Franchise Opportunities

Mega Guest Rooms

Category: Home Based Businesses
Area Req: 1400sq feet or more
No. of Franchise Outlets : 2
Investment: Rs. 2lac - Rs.5lac

 

Business Details

mega guest rooms provides guest rooms for working men or working women with all comfort levels including food and other services.we are headquartered in chennai. we started operations in 2006 and now have more than 40 satisfied guests who had stayed at our place earlier.we provide cost effective efficient and high end guest room facilities at affordable cost for women or men.
we are looking for franchises all over india who have a residential property with built up area exceeding 1400sqft and 3 or more bedrooms in a prime locality.we provide consultancy ,training system introduction and we take care of advertisement and business promotion while the franchise should take the responsibility for day to day operations

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Mega Guest rooms Investment Details

Date Commenced Operations : 2006
Date Commenced Frachising / Distribution : 2010
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 2lac - Rs.5lac 1 lakh 10%
Types of Channels Investment Margin Area Requirement
Retailer 0 20% 1400+ sq f
Retailer Rs. 1 Cr. - Rs. 2 Cr
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 Andaman and 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? : 15-25%
What is the likely pay back period of capital for a unit franchise? : 2 years
Are there other investment requirements? : other investment will be required if the franchise wants to generate additional profits

Mega Guest rooms Property Details

What type of property is required for this franchise opportunity? : own or leased house/flat/apartment with 3 or more bedrooms in a prime locality
Floor area requirement : 1400sq feet or more . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : close to it parks, industrial estates, colleges educational institutes, tourist spots and easily accesible by bus /train

Mega Guest rooms Training Details

Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? : chennai or online
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? : No

Mega Guest rooms Other Details

Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : 3
Is the term renewable? : Yes

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