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Top Speed - A Premium Bicycle Retailer Brand

Views: 18053

  • Business Detail
  • Investment
  • Training
  • Website
  • Agreement & Term Details

Investment Required
INR 35 L + GST
Space Required
1000 - 1500 Sq Ft
Franchise Outlets
11 +

Business Details

Top Speed :- A Venture Of Bharatcycle

Bharatcycle was incepted 40 years ago by Mr.Abdullah Lokhandwala our Chairman in the year 1983. To meet market demand, it all begun with renting and repairing of bicycles.

After Two and half decades, a young dynamic & talented person Mr. Hussain Lokhandwala joined his father business to give boost with his own skills set and ways. He multiplied the number of stores to 4 in his initial years and later it kept on multiplying due to his hardwork and passion. At present he has his own team of enthusiasts to operate 20 stores across Maharashtra, Gujrat and Punjab.

TOPSPEED adventure by Bharat Cycle was started in the year 2023 with an ideology to give mass quantity as an option to all it customers.

Vision :- We envision to promote eco-friendly environment and shape society serving fitness and happiness.

Mission :- We believe in creating an impact by raising awareness in the society about health and prosperity. Providing Eco-touch and incredible hospitality to all our customers.

Silent Features Of Top Speed :-

(A)  40Yrs in Business
(B) After Sales Service
(C) Retail Sale Expert
(D) Barcode System
(E) Custom Billing Software
(F) Premium Stores &Uniformity
(G) Trained Staff
(H) Well Defined Sop's
(I) Retail Sale Expert
(J) Well Managed Supply Chain System
(K) CCTV Security

Key Points For FOCO Model - Top Speed 
(A) INVESTMENT AMOUNT – 35LACS
(B) MIN.3 YEARS LOCK IN PERIOD
(C) First Year -  8% of Actual Sales or 1.00 CR whichever is higher
(D) Second Year - 7% of Actual Sales or 1.25 CR whichever is higher
(E) 6% of Actual Sales or 1.50 CR whichever is higher
(F) DAY TO DAY SALES & OPERATIONS MARKETING & EVENTS WILL BE WILL BE MANAGED BY BHARATCYCLE MANAGED BY BHARATCYCLE

Advantages Of Top Speed  Franchise Business
1. Low Cost & High Return Business
2. 24*7 Brand Support
3. Established Brand
4. We Believe In 100% Transparency
5. Unlimited Growth Opportunity
6. Quick ROI.
7. Local PR and Influencer support

Brand is Offering Franchise Network across India.
Team - Top Speed

Franchise Investment Requirements:

Single Unit :

INR 35 L + GST ( FOCO Model Guaranteed Revenue Based Franchise Brand )

Brand Fee :

Not Applicable

Equipments :

Included All In INR 35 L Investment

Furniture And Fixtures:

Included All In INR 35 L Investment

Advertising / Marketing :

Branding & Marketing Support By Brand

Expected Pay Back Period:

2 Years - 2.5 Years

The Expected Return 
On Investment To The Franchisee:

(First Year ) 8% of Actual Sales or 1.00 CR whichever is higher ( Second Year ) 7% of Actual Sales or 1.25 CR whichever is higher ( Third Year ) 6% of Actual Sales or 1.50 CR whichever is higher

Any Other Investment Needed:

No

Looking Expansion In Areas:

Pan India

Franchisee Training Details:

Field  Assistance Available  For  Franchisees:

It Is A FOCO Model Brand So Filed Work Will Be Manage By Brand At Own Expenses

Franchise  Traning programme:

It Is A FOCO Model Brand So Training Part Will Be Manage By Brand At Own Expesnes

Detailed  Operating Manuals  For Franchisees:

Not Required  

Need of IT System:

Yes 

Assistance  From Head Office To Franchisee:

yes

Franchise Investment Requirements:

Required Property For This Franchise Opportunity:

Commercial Or High Residential

Required  Floor Area:

1000 Sq Ft - 1500 Sq Ft

Preferred  Location  For Unit  Franchise:

Easy Approachable / Commercial Mall / High Street/ Any Big Shopping Market / Any Bicycle Market

Office  Staff Required:

Yes

Computer  / System :

Yes ( One Laptop )

Internet  Connection :

Yes

Franchise Website Details:

Email

franchisee@topspeed.com

Website Url

Franchisee Other Details:

Have standard Franchise Agreement:

No

Franchise Term:

3 Years + 3 Years + 3 Years( Renewable )

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