Vehicle Rental Franchise Opportunity
ONN Bikes 7.3 /10
2016 Estd
·
30
Franchisees
· Pune HQ
· Listed By Management Member
All Formats
Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
---|---|---|---|---|---|---|---|
Vehicle Station | USD 1.7 - 17.3 thousand | USD 580 | 200 - 2,000 Sq Ft | 1 | USD 1.73 thousand | 40% | 23.6% as royalty which is inclusive of GST |
Format Name | Vehicle Station |
---|---|
Investment | USD 1.7 - 17.3 thousand |
Brand Fee | USD 580 |
Space | 200 - 2,000 Sq Ft |
Staff | 1 |
Expected Monthly Sales | USD 1.73 thousand |
Profit Margin | 40% |
Royalty / Commission | 23.6% as royalty which is inclusive of GST |
Documents
Prospectus for Partner Model
(2.3 MB)
Domain-Verification.pdf
(213.1 KB)
About ONN Bikes
- ONN Bikes is a multi-brand, 2-wheeler bike rental platform.- Currently operating in 8 cities across India - Bangalore, Mysore, Udaipur, Pune, Hyderabad and in Gujarat.
- The business has over 40 partners and 2,500 vehicles.
- On a daily basis, the platform gets around 250 bookings.
- Business has around 8L+ app downloads in the Play Store and App store.
Products and Services
We provide bikes for rent for our customers.
Preferred Locations
Bangalore,
Hyderabad,
Surat,
Ahmedabad,
Vadodara,
Gujarat,
Warangal,
Udupi,
Mangalore,
Madikeri,
Manipal,
Dwarka.
How to get ONN Bikes Franchise?
Connect with us on SMERGERS for further information.
What are some of the things we look for in a Franchisee?
The investment from the franchisee is a major requirement, apart from that their background in automobile and local media will be a plus but it is not a mandatory requirement.
Support you can expect from the company
The franchise will provide operational support, customer support, and also marketing support.The sales of the franchisee depend upon multiple things, if they have pre-owned vehicles which they wish to rent then they save a huge amount in operational costs.
The format can generate sales of INR 60k per month for a 10-vehicle station and the format for a 30-vehicle station can generate sales of INR 2L per month. The sales vary with the number of vehicles they wish to have.
Recent Activity
-
1 week agoOwner, Limestone Supplier, Koppa, Individual Investor / Buyer connected with the Business
-
1 week, 1 day agoTalent Acquisition Head, IT, Vadodara, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Travel, Kolkata, Individual Investor / Buyer connected with the Business
Profile Stats
- 10+ introductions
- 3000+ Page Views
- 1000+ Investor Views
Tags:
Vehicle Rental franchise in Vadodara
·Vehicle Rental franchise in Ahmedabad
·Bike Rental franchise in Manipal
·Bike Rental franchise in Vadodara
·Vehicle Rental franchise in Bangalore
·Car Rental franchise in Bangalore
·Bike Rental franchise in Madikeri
·Car Rental franchise in Manipal
·Vehicle Rental franchise in Surat
·Car Rental franchise in Hyderabad
·Car Rental franchise in Mangalore
·Car Rental franchise in Warangal
·Bike Rental franchise in Udupi
·Vehicle Rental franchise in Warangal
·Bike Rental franchise in Hyderabad
·Car Rental franchise in Ahmedabad
·Vehicle Rental franchise in Gujarat
·Vehicle Rental franchise in Udupi
·Vehicle Rental franchise in Dwarka
·Bike Rental franchise in Warangal
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
You might also be interested in these
opportunities
Frequently
Asked
Questions
Asked
Questions
-
When was ONN Bikes established?ONN Bikes was established in 2016 in Pune and is reported to have 30 Franchisees currently
-
What is the investment required to take up ONN Bikes Franchisee?Investment required ranges from INR 1.5 lakh - 15 lakh depending on the format offered.
-
What is the space requirement for taking up ONN Bikes Franchisee?Space required ranges from 200 - 2000 sq ft depending on the format.
-
What Franchisee formats does ONN Bikes offer?ONN Bikes offers 1 format, i.e Vehicle Station.
-
How to get ONN Bikes Franchisee?Connect with us on SMERGERS for further information.