Bio Veda Action Research company formerly known as Biotique Pvt Ltd was founded by one of the most influential and admired entrepreneurs Ms. Vinita jain in the year 1992. Being a pioneer in natural skin care category, the company has proven track record of providing high quality products.
In India Biotique products are available through 40,000 + multi brands outlets and 1000+ shop in shops. The company has its store in New Delhi. The Company also supplies its products to 300 hotel chains in India.
Support to the Franchisee: Bioveda Action Research Company will continuously assist franchisees in monitoring and managing the business to run it on profit as well as to have satisfied customers.
Set up: The franchisor will assist franchisees in selection of best location for the store. It will also assist in layout, design, architecture, besides purchasing of furniture, equipments and fit-outs.
Training: The franchisor will provide comprehensive training to all franchisees on service operations, standard check up procedures, accounting, inventory control etc. In addition employees from all verticals would be trained to continuously groom and enhance their operating efficiences.
Inventory management: The franchisor will play a major role in stock supply, control checks on goods delivery , replenishment ordering and product range maintenance.
Franchisee Coordinator: The franchisor will appoint dedicated personnel to bridge the communication between the franchisee and the franchisor.
Facilitation: The franchisee will benefit from ongoing R&D campaigns and related market development initiatives taken up by franchisor from time to time.
Advertising and promotions: The franchisor in association with franchisee will organise events specific to marketing /branding at the national level including participation in expos, sponsoring events, tie ups with publications, besides promoting franchisees through own website & social media and much more.
PR Support: The franchisor will ensure regular coverage at national and regional level, besides helping in centralized brand building through print, outdoor, web, retail & electronic media.
Operations Commenced On1992
Franchising / Distribution Commenced On2015
Area200 – 500 sq. ft.
Investment Rs. 10lac - 20lac
Franchise/Brand Fee 3 lac
Royalty/Commission- NA -
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal
Karnataka, Kerala, Tamil Nadu
Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal
Goa, Gujarat, Maharashtra, Rajasthan
Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh
Andaman and Nicobar, Chandigarh, Daman and Diu, Lakshadweep, Pondicherry
Want to expandNationwide
Exclusive territorial rights to a unit franchise No
Performance guarantee to unit franchisee No
Anticipated percentage return on investment 70% - 80%
Likely pay back period of capital for a unit franchise 1.5 – 2 years
Other investment requirements - NA -
Type of property required for this franchise opportunity Ideally a ground flo
Floor area requirement 200 – 500 sq. ft.
Preferred location of unit franchise outlet High street, Mall, Near Premium Neighborhood
Detailed operating manuals for franchisees Yes
Franchisee training location At company centre and franchisee centre
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Year
Is the term renewable? Yes