Rs 28 lakhs
Investment Range
1500 square feet
Area Required
200-500
Franchise Outlets
2020
Establishment Year
Okaya Electric Scooter Products and Services
In an ever changing, ever evolving world, inevitable is just a stone’s throw away. While the automobile industry undergoes a massive disruption for the first time in a century, its only natural we move with it. And here we are. With 38 years of experience in spearheading the energy storage industry, we bring you sustainable mobility that’s built from the heart – built to deliver – and built to last. Welcome to a new revolution in electric two wheelers. Welcome to Okaya Electric Vehicle.
Okaya EV offers its dealerships to those who are keenly interested. When you take up its dealership model you become a part of a homegrown brand. All the two-wheeler electric scooters manufactured and sold by Okaya have an Indian-originated name for them. So, whenever customers buy them they not only buy an electric scooter but, they are becoming a part of the nation. Further in this article, we will talk about almost everything about Okaya Electric Scooter dealership.
OLA Electric Scooter Dealership: OLA Electric scooter franchise is a great opportunity to invest. The world is moving toward electric vehicles, it is obvious that the future is not about petrol and diesel vehicles but Electric. OLA is tapping this opportunity early and expecting great future growth as the nature of the market will be electric engine-centric. This can be also a great business opportunity for franchise holders with massive future opportunities.
OLA Electric Mobility Private Ltd. has launched its electric scooter for the Indian market on 15, August 2021. Their main manufacturing plant is based in Tamil Nadu, India and it will be done in India and Netherlands. In this article, we will learn about How to get an OLA electric scooter dealership in India, the cost of an electric scooter dealership, what documents require to start the application and, how to apply online.
Okaya Electric Scooter Cost and Investment
Commenced Operations
Operations commenced on
2020
Franchise commenced on
2020
Franchise Details
UNITS
Investment
Rs 28 lakhs
Franchise/Brand fee
Rs 1.5 lakhs
Royalty/Commission
8-9
Details
Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
25%
Likely payback period
1-3 Years
Other investment requirements
no
Okaya Electric Scooter 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,
Okaya Electric Scooter Property Requirements
Type of property required for this franchise
Commercial
Floor area requirement
1500 square feet
Preferred location of unit
Semi Commercial
Okaya Electric Scooter Training
Training location
Regional office
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes
Okaya Electric Scooter 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