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Svitch Bike 8.7 /10

2019 Estd  ·  125 Dealers  ·  Ahmedabad HQ  ·  Listed By Management Member
This Company is on a Premium Plan
All Formats
Format Investment including Brand Fee Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
Dealership USD 58 - 115 thousand USD 1.15 thousand 800 - 1,200 Sq Ft 4 USD 21 thousand 15% We charge a one-time royalty of INR 1 lakh.
Format Name Dealership
Investment USD 58 - 115 thousand
Brand Fee USD 1.15 thousand
Space 800 - 1,200 Sq Ft
Staff 4
Expected Monthly Sales USD 21 thousand
Profit Margin 15%
Royalty / Commission We charge a one-time royalty of INR 1 lakh.
Documents
About Svitch Bike
SVITCH Bike is a premium electric foldable bicycle brand based out of Ahmedabad, Gujarat, India with a product portfolio of 4 premium electric foldable bicycles. SVITCH Bike is an OEM which supplies its bikes worldwide. SVITCH Bike has 125+ dealership & distributorship touchpoints.
Across pan-India with its experience showrooms in Ladakh, Ahmedabad, Bengaluru & in Hyderabad. SVITCH Bike is owned & endorsed by multiple leading celebrities, business owners & high net worth individuals.
The business model of the company relies on the sale of bikes online, and the rotation of bikes to the consumer nationally & internationally in terms of B2C.
In terms of B2B, the revenue generation takes place via dealer bike rotation on either company-generated lead, footfall by the customer, or direct booking.
Products and Services
SVITCH Bike is into Manufacturing & Selling of Premium Electric Foldable Bicycles in India. There are 4 electric variants: XE+, XE, LITE XE & MXE.
After gaining a considerable stronghold over the premium electric foldable bicycle market in India, we're diversifying towards the EV motorbike segment with the CSR762.
Preferred Locations
India.
How to get Svitch Bike Dealership?
Management will choose one of the best suitable dealer partners out of interested candidates after 3 rounds of screening for a particular location.
Connect with us on SMERGERS and we will guide you through the process.
What are some of the things we look for in a Dealer?
It will be a company-supported exclusive outlet. We're open to people who are diversifying their business ventures as EVs are the most booming industry in India right now. We're on the lookout for people who are young at heart & share our passion for EV Automobiles. We are seeking people who have a proactive approach towards life & who are climate conscious.
Support you can expect from the company
Rent, employee salary, marketing material, miscellaneous expenses, and dedicated support staff from HQ will be provided by the company. Capex & Opex cost will be netted by the company offering an assured minimum guaranteed return.
Recent Activity
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Contact Svitch Bike
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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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    Frequently
    Asked
    Questions
    • When was Svitch Bike established?
      Svitch Bike was established in 2019 in Ahmedabad and is reported to have 125 Dealers currently
    • What is the investment required to take up Svitch Bike Dealer?
      Investment required ranges from INR 50 lakh - 1 crore depending on the format offered.
    • What is the space requirement for taking up Svitch Bike Dealer?
      Space required ranges from 800 - 1200 sq ft depending on the format.
    • What Dealer formats does Svitch Bike offer?
      Svitch Bike offers 1 format, i.e Dealership.
    • How to get Svitch Bike Dealer?
      Management will choose one of the best suitable dealer partners out of interested candidates after 3 rounds of screening for a particular location. Connect with us on SMERGERS and we will guide you through the process.
    • Show more