Franchise Opportunities

Worldspace India Limited

Category: Entertainment
Area Req: 100-250 (1 Sq Mtr = 10.76 Sq Ft.)
No. of Franchise Outlets : 50
Investment: Rs. 10,000 - Rs. 50,000

 

Business Details

was founded in 1990 by Noah A. Samara, its Chairman and CEO, with a mission to provide digital satellite audio, data and multimedia services primarily to the emerging markets of Africa and Asia. A pioneer of digital satellite radio, Mr. Samara was also instrumental in the development of the satellite radio industry through his early involvement with XM Satellite Radio in the United States.

The company’s mission is to provide a variety of high quality programming through a subscription-based service that uses low-cost portable satellite radios and is available in underserved markets that lack programming choices. WorldSpace is the first and only company with rights to the world’s globally allocated spectrum for digital satellite radio. Its broadcast footprint covers over 130 countries including India and China, all of Africa and the Middle East and most of Western Europe – an area that includes five billion people and more than 300 million automobiles. Its two fully operational satellites and ground infrastructure are based on proprietary and patented technology.


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WORLDSPACE INDIA LIMITED Investment Details

Date Commenced Operations : 2002
Date Commenced Frachising / Distribution : 2002
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 10,000 - Rs. 50,000
What areas are available for Unit franchise? : Nationwide
Where are you looking for expansion?
North New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal
West Gujarat, Rajasthan, Maharashtra, Goa
East Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim
South Kerala, Karnataka, Orissa, Tamil Nadu
Center Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories Andaman & Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Is there exclusive territorial rightsgiven to a unit franchise? : Yes
Are any performance guarantees given to unit franchisees? : No
What is the anticipated percentage return on investment? : 33
What is the likely pay back period of capital for a unit franchise? : 3 month
Are there other investment requirements? : 0

WORLDSPACE INDIA LIMITED Property Details

What type of property is required for this franchise opportunity? : OFFICE SPACE
Floor area requirement : 100-250 . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : prime location

WORLDSPACE INDIA LIMITED Training Details

Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? :
Is field assistance available for franchisees? : Yes
Will someone from Head Office assist me when I open my franchise? : Yes
What IT systems do you presently have that will be included in the franchise? :

WORLDSPACE INDIA LIMITED Other Details

Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : Life time
Is the term renewable? : Yes

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