Business Categories
Others Food Service

HINEXT BUSINESS SOLUTIONS

  • Area Req
    100 - 200 Sq.ft
  • Investment Range
    INR 10000 - 50 K
  • No. Of Franchise Outlets
    Less than 10
About Us

About Us:

HiNext originally entered the food and beverage services market in early 2018 as an accounting solution. As a multi-platform (Windows and Android with Cloud-Sync) accounting solution it was deemed easy to sell despite the highly competitive market landscape. The idea was to build a market place around accounting services in this fast-growing industry sector. Given the market size, we thought it was an idea that would still reap fantastic gains.

It was then we went to the market to sell the accounting services and discovered that restaurateurs were frustrated with having to choose between 7 to 8 vendors to run all aspects of their business. There was no means to integrate various existing systems. The front end, for instance, could not be integrated with the backend nor the backend with a kitchen management system for that matter none of the systems could communicate with each other.

Our marketing and tech team assessed the market experiences to conclude that this was a brilliant opportunity if we could bring in all aspects of managing a restaurant on one single platform. This required not only going back to the drawing board but to get real-time learnings from the markets we so wished to serve.

The solution was Eatinng, a platform that was created multiple iterations and market testing. Every module was thoughtfully integrated to give restaurant owners the tool they desired and deserved. Eatinng will help restaurant owners compete in a world that’s characterized by performance, speed, and modularity.

Currently deployed in over 100 restaurants, Eatinng is expected to be a market disruptor that will help restaurants grow while delighting their customers and keeping them ahead of the curve. Based on its initial outing, Eatinng is poised to win hearts, accolades, and markets as an extremely valuable application in the Food-Service Industry.

Investment Details

Commenced Operations

Operations Commenced On 2018

Franchise Commenced On 2019

Franchise Details
Units

Investment INR 10000 - 50000

Master / Multi Units

City Wise

Investment INR 10000 - 50000

Unit/Brand Fee INR 25000

Royalty/Commission 30 %

Details

Anticipated percentage return on investment 60 %

Likely pay back period of capital for a Unit Franchise 1-3 Months

Other investment requirements 25000

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

 

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 100 - 200 Sq.ft

Preferred location of unit franchise outlet NA

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location BANGALORE AND ONLINE

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? Lifetime

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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