Speed Force franchise is one of the best 2 wheeler service centre Franchises in India. We will discuss Speed Force Franchise Cost, Profit, Review, and How to Start the franchise.
Table of Contents
Speed Force Franchise Cost
- Speed Force Franchise Cost ₹5,00,000 Rupees to ₹10,00,000 Rupees as an initial investment.
- The Franchise Fee charged will be 1,00,000 Rupees by the brand
- No Royalty will be charged by the brand
- The minimum area required is 400 Square Feets.
- The expected Return on Investment is 1 Years.
Speed Force Franchise Profit
We will analyze the Speed Force Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 3,60,000 Rupees i.e. 12,000 Rupees per day.
|Gross Sales||3,60,000 Rupees|
|Material Cost @30%||(1,08,000) Rupees|
|Electricity and Water Supply||(10,000) Rupees|
|Salary of Workers and their Expenses||(70,000) Rupees|
|Other expenses||(12,000) Rupees|
|Net Profit||1,00,000 Rupees|
We can conclude that the Profit Margin of the Speed Force Franchise is 28% for the Sales of 3,60,000 Rupees. The outlet may have less profits in the initial days but the store will gain high popularity eventually and will have great demand in the market.
After good Local Marketing and Branding, the Sales will increase to 5 Lakh Rupees per month and the profit margin will be 35% on Sales or 1,75,000 Rupees.
Location is crucial in determining a franchise’s success rate along with quality and service.
The location should have a very high footfall. It should be in the main market of that area. A corner outlet is the most preferable option.
You can open the outlet nearby colleges, corporates, or any place where young people love to have 2 wheeler service centre.
How to get Speed Force Franchise?
To get the Speed Force Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.
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