FRANCHISOR OPPORTUNITIES
Tours & travels
M Taxi
Category: Tours & travels
Area: 100 sqft
No. of Franchise Outlet: 5
Investment:Rs 50,000 - Rs 2 lac
Business Details
The M-TAXI 2-Wheeler service offers commuters affordable last-mile connectivity to offices, colleges, schools and residential areas, from metro and bus stations. The service has started in Gurgaon and plans to spread across NCR in the next phase. Passengers struggling to beat traffic and get to some place fast can either hail or book M-TAXI through its app. Passengers can also track the rider through the app before hopping-on, and pay online or with cash for the service. Pricing is reasonable with an initial charge of Rs 25 for the first three kilometers and Rs 5 for every subsequent kilometer. M-TAXI in its endeavor to put passenger needs on top has made available a transparent pricing mechanism, a recorded history, a share online option, along with a 24X7 services. Support from Franchisor Permit & Legalities: Extensive and exhaustive support on permits and legalities with government authorities Procurement & Branding: Guidance on procurement of bikes and other equipments. Providing accessories & branding materials like helmets, rider T-shirts, tank bags, branding stickers, charger, visor, etc. on cost basis Launch, Marketing & PR: Creatives designs, PR activities (for 3 months), and other national/city level marketing & branding activities Training: Holistic training. SOPs manual for riders for various technical and customer related aspects. App & Helpline: Tech platform for ride booking. Dedicated helpline and franchise support manger Business Generation: Centralized business tie-ups by M-Taxi for delivery services. Exhaustive participation of M-Taxi for franchise to procure business locally.
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M Taxi Investment Detail
Date Commenced Operations
:2015
Date Commenced Frachising / Distribution
:2015
Are you looking for Franchise ?
Unit
Area
Investment
Storewise
Rs 50,000 - Rs 2 lac
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?
:80 %
What is the likely pay back period of capital for a unit franchise?
:1 Years
Are there other investment requirements?
:
M Taxi Property Details
What type of property is required for this franchise opportunity?
:Commercial
Floor area requirement
:100 sqft
Preferred location of Franchisee outlet:?
:
M Taxi Training Details
Do you currently have detailed Operating Manuals for franchisees?
:Yes
Where is the franchisee training done?
:At franchisee's location
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?
:
M Taxi Other Details
Do you have a standard Franchise Agreement?
:Yes
How long is the franchise term for?
:3 Years
Is the term renewable?
:Yes