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  • Area Req
    500 - 5000 Sq.ft
  • Investment Range
    INR 30 Lac - 50 Lac
  • 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 On 1980

Franchising / Distribution Commenced On 2017

Franchise Details
Units

Investment INR 30lac - 50lac

Franchise/Brand Fee INR 750000

Expansion Locations
North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

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

Franchise Details

Anticipated percentage return on investment 82 %

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

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 500 - 5000 Sq.ft

Training Details

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 Years

Is the term renewable? Yes

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