rs. 10 lakh

RENTELO 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,

RENTELO Property Requirements


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

RENTELO Training


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

RENTELO 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
  • Buisness Consulting
  • Digital Consulting
  • Awards and Events