Everi is a brand launched under the Wasan Group umbrella, dedicated to revolutionizing the pre-owned two-wheeler market in India. With a focus on quality, trust, transparency, and affordability, Everi stands out in the pre-owned vehicle market, offering customers an assured buying experience.
Everi offers a wide range of pre-owned two-wheelers, catering to every make, model, and price range. Whether you're looking for a reliable and affordable option for your daily commute or a stylish and high-performance bike for your weekend adventures, Everi has something for everyone.
Franchise Opportunity
The Everi franchise offers an exciting opportunity for individuals and entrepreneurs who are passionate about the automobile industry and want to become part of a trusted brand. With the growing demand for pre-owned two-wheelers in India, Everi provides an ideal platform to tap into this fast-growing market.
As a dealer, you will be able to buy and sell Everi-branded bikes, offering customers top-quality, reliable options for their transportation needs. You will also have access to ongoing training, marketing support, and access to Everi's network of dealers and suppliers.
Franchise Investment Details
Cost to Start: The total investment required to set up an Everi franchise ranges from 10 lakhs to Rs. 20 lakhs, depending on factors such as location, showroom size, and setup requirements.
Franchise Fee: The Franchise Fee for an Everi Franchise is Rs. 1,00,000, which grants you access to the Everi brand, business model, and support system.
Royalty/Commission: Franchisees are required to pay a royalty of 5% of monthly sales, which contributes to ongoing support, marketing, and branding efforts from the parent company.
Return on Investment (ROI): The expected Return on Investment for an Everi franchise is 10%, which is a solid return in the highly competitive used vehicle market.
Payback Period: Everi's business model allows for a 1-2 year payback period, which is relatively short in comparison to many other franchise opportunities.
Floor Area Requirements
The minimum floor area required for an Everi dealership is between 400-500 square feet. This space is sufficient to showcase a range of pre-owned two-wheelers and provide a comfortable space for customer interactions and transactions.
Key Advantages of an Everi Franchise
Trusted Brand Name: Everi benefits from the credibility and longstanding reputation of Wasan Group, making it a highly trusted brand in the pre-owned two-wheeler space.
Growing Market Demand: The demand for affordable, quality pre-owned two-wheelers is expanding rapidly in India, creating a lucrative business opportunity.
Low Initial Investment: With a franchise cost ranging between Rs. 10-20 lakhs and a minimal franchise fee of Rs. 10,000, Everi offers an affordable entry point to entrepreneurs looking to tap into the automobile sector.
Comprehensive Support: Franchisees benefit from ongoing training, marketing support, and access to Everi's network of dealers and suppliers.
Quick ROI: With a projected payback period of 1-2 years, Everi offers franchisees the potential for a quick return on investment.
EVERI Details
Company Started On 2018
Franchise Started On 2019
EVERI Franchise Cost & Investment
Franchise Brand Fee 100000
Royalty Commission 5%
Return on Investment 10%
Pay Back Period 1-2 Years
EVERI Available Regions
North - NA -
South - NA -
East - NA -
West Gujarat, Rajasthan, Maharashtra, Goa
Central - NA -
Union - NA -
EVERI Dealership Contract Specifications
Standard Agreement Yes
Agreement Duration Lifetime
Renewal Option Yes
EVERI Outlet Space Requirements
Property Type Commercial
Floor Space 400 - 500 Sq.ft
Desired Location India
EVERI Dealership Training and Support
On-Site Support Yes
Head Office Guidance Yes
IT Systems Provided Yes
Frequently Asked Questions
The minimum area required to start an EVERI franchise is 400-500 square feet, making it a relatively compact and manageable space for entrepreneurs.
The estimated investment required to start an EVERI franchise in India ranges from 1,000,000 to 2,000,000, providing a clear understanding of the financial commitment involved.
There are less than 10 EVERI outlets currently operational in India, indicating a vast opportunity for growth and expansion for potential franchisees.
Yes, the EVERI franchise can be a viable business opportunity for small-scale entrepreneurs in India, given the relatively moderate investment requirements and manageable space needs.
As a franchisee, you can expect comprehensive support from EVERI, including training, marketing assistance, and ongoing operational guidance to ensure the success of your business.
With the right location, management, and support from EVERI, you can potentially expect a significant return on investment from your franchise, making it a lucrative business opportunity in India.
You can apply for an EVERI franchise in India by contacting the company directly or through a franchise listing platform, and the typical timeline for setup will depend on various factors, including location, investment, and operational preparations.
While specific skills or experience may be beneficial, EVERI provides comprehensive training and support to its franchisees, making it possible for entrepreneurs from diverse backgrounds to succeed in the business.
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