Pickbids - Payment Service Franchise Opportunity

7.3 / 10  ·  Established in 2019, 3 Franchisees currently, Headquartered in Bangalore


All Formats

Format Investment Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
Business Office USD 6.6 - 13.2 thousand USD 4 thousand 200 - 500 Sq Ft 10 USD 6.6 thousand 35% Franchise partners will receive 70% of the commission generated from the sales made by businesses that they onboarded on to the platform.
Format Name Business Office
Investment USD 6.6 - 13.2 thousand
Brand Fee USD 4 thousand
Space 200 - 500 Sq Ft
Staff 10
Expected Monthly Sales USD 6.6 thousand
Profit Margin 35%
Royalty / Commission Franchise partners will receive 70% of the commission generated from the sales made by businesses that they onboarded on to the platform.

About Pickbids

Pickbids is an online platform that will enable customers and local merchants to find the best deals, offers, and coupons. Currently, the platform is in the beta phase and we are expecting to launch in a month.

We have currently tied-up with 300+ business and are in advanced discussions with over 500 brands.

Revenue model: Monthly and yearly subscription plans for users.

We are looking for franchise partners across major cities in India to expand vendor tie-ups. Franchise partners are expected to have an existing network and marketing expertise. They will establish tie-ups with business vendors and onboard the business on to our platform. Franchise partners will have a target (number of tie-ups) to achieve and they will get paid based on the sales commission we receive from the tied-up vendors. Franchise partner will receive 70% of the commission and we will keep 30%. We also charge a one-time brand fee of INR 3 lakh.

Products and Services

Online platform for customers to find offers, promotions, gifts, and exclusive deals.

Preferred Locations

Bangalore, Hyderabad, Chennai, Delhi, Surat, Kolkata, Ahmedabad, Jaipur, Mumbai.

How to get Pickbids 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?

- Franchise partners will have to establish tie-ups with business vendors and onboard them on to the platform.

- Franchise partners are expected to have an existing network and marketing expertise.

Support you can expect from the company

We can provide support for staff recruitment, and marketing material.

Recent Activity

Profile Stats

  • 900+ Page Views
  • 500+ Investor Views

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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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