Brand Details

About CredR Bike Showroom Franchise:

CredR Bike Showroom Franchise is India's largest integrated eco system forused/ second hand Two Wheelers. since 2015.

Second Hand Bikes in India are quite popular amongst people in the city and are sold in a price range which is much lower than the price of the brand-new models after complete bike inspection points. Second hand bikes in India are available to the customers in very good conditions from various CredR Showrooms in the city.

Top used bike brands in India include Honda, Hero, Yamaha, Royal Enfield, TVS Motors, Bajaj,Suzuki, Mahindra, etc.

Keypoints:

• Annual Turnover 200 Cr+

• 6 Cr+ Annual Traffic on CREDR.COM

• 100 Cr+ invested in the Business

• 1.2 L+ Bikes sold till December 2018

• 4.6 * Highest Customer Satisfaction Score

• 22 Live stores as of now

Contact Propertyyy Team to know more details about the Franchise.

Franchise Details

Anticipated percentage return on investment - 50 %

Likely pay back period of capital for a Unit Franchise1 - 2 Years

Property Details

Type of property required for this franchise opportunity - Commercial

Floor area requirement - 1000 Sq.ft

Preferred location of unit franchise outlet - Main road

Training Details

Franchisee training location - At Site

Is field assistance available for franchisees? - Yes

Expert guidance from Head Office to franchisee in opening the franchise - Yes

Current IT systems will be included in the franchise - Yes

Agreement & Terms Details

Do you have a standard franchise agreement? - Yes

How long is the franchise term for? - 3-No of years Years

Is the term renewable? - Yes

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    Industry

    Automotive

    Area Required

    1000 Sq.ft

    Investment Range

    Rs. 30 lacs - 50 lacs

    Expansion Locations

    PAN INDIA

    Establishment Year

    2015

    Franchise Launch Year

    2017

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