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Know everything about Hero EV Franchise Business Opportunity here. Check out details like its Franchise Review & Ratings, Infrastructure requirement, Support details, ROI tenure & more.

Franchise of Hero EV is a leading Electric Vehicle Franchise. You can check all relevant information & take your franchise investment decision.

Hero EV Franchise Business Opportunity - Snapshot

Line of Business

Electric Vehicle

Unit / Shop Area

1000 - 1500 Sq.ft

Commission% / Revenue Sharing

Approx. 90%

Infrastructure Investment

Rs.50 Lakhs to Rs.1 Crore

ROI Timeframe

24 - 30 Months

Hero EV Dealership Review by FranchiseByte

Revenue Sharing

4.34 / 5

Franchise Fee & Infra Investment

4.26 / 5

Support & Training

4.24 / 5

ROI Timeframe

4.28 / 5

Brand Value

4.39 / 5

Overall Ratings

4.30 / 5

Star Ratings


Overview of Hero EV Bike Franchise

Industry

Automobile & Services

Business Line

Electric Vehicle

Organization Type

Private

Head Office

New Delhi

Founder

Brijmohan Lall Munjal

Founded In (year)

1984

No. of Franchise Outlets

50+

Master Franchise Model

Not Available

Franchise Tenure

5 Years

Franchise Location

All over India

Business Set-Up Time

45 days

Franchise Commencement Year

2020

Hero Electric Vehicle Dealership Investment & Fees

Franchise Fee

Rs.10 Lakhs - Rs.20 Lakhs

Infrastructure Investment

Rs.50 Lakhs to Rs.1 Crore

Hero EV Franchise Commission / Revenue Sharing / Royalty

Franchisee

Approx. 90%

Franchisor

Approx. 10%

Hero EV Business Partner ROI Details

In Years

24 - 30 Months

Master Franchise of Hero EV - Information

Franchise Fee

Not Available

Infrastructure Investment

Not Available

Commission% / Revenue Sharing

Not Available

Hero EV Dealership Infrastructure Requirement

Shop / Unit Area

1000 - 1500 Sq.ft

Employee headcount

2 to 3

Reception Area

Compulsory

Lounge / Waiting Area

Compulsory

Parking Facility

Compulsory

Product Display Area

Compulsory

Washing Area

Optional

Repair Area

Optional

Maintainence Area

Optional

Computer / Internet Connectivity

Compulsory

Billing Counter

Compulsory

Airconditioner

Compulsory

CCTV Set-up

Compulsory

Pick-drop / Delivery Service

Compulsory

Check out Business Opportunities with Similar Brands

Support Provided by Hero EV Business Partner Program

Regular Inventory Supply

Available

Product Pricing

Available

Service Pricing

Available

Offers

Partially Available

Client Acquisition Support

Available

Client Interaction Training

Available

Relationship Manager Support

Available

Interior Design Support

Available

Interior Development Support

Partially Available

Marketing Support

Not Available

Monetary Support

Available

Business Management Software

Partially Available

Online Tie-up Support - Delivery

Partially Available

Website Support - For Order

Available

Warranty / Guarantee Support

Available

Operation Manual

Available

Training Manual

Available

Franchise of Hero EV Bike - Marketing Support

Unit Interior & Exterior Ads

Available

Local Advertisement

Available

Digital Marketing

Occasionally Available

Television Advertisement

Not Available

Prints Advertisement

Occasionally Available

Events/Seminars

Occasionally Available

Training provided by Hero EV Auto Dealership

Product Information Training

Provided

Product Display Training

Provided

Maintainence Training

Provided

Repair Training

Provided

Wash Training

Provided

Training Helpdesk

Provided

Hero Electric Vehicle Franchise - Products & Services Offered

Cars

NA

Car Accessories

NA

Car Maintainence

NA

Car Rental

NA

Used Car

NA

Electric Car

NA

Bike

Available

Bike Accessories

NA

Bike Maintainence

NA

Bike Rental

NA

Used Bike

NA

Electric Bike

Available

Bicycle

NA

3 Wheeler

NA

3 Wheeler Accessories

NA

3 Wheeler Maintainence

NA

Used 3 Wheeler

NA

Electric 3 Wheeler

NA

Tyres & Tubes

NA

Heavy Vehicle

NA

Heavy Vehicle Accessories

NA

Heavy Vehicle Maintainence

NA

Check out Business Opportunities with Similar Brands

Dealership of Hero EV Bike - Revenue per Customer

Product / Service Price (In Rs.)

Rs.60,000 to Rs. 1 Lakh

GST Rate

0.18

Franchisee Qualification required by Hero Electric Vehicle Bike

Age Limit

24 Years & above

Business Experience

Optional

Academic Qualification

Graduate

Documents Required to Start Hero EV Dealership

Franchise Agreement

Required

Proprietor Aadhaar Copy

Required

Proprietor Photo

Required

Proprietor / Business PAN Copy

Required

Business TAN Copy

Required

GST Registration Certificate

Required

Proprietor / Business Address Proof

Required

Unit / Shop Address Proof

Required

NOC of Unit / Shop

Required

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