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Vignette Hospitality Pvt Ltd

  • Area Req
    500 - 1000 Sq.ft
  • Investment Range
    Rs. 10lac - 20lac
  • Franchise Outlets
    No Outlets
Business Details

Company Background: Vignette Hospitality Pvt Ltd incorported in year 2016, The ideology behind evolution of VIHO was to fill the gap of professional hospitality services to hoteliers and restaurant owners. Growing travel and knowledge about food is helping the patrons to understand the benefits of healthy food with natural recipes and ingredients. Hence, the main purpose of VIHO was to cater to the common masses, a different cuisine which could be easily available and to bring a change in food industry by introducing fusion food.

 

Franchising Details: Food Magik brand is an upgraded trend - A domestic brand which has the capacity to compete with international brands. It serves unique and innovative exquisite mouth-watering delicacies with ultimate quality and standards to suit every taste bud. The idea of catering different flavors to the masses without “digging hole in pocket” was the reason for Food Magik. The first step of Food Magik was to create its own unique and proprietary recipes that will not only be different but also be loved by all age groups. Due to which a research and development team started experimenting the combination of Indian spices with continental and Asian flavors. A R&D kitchen was setup at Airoli, Navi Mumbai on June 2016 and after good amount of research, food magik came out with a fusionized menu. In order to understand the feedback of the same, corporates from Mind space / Reliable Tech park and localites was served the Food Magik Menu through walk in and online orders. Their over whelming response gave Food Magik its 1st property on May 2017 at Kalyan West, Thane.

 

 

Investment Details

Commenced Operations

Operations Commenced On2016

Franchising / Distribution Commenced On2017

Franchise Details
Units

Area500

Investment Rs. 10lac - 20lac

Franchise/Brand Fee 300000

Royalty/Commission8

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 Yes

Performance guarantee to unit franchisee No

Anticipated percentage return on investment - NA -

Likely pay back period of capital for a unit franchise 0- Month

Other investment requirements - NA -

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 500

Preferred location of unit franchise outlet Mumbai

Training Details

Detailed operating manuals for franchisees No

Franchisee training location

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-No of years Year

Is the term renewable? Yes

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