How to get Speed force Franchise | Cost, Profit
Planning to start your business in the Two-wheeler repair and maintenance industry then this article is specially designed for you. Speedforce work under the banner of Multi Brand 2 Wheeler Care Services that provides Revolutionary services in the two-wheeler industry. In This article, we will know about What is Speed force franchise? How To Get Speed force Franchise, Franchise cost and everything related with.
Indian Two Wheeler Industry
According to the research of Franchise India, India has seen exponential growth in the Indian two-wheeler automobile industry. During the last 6 Years, This industry has grown up by 12% Year by Year growth.
There were 9 crores of two-wheelers sold across India in the past 6 years. This huge number of two-wheelers required AMC and maintenance services from time to time. Which will create huge business opportunities in this industry.
Why Speed force Franchise
Speed force is committed to providing Quality, Reliability, Trust, Affordable, and Customer Friendly service to their customer. Apart from this Speed force company added new features like home service, pickup & drop, AMC, accidental service, insurance renewal services.
Which helped this company speed force to lead among the two-wheelers repair and maintenance industry.
Speed Force Services:
- Pick up & drop facility.
- No long queues.
- On-road breakdown support.
- Service reminder.
- Accident support.
- Insurance Services.
According to the Speed force team, their business model is completely based on the new generation and young customers.
In the current market, two-generation available as young and old customers. These two has much different
Where old customers need service in front of them while young needs While young needs services on one click & transparency. Keeping in mind both needs and demands, We designed the process in such a way that both will be satisfied.
Speed Force Franchise Cost :
Check the below franchise investment details along with brand fee/ Franchise fee.
| The Total investment. | 5- 10 Lac |
| Brand Fee /Franchise. | 1 Lac |
| Exclusive Territory right | Yes |
| Return On Investment | 30% |
| Pay-back period of capital | 1-6 MONTH |
| Other Investment. | 800000 |
Speed force Franchise Type :
The company provides three types of franchises, and all have their own investment requirement. Let's understand about all types of franchise model
- Country wise
- Reason wise
- State wise
- City Wise
All franchises required the same amount of Investment as mentioned above.
Speed Force Franchise Area Requirements
Location and area should be at the place where people can visit and park the two-wheelers. Here are the requirements like
| Property Type | Commercial |
| Area | 500 - 1000 Sq.ft |
| Preferred Location | Residential cum Commercial Area |
Speed Force Franchise Training Support
Training is one of the most important factors of any business. It helps the team to manage and run the business as per pre-existing outlets. Speed Force company provides a detailed operating manual to the franchise owner so that they can run the business according to the rules and with the current working business model.
The franchise owner will get the training from Head office Vadodara. Along with this company provide field assistance for the franchise owner. Speed force franchise, provide the expert guide to take them and operate the franchise for the franchise owner. Current IT systems will be included in the franchise
Speed force Franchise Terms & Agreement
During the franchise distribution, the company will provide standard franchise agreements. Speed force company provide an agreement for the life time. You don’t have a need to get an agreement on the same. Term and agreement required renewable.
Company Franchise expansion Location
NORTH REASON
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
SOUTH REASON
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
EAST REASON
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
WEST REASON
Gujarat, Rajasthan, Maharashtra, Goa
CENTRAL REASON
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
UNION TERRITORIES
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu