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  • Area Req
    500 - 5000 Sq.ft
  • Investment Range
    Rs. 30lac - 50lac
  • Franchise Outlets
    Less than 10
Business Details

About:

Savera, one of the first star hotels in Chennai is a trademark for hospitality. Serving millions of customers, it has gained equity and goodwill. Under its umbrella, it offers cuisines of various fabric and culture, making it a connoisseur’s delight. With immense appreciation from its customers, Savera now takes these brands pan India through the franchise model in the Franchisee Owned Franchisee Operated (FOFO) format.

Investment Details

Commenced Operations

Operations Commenced On1980

Franchising / Distribution Commenced On2017

Franchise Details
Units

Area500

Investment Rs. 30lac - 50lac

Franchise/Brand Fee 750000

Royalty/Commission- NA -

Expansion Locations
North

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

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana

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 82

Likely pay back period of capital for a unit franchise 1-2 Year

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 - NA -

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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