Boongg

Vehicle Rental Franchise Opportunity
Established in 2015, 6 Franchisees currently
  • 1000+ Page Views
  • 1000+ Investor Views

All Formats

Format Name Investment Brand Fee Space Staff Expected Monthly Sales Profit Margin Royalty / Commission
Boongg - Gold USD 14.4 - 17.2 thousand USD 2.2 thousand 300 - 1,000 Sq Ft 1 USD 2.2 thousand 40% 15% royalty on gross sales
Boongg - Platinum USD 28.7 - 43.1 thousand USD 3 thousand 1,000 - 3,000 Sq Ft 3 USD 4.3 thousand 35% 15% royalty on gross sales
Format Name Boongg - Gold Boongg - Platinum
Investment USD 14.4 - 17.2 thousand USD 28.7 - 43.1 thousand
Brand Fee USD 2.2 thousand USD 3 thousand
Space 300 - 1,000 Sq Ft 1,000 - 3,000 Sq Ft
Staff 1 3
Expected Monthly Sales USD 2.2 thousand USD 4.3 thousand
Profit Margin 40% 35%
Royalty / Commission 15% royalty on gross sales 15% royalty on gross sales

Documents

About Boongg

Boongg is a bike rental platform that also provides bike servicing and purchase services. We have partnered with brands like Oyo, Swiggy and Zomato for bike rentals. We offer a wide range of bikes which are easily replaceable incase of a breakdown. Our team aims to bridge the gap between bike fanatics and their need for a perfect go-to for all their biking needs. Whether you’re a student in a new city or someone who just joined work - you can rent a bike for a day, a week or even a couple of months, leave your bikes at the station for maintenance and pick up some exclusive merchandise as well. We are looking to sign up franchise partners to increase the number of outlets we have.

Products and Services

Bike rental, Bike servicing, Bike purchase.

Preferred Locations

Bangalore, Hyderabad, Chennai, Pune, Ahmedabad, Mumbai, Rajasthan. HQ in Pune

How to own Boongg Franchise?

Connect with us over SMERGERS and we will guide you through the process.

What are some of the things we look for in a Franchisee?

Partner must be passionate and aggressively pursue this business opportunity.

Support you can expect from the company

We provide Training, Procurement, Marketing, ERP Automated Software.

Recent Activity

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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