Cycling In India - Cycles have come a long way in India, from historically being viewed for commuting to having created a space in the minds of urban individuals as a great way to keep fit and have fun. With a yearly turnover of around twelve million cycles, India is the second largest manufacturer of bicycles in the world; needless to say that it is one of the most established industries here. In an era of tablets, apps and mobiles, it is the perfect activity for kids, teens, youth and adults to stay outdoors, stay fit & have fun! Cycle Retailing in India TI Cycles of India have revolutionized the way people buy bicycles in India across Urban and Rural Towns. Today the count of our Exclusive Stores has crossed 200 in urban cities and another 300 in Rural Towns with differentiated offerings. These exclusive stores are a one-stop shop for Cycles and Fitness Equipments with a customer friendly ambience and service.
Awards won by TI Cycles for the Retail Concept:
Benefits of TI Cycles Association A well-established name:
What we need?
Rural format: Hercules BSA Store (RHB)
Urban format: BSA Hercules Exclusive Store
What we offer for the Rural Format?
For the Urban Concept:
This is what will bring you closer to your dreams, connect today for more information! Thanks & Regards TI Cycles of India Team
Commenced Dates
Date Commenced Operations | 1950 |
Date Commenced Franchising / Distribution | 1950 |
Franchise Details
Units
Area | Investment | Franchise/Brand Fee | Royalty/Commission |
---|---|---|---|
Store Wise | Rs. 10lac - 20lac | Total Store Investme | Nil |
Trade Partners Detail (Dealers, Distributors, MBOs, Retailers)
Types of Channels | Investment | Margin | Area Requirement |
---|---|---|---|
Retailer | Rs. 10lac - 20lac | 35% | 1000 - 1200 |
Expansion Locations
North | New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pardesh |
South | Kerala, Karnataka, Tamil Nadu, Andhra Pardesh |
East | Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim |
West | Gujarat, Rajasthan, Maharashtra, Goa |
Center | Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand |
Union Territories | Pondicherry, Chandigarh |
Franchise Details (Optional)
Want to expand | Nationwide |
Exclusive territorial rights to a unit | No |
Performance guarantee to unit franchisee | Yes |
Anticipated percentage return on investment | 18% |
Likely pay back period of capital for a unit franchise | less than 1 year |
Other investment requirements | No |
Detailed operating manuals for franchisees | Yes |
Where is franchisee training provided? | Regional office |
Is field assistance available for franchisee? | Yes |
Will someone from Head Office provides assistance to franchisee in opening the franchise? | Yes |
What IT systems do you presently have that will be included in the franchise? | Yes |
Type of property required for this franchise opportunity | ground floor in a Prominent location with a good residential cachement |
Floor area requirement | 600-1200 . |
Preferred location of unit franchised outlet |
Do you have a standard franchise agreement? | Yes |
How long is the franchise term for? | 5 years |
Is the term renewable? | Yes |
Category : Automotive
Area Req :
Franchise Outlets : 400
Investment: Rs. 10 Lac - Rs. 20 Lac