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Richfeel Trichology Centre

  • Area Req
    -
  • Investment Range
    Rs. 50lac - 1 Cr.
  • Franchise Outlets
    50-100
Business Details

About the Brand

 

A journey that has transformed an idea into an institution called Richfeel (Hair Doctors to the Nation).

 

Richfeel Trichology Centre (an ISO 9000 – 2001 certified company) is India's first and most advanced Hair Science Centre looking for Investors. Being No. 1 brand associated with hair and scalp care in India; it offers a complete solution to all your hair and scalp problems like dandruff, alopecia, hair loss, premature greying, male and female pattern thinning, along with the latest hair camouflaging techniques: Non-surgical, Surgical and Temporary. Equipped with professional training and hands-on experience to recognize and treat most hair and scalp conditions and also access to the most up-to-date scientific information technology and state-of-art facilities.

 

Offering Franchise Owned & Company Operated Models with Fixed Interest Model and Sales Commission Model in select roll-out cities (Jammu, Chennai, Bangalore, Delhi, Pune, Bhopal, Allahabad, Guwahati, Agra, Coimbatore and Kochi). The investors can double his/her Income in 7 years.

 

Richfeel is one of India’s most renowned and oldest Trichology center set by India’s first trichologists Dr Apoorva Shah and Dr Sonal Shah. They have saved thousands of people from the curse of balding and helped people from all over the world with their hair problems. The expertise of this duo and their expert trained and experienced trichologists who have been serving people with hair problems for 30+ years. Richfeel is the only brand dedicated to all kind of Hair & Scalp related solutions under one umbrella “Richfeel Trichology Center”. Currently Richfeel Trichology Center is over 83+ Locations spread across 15+ States (presence in 29+ Cities) in India.

 

Richfeel Promoters

Dr Apoorva Shah and Dr Sonal Shah are names synonymous with hair and scalp care, not only in India, but across the world. Dr. Apoorva Shah has pioneered the trichology concept in India and has featured in the Limca book of records as India’s first certified trichologist. He is also popularly referred to as the “Shah of Trichology” for his extensive work. From pioneering to raising an empire in the trichology segment, Dr. Apoorva Shah and Dr. Sonal Shah have come a long way from just being India’s early trichologists.

 

Richfeel Franchise Owned & Company Operated (FOCO) Models to double your Income in 7 years

 

Option I: Investment only option

·      Investment: Rs. 60 Lakhs

·      Average Monthly Return: Rs. 1.37 Lakhs

·      Tenure: 84 months

·      Total Fixed Return for 84 months: Rs. 1.15 Cr.

·      Interest Income for 84 months: Rs. 30 Lakhs

·      Total Income: Rs. 1.45 Cr.

·      Income Tax: Rs. 33 Lakhs

·      Net Amount: Rs. 1.12 Cr.

·      Interest: 21% reducing balance

·      No Time Commitment required, company would manage the clinic on behalf of the investor

·      Decision on Location & City solely lies with the company

 

Option II: Sales Commission Model

·      Investment: Rs. 60 Lakhs

·      Average Monthly Return: Rs. 1.82 Lakhs

·      Tenure: 84 months

·      Total Fixed Return for 84 months: Rs. 1.53 Cr.

·      Interest Income for 84 months: Rs. 31 Lakhs

·      Total Income: Rs. 1.84 Cr.

 

Investment Details

Commenced Operations

Operations Commenced On1986

Franchising / Distribution Commenced On2005

Franchise Details
Units

Area- NA -

Investment Rs. 50lac - 1 Cr.

Franchise/Brand Fee - NA -

Royalty/Commission- NA -

Expansion Locations
North

Delhi, Jammu and Kashmir, Uttar Pradesh

South

Karnataka, Kerala, Tamil Nadu

East

Assam

West

Maharashtra

Central

Madhya Pradesh

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 - NA -

Likely pay back period of capital for a unit franchise 3-4 Year

Other investment requirements - NA -

Property Details

Type of property required for this franchise opportunity - NA -

Floor area requirement - NA -

Preferred location of unit franchise outlet - NA -

Training Details

Detailed operating manuals for franchisees No

Franchisee training location

Is field assistance available for franchisee? No

Expert guidance from Head Office to franchisee in opening the franchise No

Current IT systems will be included in the franchise No

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 7 Year

Is the term renewable? Yes

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