Hotline: 1800 102 2007
Hotline: 1800 102 2007
Mar, 13 2015

Firefox Bikes in the fast lane

India will have around 35 more Firefox bike outlets in the next one year. Firefox Bikes Pvt Ltd operates 170 stores in the country at present and looks forward to add 30 to 35 outlets every year to its present kitty.

Firefox Bikes in the fast lane

India will have around 35 more Firefox bike outlets in the next one year. Firefox Bikes Pvt Ltd operates 170 stores in the country at present and looks forward to add 30 to 35 outlets every year to its present kitty.

Sharing his business plan, Anil Gandhi, Marketing Head, Firefox Bikes Pvt Ltd, told Franchise India, “We are fast expanding into metro and tier II cities in the country. Of late, there has also been a good scope in tier III cities as well and we are moving towards that side too. We will come up with 30 to 35 outlets this year as we open the same number of stores every year. We presently run 170 stores in India.”

The brand has seen a good growth of its hi-end and premium bikes in the country. “Changing lifestyle, rising awareness and need for eco-friendly vehicles have led to the growth of these two segments at Firebox. Despite, the Indian bicycle industry witnessing stagnant growth over the last few years, Firefox has seen annual growth of 25 to 30 per cent,” Anil Gandhi added further.

The first company-owned Firefox Bike Station was opened in Delhi in April 2005. The Bike Station proved a success and provided the template for future expansion. Firefox teamed up with Trek Bicycle Corp, USA, for exclusive distribution of Trek in India in 2006. In 2010 this tie-up was further strengthened with the introduction of the iconic Gary Fisher Collection.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Packaged Food Products
    Dear Distributors, We are Anjali seafood LLP. Manufacturers of All forms..
    Locations looking for expansion GUJARAT
    Establishment year 2012
    Franchising Launch Date 2014
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater PORBANDAR GUJARAT
  • Organic Products
    Started as a small unit in 2014, We have evolved..
    Locations looking for expansion Gujarat
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Vadodara Gujarat
  • Facility Management
    •          Started in the USA, Cleanomatics - a St..
    Locations looking for expansion Haryana
    Establishment year 2008
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater faridabad Haryana
  • Education Supplies
    Twig2tree Akademia - a venture of Think Zenith Pvt Ltd..
    Locations looking for expansion Haryana
    Establishment year 2013
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities