Parchai Software Private Limited

Area Requirement 100 - 200 Sq.ft
Investment Size INR 10 Lac - 20 Lac
Franchise Outlets Less than 10

Business Detail

About Us:

Parchai is a real-time location system (RTLS) for indoor asset tracking and other related use cases.

We help businesses in the education, intralogistics, retail and healthcare domain to optimize operating costs and increase safety and security with location-based intelligence from our proprietary real-time location systems.

Investment Detail

Commenced Operations

Operations Commenced On 2021

Franchising / Distribution Commenced On 2021

Franchise Details

UNITS

Location Store wise

Investment INR 10lakh - 20lakh

Franchise/Brand Fee INR 500000

Royalty/Commission 15 %

Expansion Locations

North

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

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana

East

Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

UNION TERRITORIES

Chandigarh, Daman and Diu, Lakshadweep, Pondicherry, Andaman and Nicobar

Franchise Details

Territorial rights for unit franchise Yes

Anticipated percentage return on investment 20%

Payback Period 6-11 Months

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 100 - 200 Sq.ft

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? 1 Year

Is term renewable? Yes