Drive Bikes - Motorcycle Dealer Franchise Opportunity
7 / 10 · Established in 2018, 1 Franchisee currently, Headquartered in Singapore
All Formats
| Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
|---|---|---|---|---|---|---|---|
| Physical Store/ Collection Point | USD 220 thousand | USD 0 | 54 - 538 Sq Ft | 2 | USD 260 thousand | 21% | 30% off gross monthly sales |
| Format Name | Physical Store/ Collection Point |
|---|---|
| Investment | USD 222 - 222 thousand |
| Brand Fee | USD 0 |
| Space | 54 - 538 Sq Ft |
| Staff | 2 |
| Expected Monthly Sales | USD 260 thousand |
| Profit Margin | 21% |
| Royalty / Commission | 30% off gross monthly sales |
Documents
About Drive Bikes
- Drive Bikes is an outdoor sports distributor established in 2018, specializing in power-assisted bicycles from the Eco Drive brand.
- We operate both a B2B and B2C model in Singapore.
- We are one of the pioneer distributors of power-assisted bicycles, even before the pandemic began.
- We currently set up a manufacturing unit.
- We generate monthly revenue of SGD 70k.
- Our products are used recreational and also by food delivery partners islandwide in Singapore.
- We pride ourselves on our high-quality mobility devices that adhere to the Land Transport Authority's national safety standards (EN15197:2015 for power-assisted bicycles).
- We strongly believe that all should be entitled to accessible and sustainable mobility devices, thus we constantly strive to keep our prices affordable and our products easy to operate.
Products and Services
- 48V 10.5Ah eco drive electric bicycle.
- Express electric scooter.
- Various 3 and 4 wheel personal mobility aids of different sizes.
- Miscellaneous riding accessories and bicycle spare parts.
Preferred Locations
Japan, United States, Germany, Netherlands.How to get Drive Bikes Franchise?
After the connection formalities will be explained and guided.
What are some of the things we look for in a Franchisee?
- We are open to various formats and models for beginning retail operations in the city/state/country of the franchisee's choice. Drive Bikes is keen to expand into countries like the US, Japan, the region of Europe and also any other emerging electric bicycle markets.
- Average profit margin 21% will be depending on the amount of stock provided to the franchise store.
- The commission is negotiable and will be depending upon the stock provided as well.
Support you can expect from the company
- We will provide the sales partner with the products and offer online marketing support of our brand products.
- Local marketing has to be done by the sales partner themselves.
- We will export the products to the overseas partners in bulk and help them through online mediums in case of queries.
- We are also able to cover costs incurred when setting up the physical store, etc.
Profile Stats
- 400+ Page Views
- 100+ Investor Views
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165 Investors viewed this Franchise.
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Frequently
Asked
Questions
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When was Drive Bikes established?Drive Bikes was established in 2018 in Singapore and is reported to have 1 Franchisee currently
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What is the investment required to take up Drive Bikes Franchisee?Investment required is SGD 300 thousand.
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What is the space requirement for taking up Drive Bikes Franchisee?Space required ranges from 54 - 538 sq ft depending on the format.
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What Franchisee formats does Drive Bikes offer?Drive Bikes offers 1 format, i.e Physical Store/ Collection Point.
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How to get Drive Bikes Franchisee?After the connection formalities will be explained and guided.