New port resorts Pvt. Ltd.
Investment Size INR 50 Lac - 1 Cr
Franchise Outlets No Outlets
La Ros Restaurant Banquet is synonymous with success in fine dining alco-beverage industry in India. This is your chance to join the fine dine bandwagon and bring La Rose Resto experience to your location, to capitalize on the growing alco-beverage and fine dining culture of India, and be equal partners in offering the beer worldliness that has delighted millions of customers to date.
Its a great opportunity to embrace your entrepreneurial spirit without all the risks that come with starting their own business from scratch.
Low Risk Investment
- Success rates for franchises are greater than 90 percent, making this the lowest failure rate of any type of business.
- A 1999 U.S. Chamber of Commerce study found that 86 percent of franchises were still under the same ownership and 97 percent of them were still in business after five years.
- A seven-year research study found that 91 percent of franchised businesses were still operating compared to a mere 20 percent of individual startups.
Franchise Requirements
Space 1200 -1500 sq.ft. (carpet area) (minimum) but recommended 2000-2500 sq.ft. in commercial malls or at high streets.
Estimated investment: 70 Lac to 4.2 Cr
Agreement Term: 9 Years
Franchise format Franchisee Owned Franchisee Operated (FOFO)
Royalty: 7-8% of the net sales or a fixed amount equal to 5% of the projected sale whichever is higher shall be paid by the franchisee to the company. Monthly PDCs of the fixed amount for the term of the agreement to be given by the franchisee to the company. The fixed royalty amount shall be increased by 10 percent after every 3 years during the agreement term.