Bharat Cycles
Bharat Cycles
Bharat Cycles – Your One-Stop Destination for High-Quality Bicycles and Accessories
Top Speed Cycle, a venture by Bharat Cycles, is a premier bicycle retailer that offers a wide range of high-quality bicycles and accessories from reputed brands, including an exclusive deal with Firefox brand. Our bicycles are designed and built to the highest quality standards to offer you the best riding experience and last longer.
With over 40 years of experience in the industry, we have successfully sold, rented, and repaired bicycles across multiple cities. We are currently running 10+ stores and plan to open 100+ stores pan-India in the next 5-10 years, with a target turnover of 100 cr+.
Partnering with Top Speed Cycle comes with many benefits, including:
- Multi-Brand Supply Chain: We offer a diverse range of products from top brands to cater to different customer needs.
- Best Margins & Commissions Offered: Our franchisees can enjoy high margins and incentives, along with a commission of 5-7% for online orders fulfillment through stores.
- Technical Support from Company: We provide technical support to our franchisees, including training arrangements with partner brands and quality checks on products before supplying them.
- Inventory in Form of Working Capital: We offer inventory as working capital to our franchisees to help them run their stores smoothly.
- Advance ERP to Track Sales, Commissions and Inventory: Our advanced ERP system helps franchisees track sales, commissions, and inventory easily.
- Technical Skills Certifications for Franchisee: We provide technical skills certifications to our franchisees to help them enhance their skills and knowledge.
- Marketing & Social Media Campaigns: We run marketing and social media campaigns to generate traffic at our stores and help our franchisees increase their sales.
- Additional Margin for High Sales: We offer additional margins to our franchisees for high sales.
Partnering with us can help you establish a successful business in the growing bicycle industry. With a total investment of only 25 L (including 10L fixed cap), you can become a part of our network of successful franchisees. Contact us today to learn more about our partnership opportunities!”
Franchise Details
INVESTMENT DETAILS
Commenced Operations
Operations Commenced On – 2011
Franchise Commenced On – 2021
Details | |
---|---|
Exclusive territorial rights to a unit franchisee | Yes |
Anticipated percentage return on investment | 70% |
Likely pay back period of capital for a Unit Franchise | 2-2 Years |
Investment
Franchise/Brand Fee
Royalty/Commission10
INR 20lac – 30Lac
INR 2,00,000
0 %
EXPANSION LOCATIONS
NORTH
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
SOUTH
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
EAST
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
WEST
Gujarat, Rajasthan, Maharashtra, Goa
PROPERTY DETAILS
Type of property required for this franchise opportunity
Floor area requirement
Preferred location of unit franchise outlet
Training Detail
Commercial
500-800 Sqft
Any
Is field assistance available for franchisee ?
Current IT systems will be included in the franchise
Franchisee training location
Training Detail
yes
yes
yes
Head Office
How long is the franchise term for?
Is the term renewable?
yes
5 Yrs
yes
Interested in above brand? Submit your interest here.