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Ayurvedic, Herbal & Organic Products

Biotique

  • Area Req
    200 – 500 sq. ft.
  • Investment Range
    Rs. 10lac - 20lac
  • Franchise Outlets
    - NA -
Business Details

About Company:

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.

 

Investment Details

Commenced Operations

Operations Commenced On1992

Franchising / Distribution Commenced On2015

Franchise Details
Units

Area200 – 500 sq. ft.

Investment Rs. 10lac - 20lac

Franchise/Brand Fee 3 lac

Royalty/Commission- NA -

Expansion Locations
North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal

South

Karnataka, Kerala, Tamil Nadu

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

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

Franchise Details

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 -

Property Details

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

Training Details

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

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Year

Is the term renewable? Yes

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