Franchise Opportunities

The Pasta Bar Veneto

                                         

Category: Food And Beverages
Area Req: 300sft - 1500sft (1 Sq Mtr = 10.76 Sq Ft.)
No. of Franchise Outlets : 4
Investment: Rs. 30lac - Rs. 50lac

 

Business Details

What made Fifth Avenue Hotels & Resorts foray into specialty restaurants was the lack of authentic Italian Pasta chains in India. The globe trotting food loving people of Chennai welcomed the Pasta Bar Veneto – India’s first chain of Italian restaurants with open arms. Soon The Pasta Bar Veneto became the talk of the town and was featured in many publications for its authenticity and ambience, followed by a plethora of awards such as the Times Food Award for the best Italian restaurant 2011and Network 18 award for most popular pastas. What makes The Pasta Bar Veneto truly remarkable is its classy décor, lively music and warm service
Under the pioneering leadership of Mr. Vinodh Sharma, Managing Director, The Pasta Bar Veneto has opened four restaurants in Chennai and Pondy and another ten planned in the next six months, delivering the classic Italian dining experience to the mature Indian palate.
The next step towards franchising has begun with four new franchised restaurants set to open in the next two months. The restaurants have been conveniently classified Grande, Prima and Dolce based on the size of the space, thus being flexible in terms of the location, to cater to the myriad populace across the country.

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The Pasta Bar Veneto Investment Details

Date Commenced Operations : 2010
Date Commenced Frachising / Distribution : 2011
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 30lac - Rs. 50lac Rs.10 lac 8%
Master / Multi Units
Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
Region Wise Rs. 2 Cr. - Rs. 5 Cr
State Wise Rs. 1 Cr. - Rs. 2 Cr
City Wise Rs. 30lac - Rs. 50lac
What areas are available for Unit franchise? : International
Nationwide

Where are you looking for expansion?
North New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pardesh
West Gujarat, Rajasthan, Maharashtra, Goa
East Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim
South Kerala, Karnataka, Orissa, Tamil Nadu, Andhra Pardesh
Center Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories 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? : 20-25%
What is the likely pay back period of capital for a unit franchise? : 2 years
Are there other investment requirements? : no

The Pasta Bar Veneto Property Details

What type of property is required for this franchise opportunity? : High Street, Shopping Malls
Floor area requirement : 300sft - 1500sft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : High Street, Shopping Malls

The Pasta Bar Veneto Training Details

Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? : Corporate Office. Chennai
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? : Yes

The Pasta Bar Veneto Other Details

Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : 5
Is the term renewable? : Yes

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