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Bars, Pubs & Lounge

RISA HOSPITALITYPRIVATE LIMITED

  • Area Req
    -
  • Investment Range
    Rs. 2 Cr. - 5 Cr
  • Franchise Outlets
    Less than 10
Business Details

About:

Started in 2015, 145 is a venture of Risa Hospitality that operates two outlets in the city of Mumbai. An all day cafe & bar, 145 reeks a culture and aura of its own that draws inspiration from the essence of Mumbai band edeavors to creates an appealing synergy of art, culture,feel and and flavour through eccentric in - cafe artifacts and an innovative global food and bar menu. Operating rwo outlets in Mumbai - one at Bandra & another at kala ghoda, 145 is the preferred weekend destination for party animals and passionate foodies, alike 

Investment Details

Commenced Operations

Operations Commenced On2016

Franchising / Distribution Commenced On2017

Franchise Details
Units

Area- NA -

Investment Rs. 2 Cr. - 5 Cr

Franchise/Brand Fee 4500000

Royalty/Commission- NA -

Expansion Locations
North

- NA -

South

- NA -

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 55

Likely pay back period of capital for a unit franchise 2-3 Year

Other investment requirements no

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement - NA -

Preferred location of unit franchise outlet Mumbai & Pune

Training Details

Detailed operating manuals for franchisees No

Franchisee training location Mumbai

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? Life Year

Is the term renewable? Yes

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