Bikes are available at : #Bengaluru     #Goa    #Mangaluru    #Manipal    #Mysuru    #Udupi   

Investors Lounge

Greetings from Royal Brothers!

Do you want to be a part of Royal Brothers Family, the first RTO approved bike rental start-up of Karnataka?

 

Founded in 2015, and based in Bangalore, India, Royal Brothers is one of the most trusted motorbike renting start-up. An online platform to make renting hassle free along with the recognition: as the first start-up to get a license from RTO to legally rent out two wheelers to the general public makes us more special in all aspects.

The current fleet size of 200+ beasts of both Royal Enfield Motorcycles, mid range bikes and Scooters. 6 operating bases just in Karnataka; Bengaluru, Mysuru, Manipal, Udupi, Mangaluru and one outside Karnataka: Goa, is a proof enough of our robust and growing operations.

This short span of a year has witnessed 2,700 users turning into 23,000+(as on Nov 2016) and 1,200 bookings to 10,000+ bookings. Our aspirations have developed new wings and this year we plan to expand to 18 cities across India through Franchises.

 

Plan1: Franchise

Franchise and its benefits

Now every Individual can be an Entrepreneur with a parking space and dedication to excel. At Royal Brothers, we promise to provide you with a great opportunity of continuous growth and assured returns on your investments.

Highlights –

Franchise                               – Applicable to all cities pan India

Commission                          -   20% on the total rental amount after deduction of taxes and payment 

                                                    gateway charges.                                       

Term Period                        – 3 years/36 months

Min Vehicle numbers       – 10 (3 RE, 3 Scooters, 4 Mid-Range)

Choice of vehicle               – Franchise owner (based on RB’s expert opinion)

Marketing channels          – All forms of digital channels and initial hand holding for 6 months.

Additional Requirements

  • The minimum number of vehicles have to be 10 at least to be operational

  • The fleet and the parking spot will be provided by the Franchisee owner

  • RB will share its license to operate, the brand name, technology platform

and the Vehicle Health Management System along with leads generated on

the online platform.

  • We will also take care of all forms of online advertising and promotional

  •  

Plan 2: Bike Tagging

Bike Tagging

We help your bike generate revenues for you. Old or new every bike will now be an earner for its owner.

Be a part of South India’s largest Bike Renting Platform by adding bike in RB’s fleet and enjoy great returns –

Highlights-

  • RB will share the revenue on each bike @ 75:25 on the rental amount received

  • Deductions will be- VAT, Payment Gateway charges, Parking Charges, maintenance and

 any other miscellaneous costs if any         

  • Minimum lock-in period will be
                   For new bikes - 24 months or 50,000* km whichever is earlier
                   For Used bikes – 20 months or 40,000* km whichever is earlier

Additional Requirements   

Old Bikes should be Maximum 1 year old and less than 15,000 km driven.

• Conversion charges, maintenance charges, tracking devices and additional fittings will
    be borne by vendor
• Operations, maintenance and everything else will be taken care by royal brothers

For more datails, reach us on:

manjunath@royalbrothers.in

8884244700