Business Categories
Booking & Accomodation

HostelsIN Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    -N/A-
  • Investment Range
    INR 10000 - 50 K
  • No. Of Franchise Outlets
    No Outlets

About brand - HostelsIN

HostelsIN provides online Hostel booking services.

 

 

Below is the brief of our basic franchise structure.

HostelsIN FRANCHISE STRUCTURE

 

Franchise Location: Indore

Rs.50, 000/- for initial cost of Franchise fee (50% refundable after 3 months up to 6th month from date of franchise)

Rs.10,000/- to be spend every month on an advertisement for next 3 months which will start immediately after completion of 1 month from the date of the franchise.

A Franchise needs to arrange sufficient funds for the full payment of the required Franchise fee. Franchise fee must be paid at the time of contract signing.

This price will include HostelsIN brand name.

The franchise shall be responsible for building the required Infrastructure, Signage, Promotional materials as well as Local Marketing to promote the brand and bring Business. HostelsIN will spend 10% of the Initial franchise fee on Social Media Marketing for their particular location. Expected period for Return on investment is 2-3 months but depending upon Franchise's efforts, the return on investment is possible to start in 1-2 months.

The franchise shall be entitled to 60% of the Gross Sales generated from 1st month and HostelsIN will collect 40% Royalty fee out of gross Sales from the Franchise. P&L statement will be due for submission on quarterly or upon demand by HostelsIN.

They will get help with Customer Service, updating their CRM.

The franchise will get HostelsIN portal to update the database.

HostelsIN will provide ongoing Promotional Items at no charge to the Franchise.

HostelsIN will provide extensive training and certification to become an Authorized Franchise.

A Franchise must get training and certified prior to opening a location. It is required because in order for you to be efficient and successful we believe one must know all aspects of the Business.

The franchise is responsible for hiring quality employees as per requirement. Required crew for a location should include, One Branch Manager (this could be you) & One Sales Executive (this could be you) able to work on vehicles. HostelsIN will help with building the team.

If additional training support is required HostelsIN will provide Master trainers for assistance. The franchise will be responsible for their lodging and meals.

HostelsIN will provide 24/7 Tech Support, Troubleshooting or any other Customer Service related issues that may arise. We are here to build a solid foundation of our brand. Customer service is our main goal.

Any future Franchise that will be sold through the Franchise will entitle them for 10% commission of the franchise fee generated by the sale of that franchise.

 

Franchise structure includes:

HostelsIN brand name

Franchise cost Rs 50, 000/-

Sources of Income

 

  • Online Booking.
  • Advertisement.
  • Registration fees.

As mentioned above, this is a brief of what we'll have as an official Agreement. Hope this email answers most of your questions. Please feel free to contact for any questions or concerns you may have. Looking forward to doing business with you soon.

PLEASE NOTE: - More than the just money we are looking for the strategic partners. For the right partners, we are willing to modify this franchise structure according to the individual needs of our clients.

Best regards.

Siddharth Shukla

Chief Marketing Executive

 

HostelsIN Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2016

Franchise Commenced On 2016

Franchise Details
Units

Investment INR 10000 - 50000

Franchise/Brand Fee INR 50000

Royalty/Commission 40 %

Master / Multi Units

City Wise

Investment INR 10000 - 50000

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 100 %

Other investment requirements no

HostelsIN Expansion Plans

North

- NA -

South

- NA -

East

- NA -

West

- NA -

Central

Madhya Pradesh

Union Territories

- NA -

 

HostelsIN Franchise Training

Detailed operating manuals for franchisees Yes

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

HostelsIN Franchise Agreement Details

How long is the franchise term for? Lifetime

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get HostelsIN Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get a HostelsIN franchise, you can fill up the application form provided on the website and our expert team will guide you with all the details viz. HostelsIN franchise fee, HostelsIN franchise cost, HostelsIN apply process and more. Our team will guide you during the process to avail HostelsIN franchise.

Interested in HostelsIN Franchise? Apply here

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