Two-Wheel EV Rental Franchise For Sale In Vadodara
About Business
The business operates in the urban micro-mobility segment, providing shared bicycle and electric scooter services for short intra-city travel. The model is designed to support first-mile and last-mile connectivity, enabling commuters to conveniently travel short distances between transit hubs such as metro or bus stations and their final destinations. Key features of the offering include: App-based rentals: Vehicles are located, unlocked, and paid for through a mobile application, with charges based on usage duration. Eco-friendly mobility: Electric vehicles powered by swappable batteries help reduce traffic congestion and environmental impact. Zone-based, dockless operations: Vehicles can be picked up and returned within designated operating zones across serviced areas. Cost-effective short trips: Suited for daily commutes of up to approximately 5 km, offering an economical alternative to traditional transport options. The venture operates under a franchise model, with a fleet of 50 electric scooters. Of these, 40 scooters are currently deployed on a rental basis with full operational support.
Clientele type
They rent to delivery partners of Zomato, Swiggy, Instamart, Blinkit, Zepto, etc.
Premises
They have two locations in the city. Both premises are leased.
Asking Price Includes
The asking price includes both the locations, 50 Bikes, franchise fees, deposit for other machines, spare parts, office setup, workshop, etc.
Reason
The owner has multiple family businesses, which were earlier managed by their father, who is retiring. The owner is planning to take over the family business.
Keywords
Business Tags
₹10 Cr to ₹200 Cr
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