Royal Brothers - Vehicle Rental Franchise Opportunity

8.1 / 10  ·  Established in 2015, 5 Franchisees currently, Headquartered in Bangalore


All Formats

Format Investment Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
Royal Brothers - Bike rental franchisee USD 11.3 - 21.1 thousand USD 700 200 - 400 Sq Ft 1 USD 2.1 thousand 25% 20%
Format Name Royal Brothers - Bike rental franchisee
Investment USD 11.3 - 21.1 thousand
Brand Fee USD 700
Space 200 - 400 Sq Ft
Staff 1
Expected Monthly Sales USD 2.1 thousand
Profit Margin 25%
Royalty / Commission 20%

Documents

About Royal Brothers

Idea, business model and its USP:

The main objective of idea is to owe affordability of renting a ride for commuting / traveling between destinations without an hassle of owning a motorbike. Also, to fill the void exist with public transport and cabs through scooter rentals. Thus, creating an alternate means of transport to commute between destinations, which addresses last mile connectivity issues of large mass of commuters.

Royal Brothers is an online platform which offer motorcycles and scooters for hire on self ride basis. Verified clients can rent motorcycles / scooters on hourly / daily / monthly basis as per their requirement.

We distinguish ourselves among immediate business competitors in bike rental market in following aspects:

1. Wide range of bike variants including scooters / mopeds (target clients: daily commuters for intra-city commute), mid-range motorcycles (budget commuters for intra-city commute and outstation travel), Cruisers (tourists and bikers for long off rides).

2. Multiple city presence with multiple pick up locations.

3. Good at vehicle health management by trained and skilled operations team members.

4. Franchisee model to transform from capital heavy to capital lite model.

5. Bike tagging model to increase the fleet size and make it a better platform in bike rental space.

6. One and only big player sustaining in bike rental space with 'Bootstrapping' technique.

7. Topping (1-3) google search only through quality service.

8. All bikes are enabled with GPS tracking device for better monitoring and security.

Note:

1. Investment amount will completely be used for purchase of Bikes / Scooters.

Products and Services

Motorcycles / bikes / scooters for rent on self ride basis.

Preferred Locations

India.

How to get Royal Brothers Franchise?

Aspirant has to prove necessary skills required to run bike rental franchise.

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

Passion towards startup culture.

Support you can expect from the company

Initial set up.

Tech platform.

Marketing.

Online bookings.

Recent Activity

Profile Stats

  • 3000+ Page Views
  • 1000+ 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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