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CREDR - It all began when the IITian trio - Nikhil, Nittin, Sumit went hunting for a used bike during their college days. After facing a lot of problems and having a really tough time, they ended up buying a faulty set of two wheels. That very day, they swore to change the face of used bike buying.
Thus CredR hit the roads in Feb 2015 with an aim to transform the whole industry scenario. We went on to create a new-age used bike buying, selling and exchange experience through CredR. Today, we strive to be the ultimate community for all two-wheeler users.
CredR is Asia's only omnichannel platform that facilitates buying, selling and exchange of used two-wheelers. Anything about two-wheelers, from the latest two-wheelers to news, reviews, and services is at your disposal here.
1. Scalable margins upto 40% of inventory value
2. Return On Investment of more than 50%
3. Short Payback period of 18 months
| Single Unit Investment | INR 1200000 |
| Brand Fee | INR 300000 |
| Equipments | Included In Investment |
| Furniture And Fixtures | 700000 |
| Advertising / Marketing | At Franchisee End |
| Expected Pay Back Period | 12 Months |
| The Expected Return On Investment To The Franchisee |
50% |
| Any Other Investment Needed | No |
| Looking Expansion In Areas | Delhi, Pune, Bangalore |
| Field Assistance Available For Franchisees | Yes |
| Franchise Traning programme | Yes |
| Detailed Operating Manuals For Franchisees | Yes |
| Need of IT System | No |
| Assistance From Head Office To Franchisee | Yes |
| Required Property For This Franchise Opportunity | Showroom on Ground Floor and Main Road Facing |
| Required Floor Area | 750 Sq Ft |
| Preferred Location For Unit Franchise | Easy Approachable / Commercial Mall / High Footfall Area |
| Office Staff Required | 2 Sales Man |
| Computer / System | Required |
| Internet Connection | Required |
| Email Address | info@franchiseapply.com |
| Website Url | www.franchiseapply.com |
| Have standard Franchise Agreement | Yes |
| Franchise Term | 5 Years ( Renewable ) |
