EVI Tech

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BUSINESS DETAILS

EVI Technologies Private Limited (EVIT), Based In New Delhi, Offers Electric Vehicle System Solutions.

They are offering electric vehicles charging stations. They have 300 owned stations in India. 18 confirmed franchises. They already have an agreement with Hero Electric Corp and are in discussion with Mahindra and MG Motors.

INVESTMENT DETAILS

Commenced Operations

Operations Commenced On: 2017

Franchise Commenced On: 2020

Franchise Details

UNITS

Investment: INR 5lac – 10lac

Franchise/Brand Fee: INR 250000

Royalty/Commission: 10 %

Expansion Locations

NORTH

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh

SOUTH

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

EAST

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

WEST

Gujarat, Rajasthan, Maharashtra, Goa

CENTRAL

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Exclusive territorial rights to a unit franchisee: Yes

Anticipated percentage return on investment: 60 %

Likely pay back period of capital for a Unit Franchise: 1-2 Years

PROPERTY DETAILS

Type of property required for this franchise opportunity: Commercial

Floor area requirement: 200 – 200 Sq.ft

Preferred location of unit franchise outlet: Highstreet area

TRAINING DETAILS

Detailed operating manuals for franchisees: Yes

Franchisee training location: Delhi

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise: Yes

Current IT systems will be included in the franchise: Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 Years

Is the term renewable? Yes

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