Hero EV Franchise is a well-known Electric Vehicle franchise in India.
Check out its Franchise Investment, Commission, Support, Infrastructure Requirement, Breakeven Time & more here.
To connect with Hero EV for more detailed information, please fill out the form I’ve included below, and we will connect you as soon as possible.
So, Lets check out Electric Vehicle franchise details Now!
Hero EV Franchise Summary
| Brand Summary | |
| Line of Business | Electric Vehicle |
| Unit / Shop Area | 1000 – 1500 Sq.ft |
| Commission% / Revenue Sharing | Approx. 90% |
| Total Investment | Rs.60 Lakhs to Rs.1.2 Crore |
| ROI Timeframe | 24 – 30 Months |
What do you know about Hero EV Franchise?
Hero EV is one of the Best Electric Vehicle business in India.
| About the Brand | |
| 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 |
What is the Hero EV Franchise Investment Requirement?
Investment includes Franchise Fees & Infra Requirement.
| Investment by Franchisee | |
| Franchise Fee | Rs.10 Lakhs – Rs.20 Lakhs |
| Infrastructure Investment | Rs.50 Lakhs to Rs.1 Crore |
How much is Hero EV Franchise Commission?
Here is the royalty requirement of Hero EV Electric Vehicle Business.
| Commission% / Revenue Sharing | |
| Franchisee | 90% |
| Franchisor | 10% |
How much time does it take for Hero EV Franchise to breakeven?
Check out the Breakeven time of Hero EV here.
| ROI Timeframe / Breakeven Time | |
| In Years | 24 – 36 Months |
Start a Electric Vehicle Franchise Now!
What are the Hero EV Master Franchise requirements?
| Master Franchise Details | |
| Franchise Fee | NA |
| Infrastructure Investment | NA |
| Commission% / Revenue Sharing | NA |
You may also like these Brands
Check out some of the Best Electric Vehicle Franchise in India here –
| Hyundai Ev Franchise | Mahindra Ev Franchise | Joy E Bike Franchise |
| Byd Auto Franchise | Tata Ev Franchise | Bounce Infinity Franchise |
What is the Hero EV Franchise Infrastructure requirement?
| Infrastructure Required | |
| 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 |
What is the extent of Support provided by Hero EV to its franchisees?
| Support from Brand | |
| 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 |
What kind of Marketing Support is provided by Hero EV to their Franchisees?
| Marketing Support by Brand | |
| Unit Interior & Exterior Ads | Available |
| Local Advertisement | Available |
| Digital Marketing | Occasionally Available |
| Television Advertisement | Not Available |
| Prints Advertisement | Occasionally Available |
| Events/Seminars | Occasionally Available |
Does Hero EV provide training to its business partners?
| Training by Brand | |
| Product Information Training | Provided |
| Product Display Training | Provided |
| Maintainence Training | Not Provided |
| Repair Training | Not Provided |
| Wash Training | Not Provided |
| Training Helpdesk | Provided |
You may also like these Brands
| Ampere Franchise | E-Manzil Franchise | Fae Bikes Franchise |
| Kinetic Green Franchise | Evolet Franchise | E-Trio Franchise |
Important Links