CredR

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CREDR

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

BUSINESS DETAILS

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

FRANCHISE INVESTMENT REQUIREMENTS:

Single Unit :1200000
Brand 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:

Emailinfo@franchiseapply.com
Website Urlwww.franchiseapply.com

FRANCHISEE OTHER DETAILS:

Have standard Franchise Agreement:Yes
Franchise Term:5 Years ( Renewable )