Rs. 2lakhs -5 lakhs
Investment Range
200 - 300 Sq.ft
Area Required
30+
Franchise Outlets
2016
Establishment Year
Bykemania Products and Services
Finally
there is an investment opportunity to make substantially higher returns while
keeping asset ownership
Asset
maintained and insurance costs are borne by Bykemania.
You
have to just sit back and enjoy the returns with zero operational headache.
Why VOLARIS ?
Strong collateral
Vehicle ownership rests with investors till Bykemania fulfills the agreement to return the promised amount to investors.
Predictable returns
Our motorbikes are rented by people of all age groups from young college students to IT executives to delivery personnels. We clock >90% average capacity utilisation throughout the year.
Asset Security
Automated 24x7 Vehicle tracking system.
Vehicle Insurance
All motorbikes are insured for damage and theft.
Government Subsidy
Bykemania Cost and Investment
Commenced Operations
Operations commenced on
2016
Franchise commenced on
2016
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 - 24 Months
Other investment requirements
Rs. 8 Lakhs - Rs. 10 lakh
Bykemania 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,
Bykemania Property Requirements
Type of property required for this franchise
Commercial
Floor area requirement
200 - 300 Sq.ft
Preferred location of unit
commercial
Bykemania Training
Training location
HEAD OFFICE
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes
Bykemania 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