INR 30 Lac - 50 Lac
Investment Range
1200 - 2000 Sq.ft
Area Required
Less than 10
Franchise Outlets
2015
Establishment Year
Cred R Products and Services
About Us:
CredR - Your Trusted Used Two-Wheeler brand is a revolutionized platform that solely deals with buying, selling, and exchanging used two-wheelers/ pre-owned bikes. Our mission is to offer best-in-class service with transparency, genuinity, and accuracy.
Our showrooms at the top destinations like Bangalore, Pune, Delhi NCR, Jaipur, Chittorgarh, Faridabad, Bhilwara, Ravet and many more have the foremost collection of pre-owned bikes, scrutinized based on 120+ levels of the checklist by the auto expert. Browse the top collection of branded bikes like Yamaha, Suzuki, TVS, Piaggo, KTM, Mahindra, Kawasaki, Royal Enfield, Hero, Honda, Harley Davidson, and many more. The showroom experience is now right at your fingertips by using the app.
Contactless & Transparent service
- CredR assured that you could sell a bike and buy a used bike online. 100% online means you can self-inspect your motorcycle. There are no hidden charges, all are transparent, and you can ultimately save more.
Finest assorted range
- We ensure the quality of the used bikes to be finest in all possible ways. All the 100% certified bikes have passed through 120+ levels of checkpoints for quality purposes.
As impressive as a new two-wheeler: Refurbished bikes
- We spend an average amount of nearly Rs.10,000 to Rs. 12,000 on every bike to get it refurbished for maintaining good condition.
Swift financing
- Get hassle-free quick financing done with minimum documentation and no legal issues. We take complete responsibility for the services.
Experience 360 degrees of bike tour
- You can experience 360 degrees of the bike model before placing your order. All the parts of the bike are showcased well for clarity.
Doorstep service
- Opt for self-inspection and get your bike sold at the doorstep. There is no question of coming to the showroom as you can now book your schedule online and take a test drive at Rs.399 from home. Buying or selling a used bike is easy; there are zero additional charges for home delivery of used bikes.
Cred R Cost and Investment
Commenced Operations
Operations commenced on
2015
Franchise commenced on
2016
Franchise Details
UNITS
Investment
INR 30 Lac - 50 Lac
Franchise/Brand fee
INR 400000
Royalty/Commission
0
Details
Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
50 %
Likely payback period
1-2 Years
Other investment requirements
no
Cred R 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,
Cred R Property Requirements
Type of property required for this franchise
Commercial
Floor area requirement
1200 - 2000 Sq.ft
Preferred location of unit
Semi Commercial
Cred R Training
Training location
Regional office
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes
Cred R 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