Automobiles
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CredR

  • Category : Automobiles
  • Established : 2015
  • Franchise Started : 2015
  • Brand Outlets : Pune, Delhi, Banglore
  • Investment : 25 Lakhs

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.

What is CredR ?

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.

Advantages of Becoming a CredR Franchisee

1. Scalable margins upto 40% of inventory value

2. Return On Investment of more than 50%

3. Short Payback period of 18 months

 


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Franchise Investment Requirements:

Single Unit :

1200000

Franchise Fee :

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


Franchisee Training Details:

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

Franchise Investment Requirements:

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


Franchise Website Details:

Email

info@franchiseapply.com

Website Url

www.franchiseapply.com

Franchisee Other Details:

Have  standard Franchise  Agreement:

Yes

Franchise  Term:

5 Years ( Renewable )



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