|
Established
2017
|
Franchise Started
2021
|
Owned Outlets
8
|
Franchise Outlets
6
|
Investment
₹2 L – ₹5 L
|
Space Requirement
150
|
Brand Profile
Ridobiko is a two-wheeler leasing firm operating in 40+ cities and having a strong presence in India. We have 150+ partners listed and total of 1400+ vehicles on the platform
Ridobiko has 4+ years of track record in this field and helped partners to grow their business by 3x-4x and reduced their costs by 30%
Single Unit Investment for RIDOBIKO
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | ₹2 L – ₹5 L |
| 2 | Investments Includes |
Franchise Fee
Equipments Furniture and Fixtures Advertising / Marketing |
| 3 | Capital Investment | 2-5 lakh |
| 4 | Expected Payback Period | 9-12 months |
| 5 | Expected ROI | 50%% |
| 6 | Other Investment needed | No |
Master Franchise Investment for RIDOBIKO
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | |
| 2 | Franchise Fee | |
| 3 | Investments Includes |
Furniture and Fixtures
Advertising / Marketing |
| 4 | Capital Investment |
Important Points for RIDOBIKO 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 | 012 |
| 5 | Minimum Floor Area needed | 150 |
| 6 | Term of Franchise Agreement |
3 Franchise Agreement is renewableRenewal period: 3 |
| 7 | Other Important Points |
Minimum Guarantee given: 12 months
Facility provided Master Franchise Available Site Select Help given |
Frequently Asked Questions — RIDOBIKO Franchise
The expected investment for a RIDOBIKO franchise is ₹2 L – ₹5 L. This includes equipment, furniture & fixtures, advertising & marketing.
For the RIDOBIKO franchise, the expected payback period is 9-12 months and the expected ROI is 50%.
RIDOBIKO provides a training program for franchisees conducted at the franchise site.
A minimum floor area of 150 is required to open a RIDOBIKO franchise outlet.
Currently, RIDOBIKO does not list a Master Franchise opportunity. Single-unit franchise is available.
The RIDOBIKO franchise agreement term is 3. The agreement is renewable (renewal period: 3).
RIDOBIKO operates in the Travel & Tours sector. It is listed on Franchisezing under Travel & Tours franchise opportunities in India.