Have you ever thought about the Electric Scooter Franchise? If not, then you must consider it once. It’s a good investment option for a greener and more sustainable environment. If you want to start an EV business or do not get proper guidance related to dealerships, we, the vegh automobiles, are here to help you. In this blog, you will find all the details associated with the franchise. You’ll get all the essential information according to your budget, start your business quickly, and stand in this digital market.
Let’s start with the infrastructure-
Infrastructure:
Types of Dealership | Showroom Area | Storefront (Glass) | Service & Spray Bay | Warehousing/ Inventory Storage |
SDLR (Sub-Dealership) | 500-750 Sq. ft (min.) | 8-10 ft Road Facing | - | - |
DLR (Dealership) | 750-1000 Sq. ft (min.) | 10-15 ft Road Facing | 250-500 Sq. ft. | Required |
MDLR (Master Dealership) | 1500-2000 Sq. ft (min.) | 15-20 ft Road Facing | 500-750 Sq. ft. | Required |
Commercial | SDLR (Sub-Dealership) | DLR (Dealership) | MDLR (Master Dealership) |
MOQ | 10 | 20 | 40 |
Working Capital (Inventory+Spares) | Rs.10-12 Lakhs | Rs.18-25 Lakhs | Rs.45-50 Lakhs |
One-Time Setup (Showroom) | Rs.2.5-3.5 Lakhs | Rs.3.5-4.5 Lakhs | Rs.5.5-8.5 Lakhs |
Service Center Setup (Single Bay) | - | Rs.1.0 Lakhs | Rs.1.0 Lakhs |
Marketing merchandise | - | Rs.0.35 Lakhs | Rs.0.5 Lakhs |
Training & Certifications | - | Rs.0.5 Lakhs | Rs.0.5 Lakhs |
Brand Security Fees (Refundable) | - | Rs.1.0 Lakhs | Rs.1.0 Lakhs |
Activation Charges (Non-Refundable) | - | Rs.0.25 Lakhs | Rs.0.25 Lakhs |
General Requirements:
High footfall prime locality/market/street convenient for the customers to visit.
Availability of space for providing test rides and demos.
Additional space to charge or swap the battery would be an added advantage.
Segments | Other Dealerships | Vegh Dealership |
Investment size | Rs. 1.5+ Crore | Upto Rs. 40+ Lakhs |
Margins | 7%-10% | 7%-14% |
Break Even point | 36 months | 18 months |
Dedicated team for retail support | NA | Available |
Offline marketing support | NA | Available |
Training to sales manpower | NA | Available |
Training to service manpower | NA | Available |
24x7 RSA | NA | Available |
Comprehensive Dealer Management | NA | Available |
Regular Retail Offers | NA | Available |
Regular Free Service camps | NA | Available |
Profit:
Some Insights which will help you to choose the better one
1. Vegh Electric scooter dealerships offer attractive profit margins ranging from 7% to 14%, ensuring a good return on your investment.
2. With a break-even point of just 18 months, you can start seeing profits sooner compared to other dealerships which take around 36 months.
3. Our Vegh electric scooter dealership provides extensive support, including a dedicated retail team, offline marketing, and regular retail offers, helping you drive sales effectively.
4. Receive professional training for both sales and service teams, ensuring your staff is well-equipped to provide excellent customer service.
5. Offer your customers peace of mind with round-the-clock roadside assistance, enhancing their experience and loyalty.
6. Join the green revolution by promoting eco-friendly electric vehicles, which are increasingly popular and align with sustainable practices.
7. Set up in high footfall areas with test ride and battery swap spaces, attracting more customers and boosting sales.
8. Benefit from Vegh’s initiative to hold free service camps regularly, encouraging customer retention and satisfaction.
Conclusion
By reading all the above points, you must be thinking about the products that the Vegh automobiles are providing. Get all the insights from the above and read about our products in our store. Do not forget to ride with us!
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