About Us:
FOODEL is a Quick Service Restaurant chain established by three young entrepreneurs namely Lingraj P, Shubham Rai and Rajesh Shindhe. Established on 06th March 2018 with a vision to provide quality food at economic price, delivered at the comfort of people’s doorstep. FOODEL deals in Takeaway, Home delivery, Subscription and catering of delicious, hygienic and quality food. An idea conceived over a plate of biryani and kebab laid the founding stone for FOODEL, a pep talk which turned into a plan and a plan that was thoroughly discussed and further bought into life after sleepless nights, never ending financial crisis, tough decisions hard work and perseverance of founding members and lots of support, love and blessings of Family & Friends.
Operations Commenced On 2018
Franchise Commenced On 2019
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 100000
Royalty/Commission 4 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 40 %
Likely pay back period of capital for a Unit Franchise 2-4 Years
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Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
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Type of property required for this franchise opportunity Commercial
Floor area requirement 300 - 600 Sq.ft
Franchisee training location At the Franchisor's main Outlet
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? Lifetime
Is the term renewable? Yes
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