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Vroom Drive - Vehicle Rental Franchise Opportunity

6.3 / 10  ·  Established in 2016, Headquartered in Bangalore

This Company is on a Premium Plan

All Formats

Format Investment Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
City Hub USD 134 - 267 thousand USD 13 thousand 2,000 - 5,000 Sq Ft 10 USD 13 thousand 20% Royalty: 10 to 12 %
Format Name City Hub
Investment USD 134 - 267 thousand
Brand Fee USD 13 thousand
Space 2,000 - 5,000 Sq Ft
Staff 10
Expected Monthly Sales USD 13 thousand
Profit Margin 20%
Royalty / Commission Royalty: 10 to 12 %

Documents

About Vroom Drive

Vroom Drive, touted as one of the best affordable self driving car rental company, has enjoyed tremendous success and growth since its inception in May 2016. The company boasts a strong brand image with a track record of providing excellent customer service and the best practice for maintenance. Our Android app has more than 100k intalls and our app on iOS has a ratings of 4.7 stars.

Vroom Drive is one of the most influential car rental companies in terms of quality and cost. Company made the decision to franchise their business model following a thorough observation of the self-drive car rental market. Company is looking for franchisees across India. Franchisees will need to invest funds to buy vehicles and will be responsible to manage the fleet. Company will take care of booking, transaction and customer service and the franchisee's role will be to only manage the fleet.

Products and Services

Mobile app based self drive car rental company.

Preferred Locations

India.

How to get Vroom Drive Franchise?

Connect with us through SMERGERS and we will guide you through the process.

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

- The franchisee should be an energetic entrepreneur with basic knowledge of car rental industry and should have the capacity to purchase the offered fleet size (15-30 vehicles).

- Franchisees will need to register a firm with GST and find the parking space preferably in the city.

Support you can expect from the company

- The franchisee will receive two weeks training in Bangalore to start and grow their business.

- Company will ensure booking, registration and 24 / 7 dedicated customer support.

- Company will provide access to city wide tariff system, provide guidance for bulk procurement of vehicles and guidance on better deals for insurance.

- Would also provide branding and franchise guidance program at regular intervals.

Recent Activity

Profile Stats

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  • 1000+ Investor Views

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Contact Vroom Drive
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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 Vroom Drive established?
      Vroom Drive was established in 2016 in Bangalore.
    • What is the investment required to take up Vroom Drive Franchisee?
      Investment required ranges from INR 1 crore - 2 crore depending on the format offered.
    • What is the space requirement for taking up Vroom Drive Franchisee?
      Space required ranges from 2000 - 5000 sq ft depending on the format.
    • What Franchisee formats does Vroom Drive offer?
      Vroom Drive offers 1 format, i.e City Hub.
    • How to get Vroom Drive Franchisee?
      Connect with us through SMERGERS and we will guide you through the process.
    • Show more