Bounce Infinity- Auto Dealership
- Area Req
500 - 1500 Sq.ft
- Investment Range
INR 50L - 1Cr.
- No. Of Franchise Outlets
Less than 10
Business Details
Launched in May 2018, Bounce is the brainchild of Vivekananda Hallekere, Anil G, and Varun Agni. They launched Bounce as India’s first smart mobility solution, with a mission of making daily commute quick, stress-free, reliable, and convenient, and in its first year itself, Bounce facilitated 1,00,000 rides a day with a 30,000 strong scooter fleet on road.
In 2021, Bounce ventured into EV Manufacturing and launched India's first Electric Scooter with Swappable Battery - Bounce Infinity E1. At Bounce Infinity, the customers have the option of either buying the scooter with the battery or buying the scooter without the battery in which case they can use Bounce Infinity's extensive Battery Swapping Network for their energy needs.
This game-changing and unmatched value proposition allows the users to purchase an EV with premium features for a price of as low as INR 36099, thus making an EV scooter appealing to the masses.
To expand its retail presence in the EV 2W Category, Bounce Infinity has decided to go through the Auto-Dealership route and is therefore open to partnering with the right individuals. An ideal partner will be someone who believes in the brand and has a long-term vision. The existing automobile dealers in non-competing categories with a vision to grow as per the market requirement can be good partners.
Investment Details
Operations Commenced On 2021
Franchise Commenced On 2022
Investment | Franchise/Brand Fee | Royalty / Commissions |
---|---|---|
INR 50L - 1Cr. | INR 2,50,000 | 0% |
Haryana, Jammu and Kashmir, Delhi, Punjab, Uttar Pradesh
Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana
Manipur, Mizoram, Odisha, West Bengal
Gujarat, Maharashtra, Rajasthan
Bihar, Chhattisgarh, Madhya Pradesh
Chandigarh
Exclusive territorial rights to a unit franchiseeYes
Anticipated percentage return on investment0%
Likely pay back period of capital for a Unit Franchise2 Years
Other investment requirementsNo
Property Details
Type of property required for this franchise opportunityCommercial
Floor area requirement500 - 1500 Sq.ft
Preferred location of unit franchise outletPAN
Training Detials
Detailed operating manuals for franchiseesYes
Franchisee training locationFranchise Location
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
Agreement & Term Details
Do you have a standard franchise agreement? Yes
How long is the franchise term for?3 Years
Is the term renewable? Yes