ONN Bikes - Vehicle Rental Franchise Opportunity
8.4 / 10 · Established in 2016, 30 Franchisees currently, Headquartered in Pune
All Formats
| Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
|---|---|---|---|---|---|---|---|
| Vehicle Station | USD 1.8 - 18 thousand | USD 600 | 200 - 2,000 Sq Ft | 1 | USD 1.8 thousand | 40% | 23.6% as royalty which is inclusive of GST |
| Format Name | Vehicle Station |
|---|---|
| Investment | USD 1.8 - 18 thousand |
| Brand Fee | USD 600 |
| Space | 200 - 2,000 Sq Ft |
| Staff | 1 |
| Expected Monthly Sales | USD 1.8 thousand |
| Profit Margin | 40% |
| Royalty / Commission | 23.6% as royalty which is inclusive of GST |
Documents
About ONN Bikes
- ONN Bikes is a multi-brand, 2-wheeler bike rental platform.
- Currently operating in 8 cities across India - Bangalore, Mysore, Udaipur, Pune, Hyderabad and in Gujarat.
- The business has over 40 partners and 2,500 vehicles.
- On a daily basis, the platform gets around 250 bookings.
- Business has around 8L+ app downloads in the Play Store and App store.
Products and Services
We provide bikes for rent for our customers.
Preferred Locations
Bangalore, Hyderabad, Surat, Ahmedabad, Vadodara, Gujarat, Warangal, Udupi, Mangalore, Madikeri, Manipal, Dwarka.How to get ONN Bikes Franchise?
Connect with us on SMERGERS for further information.
What are some of the things we look for in a Franchisee?
The investment from the franchisee is a major requirement, apart from that their background in automobile and local media will be a plus but it is not a mandatory requirement.
Support you can expect from the company
The franchise will provide operational support, customer support, and also marketing support.
The sales of the franchisee depend upon multiple things, if they have pre-owned vehicles which they wish to rent then they save a huge amount in operational costs.
The format can generate sales of INR 60k per month for a 10-vehicle station and the format for a 30-vehicle station can generate sales of INR 2L per month. The sales vary with the number of vehicles they wish to have.
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Earlier than 15 daysProprietor, Beverage Manufacturer, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProject Manager, IT Services, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Printer, Secunderabad, Individual Investor / Buyer connected with the Business
Profile Stats
- 10+ introductions
- 2000+ Page Views
- 1000+ Investor Views
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1505 Investors viewed this Franchise.
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Frequently
Asked
Questions
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When was ONN Bikes established?ONN Bikes was established in 2016 in Pune and is reported to have 30 Franchisees currently
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What is the investment required to take up ONN Bikes Franchisee?Investment required ranges from INR 1.5 lakh - 15 lakh depending on the format offered.
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What is the space requirement for taking up ONN Bikes Franchisee?Space required ranges from 200 - 2000 sq ft depending on the format.
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What Franchisee formats does ONN Bikes offer?ONN Bikes offers 1 format, i.e Vehicle Station.
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How to get ONN Bikes Franchisee?Connect with us on SMERGERS for further information.