Locomo Hospitality Pvt Ltd

Area Requirement 2000 - 10000 Sq.ft
Investment Size INR 10 Lac - 20 Lac
Franchise Outlets Less than 10

Business Detail

About Us:

Locomo Hospitality Private Limited - Started off with a vision to provide not just bed and breakfast but an experience to be remembered for lifetime. Currently in 2 cities (Mumbai Jodhpur), Locomo's moto reflects the city it was born in - Travel Royal

Investment Detail

Commenced Operations

Operations Commenced On 2018

Franchising / Distribution Commenced On 2019

Franchise Details

UNITS

Location Store wise

Investment INR 10lakh - 20lakh

Franchise/Brand Fee INR 100000

Royalty/Commission 10 %

Expansion Locations

North

Himachal Pradesh, Jammu and Kashmir, Delhi, Punjab, Uttar Pradesh

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana

East

Meghalaya, Mizoram, Sikkim, West Bengal

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Madhya Pradesh, Bihar

UNION TERRITORIES

Pondicherry, Andaman and Nicobar

Franchise Details

Territorial rights for unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 75%

Payback Period 6-11 Months

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 2000 - 10000 Sq.ft

Preferred location of unit franchise outlet Central/Touristic

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location On location

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? 3 Years

Is term renewable? Yes