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Hotline: 1800 102 2007
Hotline : 1800 102 2007
Foreign Exchange (FOREX)

Ice Multi Business Pvt. Ltd.

Area Requirement -N/A-
Investment Size INR 50 K - 2 Lac
Franchise Outlets Less than 10
Business Detail

Ice Multi BusinessPvt. Ltd. Brings franchise opportunity for you in travel sector!

The Company M/s Ice Multi BusinessPvt. Ltd. was established and incorporated on 25/02/2011 with registrar of Companies Kanpur with main object to carrying onForeign Exchange business and company start their business in year 2013 with FFMC license which includes the activities of buying selling of foreign exchange subject to approvaland sanctioned by reserve Bank of India.

The Companys activities will be jointly managed by all directors of the company and all of the them having wide rich experience in business and shall be assisted and supported by the dedicated of professional experienced staff to handle the foreign exchange business. The company is having the necessary infrastructure and funds to carry on the Full Fledged Money changer Business.

Back Ground:

Thatthe CompanyM/s ICE Multi BusinessPrivate Limited has beenpromotedbyMr. Santosh Kashyap and Ashok Kashyapandaccordingly the Company has been incorporated on 25/02/2011 with main object to carrying onForeign Exchange business which includes the activities of buying selling of foreign exchange andimport export of foreign currencies. EtcBesides above, the Company may take upthe business under moneytransfer service scheme (MTSS).

Experience of Directors:

That the promoter directors Mr. Santosh Kashyap and Mr Ashok Kashyapare having Nine years extensive experience in foreign exchange including money transfer business which would be assets to the company in promoting the Companys business.

Professionals:

Since the Directors of this company are well qualified and experienced in foreign exchange business, beside the Company has decided to engage the services of the professionals for conducting the Companys business of foreign exchange on the sound footing and successfully.

The Companys activities have been further jointly managed by all Directors of the company and all of the them has wide rich experience in business, and further being assisted and supported by the dedicated of professional experienced staff who are well conversant and versed with RBI guidelines instructions issued from time to time to handle the business properly.

Now the company is running two branches in Varanasi city and The company is having the necessary infrastructure and funds to carry on the Multiple/unified Full Fledged Money changer Business, besides there is an additional advantage for the Company to have the business premises in centrally located in area of Varanasi .

Projections of Foreign Exchange Business:

TheCompany hasplanned projection forturnover ofits foreign exchange business and Directors are also confident, and optimistic in carrying on this business sanguinely to achieve the planned targetsas mentioned herein under. The Directors of the company are being financial sound and also well placed besidesenjoyingan excellent creditability and reputation in the market.

Company Services:

  • Foreign exchange
  • Western union money transfer
  • Tour and travels
  • Domestic money transfer
  • Credit and debit cards swapping
  • Insurance
  • Holiday packages
  • Passport and visa immigration services
  • Domestic and international air tickets
  • Conference handling
  • Currency cards

Future Prospects:

With continued emphasis on economic liberalization and stable politicaland social environments in the country and the inflow of tourists and business travelers continuedto increase steadily. Since the Money Changer business has become services industry, therefore, as such prospectus for the FFMC Company appears to be bright which is continually preparing itself to make optimum use of the dynamicscenario.

Plan to open about 17 Branches in financial year, cities like

  • New Delhi
  • Bangalore
  • Amritsar
  • Bodhgaya
  • Kolkata
  • Kochi
  • Ludhiana
  • Pune
  • Mumbai
  • Chennai
  • Chandigarh
  • Ranchi
  • Hyderabad
  • Leh
  • Jalandhar
  • Macleodganj
  • Manali

Join us to deliver the quality services and get lucrative returns for your investments with us.

Ice Multi BusinessPvt. Ltd. Team

Investment Detail
Commenced Operations
Operations Commenced On 2011
Franchising / Distribution Commenced On 2015
Franchise Details
UNITS
Location Store wise
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 150000
Royalty/Commission .15 %
TRADE PARTNERS
TRADE PARTNER - 1
TYPES OF CHANNELS Dealer
INVESTMENT (IF ANY)Rs. 10lakh - 20lakh
MARGIN / COMMISSIONS 50%
AREA REQUIREMENT125 - 300 Sq.Ft. - Sq.ft
Master / Multi Unit
Region Wise
Investment INR 20lakh - 30lakh
Unit / Brand fee INR 300000
Master / Brand fee INR 200000
Royalty/Commission 70 %
राज्य अनुसार
Investment INR 5lakh - 10lakh
Unit / Brand fee INR 200000
Master / Brand fee INR 175000
Royalty/Commission 50 %
शहर अनुसार
Investment INR 10000 - 50000
Unit / Brand fee INR 175000
Master / Brand fee INR 150000
Royalty/Commission 40 %
Expansion Locations
North
Delhi, Haryana, Himachal Pradesh, Punjab, Uttaranchal, Uttar Pradesh
South
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
East
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West
Gujarat, Rajasthan, Maharashtra, Goa
Central
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
UNION TERRITORIES
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Franchise Details
Anticipated percentage return on investment 15%
Payback Period -
Any Other Requirements NO
Property Details
Type of property required for this franchise opportunity Others
TRAINING DETAILS
Detailed operating manuals for franchisees Yes
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
AGREEMENT & TERM DETAILS
How long is the franchise term for? 10 Years

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