8.3 / 10 · Established in 2015, 5 Franchisees currently, Headquartered in Bangalore
|Format||Investment||Brand Fee||Space||Staff||Exp. Monthly Sales||Profit Margin||Royalty|
|Royal Brothers - Bike rental franchisee||USD 11 - 20 thousand||USD 700||200 - 400 Sq Ft||1||USD 2 thousand||25%||20%|
|Format Name||Royal Brothers - Bike rental franchisee|
|Investment||USD 11 - 20 thousand|
|Brand Fee||USD 700|
|Space||200 - 400 Sq Ft|
|Expected Monthly Sales||USD 2 thousand|
|Royalty / Commission||20%|
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.
1. Investment amount will completely be used for purchase of Bikes / Scooters.
Products and Services
Motorcycles / bikes / scooters for rent on self ride basis.
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.
Earlier than 15 daysRisk Analyst, Financial Services, Pune, Individual Investor / Buyer connected with the Business
Earlier than 15 daysOwner, Car Rental, Goa, Individual Investor / Buyer connected with the Business
Earlier than 15 daysOperations Executive, Travel Agency, Bangalore, Individual Investor / Buyer connected with the Business
- 10+ introductions
- 4000+ Page Views
- 2000+ Investor Views
When was Royal Brothers established?Royal Brothers was established in 2015 in Bangalore and is reported to have 5 Franchisees currently
What is the investment required to take up Royal Brothers Franchisee?Investment required ranges from INR 8 lakh - 15 lakh depending on the format offered.
What is the space requirement for taking up Royal Brothers Franchisee?Space required ranges from 200 - 400 sq ft depending on the format.
What Franchisee formats does Royal Brothers offer?Royal Brothers offers 1 format, i.e Royal Brothers - Bike rental franchisee.
How to get Royal Brothers Franchisee?Aspirant has to prove necessary skills required to run bike rental franchise.