Gostops Hospitality pvt Ltd

Area Requirement -N/A-
Investment Size INR 10 Lac - 20 Lac
Franchise Outlets 10-20

Business Detail

About Us:

Gostops is a premium chain of travellers hostels across India. We provide travellers with a bed in a dorm coupled with various facilities like AC, Wi-Fi, House Keeping, Security all wrapped together in a blanket of social experience with common areas for travellers to interact and have fun at an affordable price.

Investment Detail

Commenced Operations

Operations Commenced On 2015

Franchising / Distribution Commenced On 2016

Franchise Details

UNITS

Location Store wise

Investment INR 10lakh - 20lakh

Franchise/Brand Fee INR 000

Royalty/Commission 10 %

Expansion Locations

North

Himachal Pradesh, Delhi, Punjab, Uttaranchal, Uttar Pradesh

South

Karnataka, Telangana

East

West Bengal

West

Goa

Central

UNION TERRITORIES

Chandigarh

Franchise Details

Territorial rights for unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 30%

Payback Period 2-5 Years

Any Other Requirements No

Property Details

Type of property required for this franchise opportunity Commercial

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

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is term renewable? Yes