Vehicle Rental Franchise Opportunity
Boongg 6.7 /10
2015 Estd
·
21
Franchisees
· Pune HQ
All Formats
| Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
|---|---|---|---|---|---|---|---|
| Boongg - Gold | USD 12 - 14.3 thousand | USD 1.8 thousand | 300 - 1,000 Sq Ft | 1 | USD 1.8 thousand | 40% | 15% royalty on gross sales |
| Boongg - Platinum | USD 24 - 36 thousand | USD 2.4 thousand | 1,000 - 3,000 Sq Ft | 3 | USD 3.6 thousand | 35% | 15% royalty on gross sales |
| Format Name | Boongg - Gold | Boongg - Platinum |
|---|---|---|
| Investment | USD 12 - 14.3 thousand | USD 24 - 36 thousand |
| Brand Fee | USD 1.8 thousand | USD 2.4 thousand |
| Space | 300 - 1,000 Sq Ft | 1,000 - 3,000 Sq Ft |
| Staff | 1 | 3 |
| Expected Monthly Sales | USD 1.8 thousand | USD 3.6 thousand |
| Profit Margin | 40% | 35% |
| Royalty / Commission | 15% royalty on gross sales | 15% royalty on gross sales |
Documents
About Us
(680.5 KB)
Franchise Fast Fact and Returns
(392.7 KB)
Certificate of Incorporation
(310.3 KB)
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.
How to get 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
-
Earlier than 15 daysTechnical Support Engineer, Oil And Gas - Chemicals, Ahmedabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Automobile Service, Jaipur, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysVertical Head, Insurance, Mumbai, Individual Investor / Buyer connected with the Business
Profile Stats
- 10+ introductions
- 4000+ Page Views
- 2000+ Investor Views
Tags:
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Contact Boongg
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Frequently
Asked
Questions
-
When was Boongg established?Boongg was established in 2015 in Pune and is reported to have 21 Franchisees currently
-
What is the investment required to take up Boongg Franchisee?Investment required ranges from INR 10 lakh - 30 lakh depending on the format offered.
-
What is the space requirement for taking up Boongg Franchisee?Space required ranges from 300 - 3000 sq ft depending on the format.
-
What Franchisee formats does Boongg offer?Boongg offers 2 formats, i.e Boongg - Gold,Boongg - Platinum.
-
How to get Boongg Franchisee?Connect with us over SMERGERS and we will guide you through the process.