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AHOY! Bikes (Mitras Group) has been serving the bicycle industry for over 35 years now, manufacturing components for and supplying to almost all the major OEMs in the Industry.
In the year 2018, the company decided to diversify and set up a state-of-the-art bicycle manufacturing facility to strengthen its ability to produce high-quality bicycles at an affordable price.
Operations Commenced On : 2018
Date Commenced Frachising / Distribution : 2020
Are you looking for Franchise?
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 20lac - Rs. 30lac 300000 00
Master / Multi Units
Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
Country Wise -NA- -NA- -NA-
Region Wise -NA- -NA- -NA-
State Wise -NA- -NA- -NA-
City Wise -NA- -NA- -NA-
What areas are available for Unit franchise? : State Wise
Where are you looking for expansion?
North West East South Center Union Territories
Jammu and Kashmir
Andaman and Nicobar,Pondicherry,Chandigarh,Lakshadweep,Daman and Diu,
Is there exclusive territorial rights given to a unit franchise? : Yes
Are any performance guarantees given to unit franchisees? : No
What is the anticipated percentage return on investment? :
What is the likely pay back period of capital for a unit franchise? : 1-3 Year
Are there other investment requirements? :
What type of property is required for this franchise opportunity? : Commercial
Floor area requirement : 800 - 1000
Preferred location of unit franchised outlet:? : Pan India
Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? :
Is field assistance available for franchisees? : Yes
Will someone from Head Office assist me when I open my franchise? : Yes
What IT systems do you presently have that will be included in the franchise? : Yes
Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : 3 years
Is the term renewable? : Yes