About Us:
Royal Brothers is a Self ride bike rental startup which is head quartered in Bangalore. We are the 1st startup to get license by State transport authority to run bike rental business in Karnataka. RB is operational in 6 cities such as Bangalore, Mangalore, Mysore, Udupi, Manipal and Belgaum.
Vision: To fulfill travel and transportation needs of public across PAN India by 2020.
Team: Passion driven engineers with aligned thoughts and dedication round the clock to accomplish the vision.
Operations Commenced On 2015
Franchise Commenced On 2015
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 1,00,000
Royalty/Commission 20% %
Anticipated percentage return on investment 10 %
Likely pay back period of capital for a Unit Franchise 1 - 2 Years
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Karnataka
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Type of property required for this franchise opportunity Rented
Floor area requirement 300 - 400 Sq.ft
Detailed operating manuals for franchisees Yes
Franchisee training location Bangalore
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 3 Years
Is the term renewable? Yes
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