Under 75 Lakhs
Investment Range
1000-1500 Sqft
Area Required
30+
Franchise Outlets
2008
Establishment Year
Ampere Electric Vehicles Products and Services
As the automobile industry in India is booming with the adaptation to electric vehicles, this growing trend is creating a lot of business opportunities in the electric vehicle sector.
If you are thinking of starting a business in the fast-growing electric vehicle market, then you can start an electric scooter dealership by taking an ampere electric scooter dealership.
Established in 2008, Ampere is a Coimbatore-based electric scooter manufacturing company. The company has a headquarters in Coimbatore.
Ampere has a 35-acre manufacturing facility in Ranipet, Tamil Nadu with an annual production capacity of 1.2 lakh electric scooters.
The company has two electric scooter models MagnusEX and Reo Plus in the market. Ampere has 450+ dealers spread across 350+ Indian cities.
Ampere Electric Vehicles Cost and Investment
Commenced Operations
Operations commenced on
2008
Franchise commenced on
2010
Franchise Details
UNITS
Investment
Under 75 Lakhs
Franchise/Brand fee
Rs. 5 Lakhs
Royalty/Commission
10%
Details
Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
18%
Likely payback period
24-30 month
Other investment requirements
Rs. 50 Lakhs
Ampere Electric Vehicles 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,
Ampere Electric Vehicles Property Requirements
Type of property required for this franchise
Commercial
Floor area requirement
1000-1500 Sqft
Preferred location of unit
Commercial
Ampere Electric Vehicles Training
Training location
Regional office
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes
Ampere Electric Vehicles 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