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Hotline: 1800 102 2007
Hotline : 1800 102 2007
Hotel Chain

Spaga Hotels

Area Requirement 5000 Sq.ft
Investment Size INR 0 - 0
Franchise Outlets Less than 10
Business Detail

Grow with us towards a successful future in the hospitality industry become a part of India's top rated hotel chain!

About Spaga:

Spaga is one of Indias hotel chain. As a company in the hotel industry, we aim to combine a deep guest centric DNA with cutting-edge hospitality technology, that offers our guests unmatched value for money and quality stays at our hotels. We are not only larger than traditional hotel chains, we are also among the highest rated by guests.

Spaga was founded by Midhun Sebastian. The top management comprises of functional experts and management talent from Naipunnya college of Kerala

Our Business Model:

We works on a franchisee model, where in we tie-up not only with already established hotels, but also with hotels under construction and yet to be constructed hotels. In this endeavor, we also provide end to end support to the franchisee, including during the construction phase of the hotel. Some of the support provided include:

-Design Consultation
-Project Management
-Vendor Support for various services

Once the construction of the hotel is complete, we then proceed to the next stage of support, including but not limited to:

-Support during the pre-opening stage (staff hiring, training and management, hotel listing and quality inspections)

-Sales Marketing
-Inventory management
-Customer Support

We will run at an average occupancy rate of more than 75% across all our hotels vis-a-vis the industry average of 50-55%, at a very healthy ARR of Rs. 2200+. By partnering with us, hotel partners see a bump of 3 to 5 times in their monthly profits. Since a large part of the business is prepaid, and since these monies flow through Treebo, we also have significant control on the cash flows in the business.

For providing our services to get the hotel up and running, as well as ensuring a healthy occupancy rate with great sales, we take a modest share from the overall room revenue.

Franchise Facts Requirements:

Land Area Required:At least 5000 Sq. Ft.

Total Built Up Area Required:At least 12000 Sq. Ft.(For under construction properties)

Investment Required:1 crore to 5 crores (Based on type of project)

ROI:12% to 25% (based on type of project)

Expected Break Even:3 years to 7 years (based on type of project)

Location:Pan India (Land or property should be in an area suitable for hotel construction)

Franchisor Support:

We provide support across the entire value chain:

Design Development:

  • -Spagas Architectural partner for construction of the hotel
  • -Ready design templates to choose from
  • -Flexible designs to incorporate investors aspirations
  • -Networkof contractors and builders to construct the hotels

Hotel Operations:

  • -Access of Spagas network of operators and mgmt. contractors
  • -Providing Spaga's operational qualitystandards
  • -Quality assurance manager for every property to inspect and solve issues in the property

Procurement:

  • -Spagas strong pan India network of vendors
  • -Price benefits due to economies of scale with large volumes
  • -Assured quality for products services

Technology:

  • -Best In class central reservation system
  • -App for inspection and instant reporting of issues
  • -Real time dashboards
  • -Frequent induction of new technologies in every field

Human Resource:

  • -Staff hiring support HR policies
  • -Training programme modules
  • -Staff motivation through incentives, rewards and recognition

Sales Marketing:

  • -Spagas best in class sales and marketing machinery
  • -Dynamic revenue management system
  • -Strong online offline sales presence
  • -Benefits from Spaga's marketing campaigns
Investment Detail
Commenced Operations
Operations Commenced On 2018
Franchising / Distribution Commenced On 2018
Franchise Details
UNITS
Location Store wise
Investment INR 10000 - 50000
Master / Multi Unit
Region Wise
Investment INR 10000 - 50000
राज्य अनुसार
Investment INR 10000 - 50000
शहर अनुसार
Investment INR 5 Cr. above
Expansion Locations
North
Delhi, Haryana, Himachal Pradesh, Punjab, Uttaranchal, Uttar Pradesh
South
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
East
Assam, West Bengal, Sikkim
West
Gujarat, Rajasthan, Maharashtra, Goa
Central
Chhattisgarh, Jharkhand
UNION TERRITORIES
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Franchise Details
Anticipated percentage return on investment 20%
Payback Period 2-7 Months
Any Other Requirements No
Property Details
Type of property required for this franchise opportunity Commercial
Area Requirement 5000 Sq.ft
Preferred location of unit franchise outlet Locations fit for running a hotel
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

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