Credr
- Area Req
1200 - 2000 Sq.ft
- Investment Range
INR 30L - 50L
- No. Of Franchise Outlets
Less than 10
Business Details
About Us:
CredR - Your Trusted Used Two-Wheeler brand is a revolutionized platform that solely deals with buying, selling, and exchanging used two-wheelers/ pre-owned bikes. Our mission is to offer best-in-class service with transparency, genuinity, and accuracy.
Our showrooms at the top destinations like Bangalore, Pune, Delhi NCR, Jaipur, Chittorgarh, Faridabad, Bhilwara, Ravet and many more have the foremost collection of pre-owned bikes, scrutinized based on 120+ levels of the checklist by the auto expert. Browse the top collection of branded bikes like Yamaha, Suzuki, TVS, Piaggo, KTM, Mahindra, Kawasaki, Royal Enfield, Hero, Honda, Harley Davidson, and many more. The showroom experience is now right at your fingertips by using the app.
Contactless & Transparent service
- CredR assured that you could sell a bike and buy a used bike online. 100% online means you can self-inspect your motorcycle. There are no hidden charges, all are transparent, and you can ultimately save more.
Finest assorted range
- We ensure the quality of the used bikes to be finest in all possible ways. All the 100% certified bikes have passed through 120+ levels of checkpoints for quality purposes.
As impressive as a new two-wheeler: Refurbished bikes
- We spend an average amount of nearly Rs.10,000 to Rs. 12,000 on every bike to get it refurbished for maintaining good condition.
Swift financing
- Get hassle-free quick financing done with minimum documentation and no legal issues. We take complete responsibility for the services.
Experience 360 degrees of bike tour
- You can experience 360 degrees of the bike model before placing your order. All the parts of the bike are showcased well for clarity.
Doorstep service
- Opt for self-inspection and get your bike sold at the doorstep. There is no question of coming to the showroom as you can now book your schedule online and take a test drive at Rs.399 from home. Buying or selling a used bike is easy; there are zero additional charges for home delivery of used bikes.
Investment Details
Operations Commenced On 2015
Franchise Commenced On 2020
Investment | Franchise/Brand Fee | Royalty / Commission |
---|---|---|
INR 30L - 50L | INR 4,00,000 | 0% |
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Exclusive territorial rights to a unit franchiseeYes
Anticipated percentage return on investment50%
Likely pay back period of capital for a Unit Franchise1 Year
Other investment requirementsNo
Property Details
Type of property required for this franchise opportunityCommercial
Floor area requirement1200 - 2000 Sq.ft
Preferred location of unit franchise outletPAN
Training Detials
Detailed operating manuals for franchisees Yes
Franchisee training locationCorporate Office
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 dealership agreement? Yes
How long is the franchise term for?5 Years
Is the term renewable? Yes