Erevo Electric Cycle And Bikes Franchise
Franchise Quick Facts
| Brand Name | Erevo Electric Cycle and Bikes |
|---|---|
| Industry / Business Category | Bicycle / Electric Mobility |
| Founded Year | 2022 |
| Franchise Started Year | 2025 |
| Total Franchise Outlets | 10–20 |
| Estimated Investment | INR 10 Lakh – 20 Lakh |
| Franchise Fee | INR 50,000 |
| Royalty Fee | Not specified |
| Space Requirement | 100–200 Sq.ft |
| Staff Requirement | Sales and service staff depending on outlet size |
| Expected Payback Period | 1–2 Years |
1. What is Erevo Electric Cycle and Bikes?
Erevo Electric Cycle and Bikes is a bicycle and electric mobility brand in India providing sustainable, affordable, and accessible electric cycles and bikes. The brand serves commuters, students, delivery professionals, and fitness enthusiasts seeking eco-friendly and cost-effective transportation solutions.
2. How the Business Works
Erevo franchises operate retail showrooms or rental hubs offering electric cycles and bikes. Customers can rent or purchase vehicles, access training, and receive after-sales support. Daily operations include managing rentals, retail sales, vehicle maintenance, customer guidance, and inventory management. Revenue is generated through product sales, rental fees, and maintenance services.
3. Products or Services Offered
Electric Cycles
- Lightweight and durable frames
- Battery-assisted pedaling for daily commutes
- Designed for students, commuters, and fitness enthusiasts
Electric Bikes (e-Bikes)
- Built for urban commuting and delivery use
- Quick charging options and long-lasting batteries
- Stylish and ergonomic designs
Rental Fleet
- Hourly, daily, or monthly rental packages
- Suitable for tourists, students, and delivery professionals
Additional Services
- Customer training in riding, battery care, and maintenance
- Showroom experience with test rides
- After-sales support and warranty services
4. How the Franchise Model Works
Franchise partners operate local showrooms or rental hubs for Erevo vehicles. Responsibilities include:
- Managing sales and rental operations
- Delivering customer training and support
- Overseeing maintenance and service schedules
- Marketing local offerings and promotions
Franchisor provides:
- Product supply and inventory support
- Training for staff and franchise partners
- Marketing guidance and brand materials
- Operational and technical assistance
5. Franchise Cost and Investment Overview
| Estimated Investment | INR 10 Lakh – 20 Lakh |
|---|---|
| Franchise Fee | INR 50,000 |
| Setup Cost Components | Showroom space setup, inventory procurement, training, marketing, and operational expenses |
| Royalty/Ongoing Fees | Not specified |
Investments cover physical space, stock of electric cycles/bikes, rental management infrastructure, and staff training.
6. Space and Infrastructure Requirements
| Space Requirement | 100–200 Sq.ft |
|---|---|
| Preferred Locations | Urban and semi-urban areas with high footfall and commuter demand |
| Equipment/Infrastructure Needs | Showroom display area, repair/maintenance corner, storage for inventory |
| Staffing Requirements | Sales personnel, rental management, and maintenance technicians |
7. Training and Franchise Support
- Initial and ongoing product knowledge training
- Customer guidance and safety training protocols
- Marketing and local promotional support
- Technical assistance for maintenance and repair
- Operational guidance for rental and retail management
8. Revenue Model and ROI Factors
Franchisees earn income through vehicle sales, rental charges, and service/maintenance fees. Revenue depends on product adoption, local demand for eco-friendly mobility, and operational efficiency. Expected payback period ranges from 1–2 years due to low space requirement and demand-driven rentals and sales.
9. Brand History and Expansion
| Established Year | 2022 |
|---|---|
| Franchise Commenced On | 2025 |
| Number of Franchise Outlets | 10–20 |
| Geographic Markets Served | India, with plans for urban and semi-urban expansion |
| Expansion Plans | Extend showrooms, rental hubs, and subscription-based mobility solutions, including potential Tier-2/Tier-3 city growth |
10. Key Advantages of the Franchise
- High-demand, sustainable mobility solutions
- Flexible rental and purchase models
- Low space and operational requirements
- Training and customer support provided by franchisor
- Strong manufacturing backbone through Electric Cycle Company
11. Who Should Consider This Franchise
- Entrepreneurs interested in eco-friendly mobility solutions
- Investors seeking low-space, high-demand business opportunities
- Individuals targeting urban commuters, students, or delivery sectors
- Existing retailers looking to diversify into electric mobility
13. Similar Franchise Opportunities
- Hero Electric Showrooms – Electric two-wheeler retail network
- Okinawa Electric Bikes – E-bike and scooter franchise opportunities
- Ampere Electric Vehicles – Electric scooter and cycle dealerships
- Ather Energy Experience Centers – Electric mobility retail and service outlets
- Revolt Motors – Electric motorcycle retail and service franchises
Erevo provides a sustainable electric mobility franchise with flexible rental and sales options, low space requirements, and structured franchisor support, making it suitable for entrepreneurs targeting urban commuting, eco-friendly transport, and delivery-focused markets.
What is the investment required for Erevo franchise?
Initial investment ranges from INR 10 Lakh to 20 Lakh, covering showroom setup, inventory, training, and marketing.
How does the Erevo franchise business work?
Franchisees manage showrooms or rental hubs, offering electric cycles and bikes for sale or rent, supported by EIMS operational and technical guidance.
What space is required for the franchise?
A minimum area of 100–200 Sq.ft is needed for showroom display, storage, and maintenance operations.
How long does it take to recover the investment?
Expected payback is within 1–2 years, depending on sales, rentals, and operational efficiency.
How can investors apply for the franchise?
Prospective franchisees can contact Erevo to submit applications, receive setup guidance, and access initial training and support. ## 13. Similar Franchise Opportunities
