CREDR Franchise
Incredible Technologies Pvt. Ltd.
Automotive Franchise
Dealer and Distributor
4,952 views
|
Established
2015
|
Franchise Started
2017
|
Owned Outlets
1
|
Franchise Outlets
3
|
Investment
₹15 L – ₹20 L
|
Space Requirement
500
|
Brand Profile
It all began when the IITian trio - Nikhil, Nittin, Sumit went hunting for a used bike during their college days. After facing a lot of problems and having a really tough time, they ended up buying a faulty set of two wheels. That very day, they swore to change the face of used bike buying.
Thus CredR hit the roads in Feb 2015 with an aim to transform the whole industry scenario. We went on to create a new-age used bike buying, selling and exchange experience through CredR. Today, we strive to be the ultimate community for all two-wheeler users.
Single Unit Investment for CREDR
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | ₹15 L – ₹20 L |
| 2 | Investments Includes |
Franchise Fee: 300000
Equipments Furniture and Fixtures Advertising / Marketing |
| 3 | Capital Investment | 1000000 |
| 4 | Expected Payback Period | 18 Months |
| 5 | Expected ROI | 60%% |
Master Franchise Investment for CREDR
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | |
| 2 | Franchise Fee | |
| 3 | Investments Includes |
Furniture and Fixtures
Advertising / Marketing |
| 4 | Capital Investment |
Important Points for CREDR Franchise
| Sl | Heading | Description |
|---|---|---|
| 1 | Franchise Training Program |
Training Program available for the franchisee
Software-Hardware Support included in the Franchise Fees |
| 2 | Franchise Training Venue | Franchise Site |
| 3 | Franchise available in Regions |
Central
Eastern Northern Southern Western North-East All India |
| 4 | Area/Site Preference | 02 |
| 5 | Minimum Floor Area needed | 500 |
| 6 | Term of Franchise Agreement |
3 Franchise Agreement is renewable |
| 7 | Other Important Points |
Minimum Guarantee given
Facility provided Master Franchise Available Site Select Help given |
Frequently Asked Questions — CREDR Franchise
The expected investment for a CREDR franchise is ₹15 L – ₹20 L. This includes franchise fee.
For the CREDR franchise, the expected payback period is 18 Months and the expected ROI is 60%.
CREDR provides a training program for franchisees conducted at the franchise site.
A minimum floor area of 500 is required to open a CREDR franchise outlet.
Currently, CREDR does not list a Master Franchise opportunity. Single-unit franchise is available.
The CREDR franchise agreement term is 3. The agreement is renewable.
CREDR operates in the Automotive sector. It is listed on Franchisezing under Automotive franchise opportunities in India.