What
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  • imageAdvertising & Marketing
  • imageAutomotive
  • imageBusiness Dealerships
  • imageBusiness Services
  • imageEducation
  • imageFood & Beverage
  • imageHealth & Beauty
  • imageHome Based
  • imageHome Services
  • imageOthers
  • imagePet
  • imageRetail
  • imageTravel & Leisure
Where
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At a glance
5 Lakhs - 10 Lakhs
Investment Range
26 - 50
Franchise Count
501 - 1,000 sq.ft
Area Required
18 - 24 months
Payback Period
2
Years in Franchising

About the brand

Thave Enterprises Franchise

Franchise Quick Facts

Brand Name Thave Enterprises
Industry / Business Category Electric Vehicles / Office Products & EVs
Founded Year 2008
Franchise Started Year 2023
Total Franchise Outlets 20–50
Estimated Investment INR 5 Lakh – 10 Lakh
Franchise Fee Included in investment range
Royalty Fee Not explicitly stated; typically covers support, branding, and training
Space Requirement 500–600 sq.ft
Staff Requirement Sales personnel, technical service staff, and showroom attendants
Expected Payback Period 1–2 years

1. What is Thave Enterprises?

Thave Enterprises is a multi-segment company with operations in office products and electric vehicles, particularly e-rickshaws, electric scooters, motorcycles, and mopeds. The brand targets both individual consumers and businesses, including fleet operators, institutions, and urban transport providers. It falls under the sustainable mobility and EV franchise category, providing eco-friendly transportation solutions.

Business Concept

Thave Enterprises integrates product manufacturing, sales, and service support. The franchise concept allows investors to operate showrooms for EVs while leveraging the brand’s technical expertise, supply chain, and established dealer network. Customers experience accessible, cost-effective electric mobility with professional guidance and after-sales service.

2. How the Business Operates

Franchise outlets interact directly with customers through showrooms, test drives, and demonstration centers. The operational workflow includes:

  • Customer consultation and vehicle demonstration
  • Processing orders through the centralized ERP system
  • Coordinating manufacturing and delivery from Thave’s production facilities
  • Providing installation (charging infrastructure, if applicable) and maintenance services
  • Generating revenue through vehicle sales, spare parts, and service contracts

This structured approach ensures operational efficiency and consistent service standards.

3. Products or Services Portfolio

Franchisees offer:

Electric Three-Wheelers E-rickshaws and e-loaders for urban transport and delivery
Electric Two-Wheelers Scooters, motorcycles, and mopeds for personal commuting
Office Products (Optional) Stationery, furniture, and printing equipment
Test Drive & Consultation Services Hands-on experience and product guidance
Maintenance & After-Sales Support ICAT-approved service standards with spare parts availability

4. The Franchise Opportunity

Franchise partners operate a local showroom and sales point under the Thave Enterprises brand. Responsibilities include:

  • Customer engagement and sales management
  • Coordinating deliveries and maintenance
  • Local marketing and lead generation
  • Ensuring compliance with Thave’s operational and quality standards

Franchisor support covers supply chain, technical training, marketing, and ERP integration.

5. Investment and Startup Requirements

Estimated Investment INR 5 Lakh – 10 Lakh
Franchise Fee Typically included in overall investment; may cover branding, ERP access, and support
Setup Costs Showroom construction, demonstration area, initial stock of EVs, marketing, and staff hiring
Royalty/Recurring Fees Normally applied for ongoing brand and operational support

6. Outlet Setup and Infrastructure

Space 500–600 sq.ft for showroom, demo area, and office
Location High-traffic urban areas for visibility and accessibility
Equipment Vehicle display, test drive setup, charging stations (if applicable)
Staffing Sales consultants, technical support, and service personnel

7. Franchise Support and Training

Operational Training Vehicle knowledge, customer service, and ERP management
Store Setup Assistance Showroom design and product display
Marketing Guidance Local campaigns, online presence, and exhibitions
Supply Chain Support Centralized procurement for vehicles, parts, and accessories
Ongoing Support Maintenance protocols, training refreshers, and customer feedback analysis

8. Revenue Model and Profit Considerations

Revenue streams include:

  • Vehicle sales (three-wheelers and two-wheelers)
  • After-sales service and spare parts
  • Optional office product sales

Profitability factors:

  • Strong demand for EVs in urban and semi-urban regions
  • ICAT-approved quality and government-recognized credentials
  • Repeat business from fleet operators and public sector clients
  • Expected ROI in 1–2 years depending on location and sales performance

9. Brand Background and Growth

Founded in 2008 as an office products supplier, Thave Enterprises entered the EV market in 2023 with ICAT-approved electric three-wheelers and two-wheelers. The brand leverages a network of over 100 resellers and dealers across key Indian states. Expansion goals include establishing additional franchise showrooms and tapping into the growing D2C electric vehicle market.

10. Brand & Franchise Snapshot

Brand Name Thave Enterprises
Industry Electric Vehicles
Business Category EVs & Office Products
Founded Year 2008
Franchise Started Year 2023
Total Franchise Outlets 20–50
Estimated Investment INR 5 Lakh – 10 Lakh
Franchise Fee Included in investment range
Royalty Fee Typically covers ongoing support
Space Requirement 500–600 sq.ft
Staff Requirement Sales and technical personnel
Expected Payback Period 1–2 years

11. Who Should Consider This Franchise

  • Entrepreneurs interested in electric mobility and sustainable solutions
  • Investors targeting urban transport and last-mile delivery solutions
  • Individuals seeking a franchise with both product sales and service revenue
  • Operators capable of managing a small showroom and technical support

13. Similar Franchise Opportunities

  • Mahindra Electric Vehicle Dealerships
  • Kinetic Green EV Outlets
  • Okinawa Electric Scooter Franchise
  • Hero Electric Showrooms
  • TVS iQube Dealer Network

These brands operate in the Indian electric mobility sector, providing comparable franchise opportunities for investors.

Automotive Electric Vehicles B2C Owner-Operated Individual

Investment and financials

Cost overview
Investment range5 Lakhs - 10 Lakhs
Franchise / Brand feeAvailable on inquiry
Royalty / CommissionAvailable on inquiry
Investment tierMid
Area required501 - 1,000 sq.ft
Staff required5 - 15
Setup complexityComplex
Renewal availableYes
Returns outlook
Expected monthly revenue
30,000 to 95,000 per month
Revenue levelLow
Business modelB2C
Capital payback18 - 24 months
Capital sensitivityMedium

Investor fit profile

Operations
Operation modeOwner-Operated
Location typeHigh Street
Home-based possibleNo
Can run part-timeNo
Primary customerIndividual
Market characteristics
SeasonalityHigh
Recession resistanceHigh
Digital integrationHigh
Years in franchising2 years
Avg units / year17.5
Expansion velocityModerate
Ideal for
Small business owner Career changer Graduate entrepreneur Forward-thinking investor

Franchise support

Training and agreement details
Renewal available
Yes

Brand strength

2
Years Franchising
17.5
Avg Units / Year
2023
Founded
B
Brand Tier
B
Tier B — Growing brand
A+Established AMature BGrowing CStartup
Growing Moderate

Forefind rank history

#34#66#98#1302023202420252023: #1572024: #542025: #36
Current rank
#36
#36 of 99 in Electric Vehicles
2025
Moved up 121 places since 2023
Based on Forefind scoring model

Licences and compliance

Required licences and registrations for operating this franchise in India. Requirements may vary by state and city tier.
EV Dealer License
Trade License
Setup complexity: Complex

Frequently asked questions

The total investment ranges between INR 5 Lakh – 10 Lakh, covering showroom setup, initial stock, and franchise fee.

Franchisees handle sales, customer consultation, deliveries, and service support while leveraging centralized procurement, ERP, and technical guidance from the franchisor.

A showroom of 500–600 sq.ft is recommended to accommodate display, demo, and service areas.

Typical payback is 1–2 years depending on sales volume, location, and service adoption.

Prospective franchisees contact Thave Enterprises to submit business credentials, undergo evaluation, and complete onboarding with franchisor support. ## 13. Similar Franchise Opportunities

Disclaimer: All scores, rankings, and estimates on ForeFind are independently produced editorial assessments using publicly available data and validated brand-submitted information. They are not verified facts, financial advice, or investment recommendations. Full Disclaimer.

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