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Vroom Drive 6.8 /10

2016 Estd  ·  Bengaluru HQ
This transaction has closed and is no longer available.
This Company is on a Premium Plan
All Formats
Format Investment including Brand Fee Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
City Hub INR 1 - 2 crore INR 10 lakh 2,000 - 5,000 Sq Ft 10 INR 10 lakh 20% Royalty: 10 to 12 %
Format Name City Hub
Investment INR 1 - 2 crore
Brand Fee INR 10 lakh
Space 2,000 - 5,000 Sq Ft
Staff 10
Expected Monthly Sales INR 10 lakh
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
  • 10+ introductions
  • 2000+ Page Views
  • 1000+ Investor Views

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This transaction has closed and is no longer available. View other business opportunities on SMERGERS
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.