Franchise Opportunities

Corpotel

Category: Hotels
Area Req: min 10,000 -01acr (1 Sq Mtr = 10.76 Sq Ft.)
No. of Franchise Outlets : 1
Investment: Rs. 2 Cr. - Rs. 5 Cr

 

Business Details

CORPOTEL is a unique hotel management company that functions like a partner - not just a consultant. The group values owners' knowledge of local conditions and welcomes their participation in property conceptualisation and policy formation.
CORPOTEL are built around a unique concept that provides facilities to meet the key needs of today's traveller, at surprisingly affordable rates.
India’s first of its kind chain of Smart Hotels. In fact, CORPOTEL is not just a hotel but an innovative concept which has the potential to redefine the way the business travel is done in India.
A Concept to created a revolution in the world of Indian hospitality. A GenNext category of hotels, they signify simplicity, convenience, informality, style, warmth, modernity and affordability.
We strive to achieve excellence by providing all the basic and modern amenities required by smart business travelers, at a competitive price.

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CORPOTEL Investment Details

Date Commenced Operations : 2010
Date Commenced Frachising / Distribution : 2010
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 2 Cr. - Rs. 5 Cr franchisee fee
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? : Yes
What is the anticipated percentage return on investment? :
What is the likely pay back period of capital for a unit franchise? :
Are there other investment requirements? :

CORPOTEL Property Details

What type of property is required for this franchise opportunity? :
Floor area requirement : min 10,000 -01acr . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : corporate hub,counrtyside

CORPOTEL Training Details

Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? : at location
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

CORPOTEL Other Details

Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : Life time
Is the term renewable? : No

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