We are an Indo-German company that creates various innovative products. We are looking for young entrepreneurs aspiring to start a business or have a business. This product we need franchisees for is a unique technological solution that lets users watch video on who's at the door and unlock the door via their smartphone. No similar product exists in the market. We have already found suppliers for all parts and all that our business partners need to do is invest in components, assemble the final product and sell them as they deem fit. We will supply the software and training about the product to you.
Operations Commenced On 2017
Franchising / Distribution Commenced On 2018
Investment INR 2lac - 5lac
Franchise/Brand Fee INR 20000
Royalty/Commission 15 %
| Types of Channels | Investment (If any) | Margin / Commissions | Area Requirement |
|---|---|---|---|
| 3 | Rs. 2lac - 5lac | 20% | 500 - 10000 Sq.ft |
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Bihar
Andaman and Nicobar, Pondicherry, Chandigarh
Exclusive territorial rights to a unit franchise Yes
Anticipated percentage return on investment 30 %
Likely pay back period of capital for a unit franchise 1-1 Years
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
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
