Olib Hospitality

Area Requirement 800 - 8000 Sq.ft
Investment Size INR 50 K - 2 Lac
Franchise Outlets Less than 10

Business Detail

OLIB is the fastest growing Self Study Libraries Chain in India. In India co-working sector is already working but OLIBs primarily deals with co-studying spaces where aspirants/ students can study peacefully for different examinations of India.

We are bringing affordable and trusted accommodation which helps to provide peaceful study libraries where aspirants can shape their future.

Investment Detail

Commenced Operations

Operations Commenced On 2022

Franchising / Distribution Commenced On 2023

Franchise Details

UNITS

Location Store wise

Investment INR 50000 - 2lakh

Franchise/Brand Fee INR 100000

Royalty/Commission 20 %

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Punjab, Uttarakhand, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

West Bengal, Odisha

West

Gujarat, Rajasthan, Maharashtra

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Chandigarh

Franchise Details

Territorial rights for unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 40%

Payback Period 1-1 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 800 - 8000 Sq.ft

Preferred location of unit franchise outlet Urban

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Online

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