FOODEL: Quick Service Restaurant

Area Requirement 300 - 600 Sq.ft
Investment Size INR 5 Lac - 10 Lac
Franchise Outlets No Outlets

Business Detail

About Us:

FOODEL is a Quick Service Restaurant chain established by three young entrepreneurs namely Lingraj P, Shubham Rai and Rajesh Shindhe. Established on 06th March 2018 with a vision to provide quality food at economic price, delivered at the comfort of peoples doorstep. FOODEL deals in Takeaway, Home delivery, Subscription and catering of delicious, hygienic and quality food. An idea conceived over a plate of biryani and kebab laid the founding stone for FOODEL, a pep talk which turned into a plan and a plan that was thoroughly discussed and further bought into life after sleepless nights, never ending financial crisis, tough decisions hard work and perseverance of founding members and lots of support, love and blessings of Family Friends.

Investment Detail

Commenced Operations

Operations Commenced On 2018

Franchising / Distribution Commenced On 2019

Franchise Details

UNITS

Location Store wise

Investment INR 5lakh - 10lakh

Franchise/Brand Fee INR 100000

Royalty/Commission 4 %

Expansion Locations

North

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

West

Central

UNION TERRITORIES

Franchise Details

Territorial rights for unit franchise Yes

Anticipated percentage return on investment 40%

Payback Period 2-4 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 300 - 600 Sq.ft

TRAINING DETAILS

Franchisee training location At the Franchisor's main Outlet

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

Do you have a standard franchise agreement? Yes

How long is the franchise term for? Lifetime

Is term renewable? Yes