Grexter redefines living accommodation for the young with Co-living Hostels for long-term stay, where students and professionals can live a comfortable and hassle-free accommodation.
Grexter is the market leader in premium co-living segment and one of the top 5 Co-living Players in India. We're tied up with the biggest developers in the country. Having raised Seed Funding of $1.5 Million, what started as a 3 house operation expanded by leaps and bounds over the last 3 years.
Why Grexter Living
1. Coliving/Shared living is today's Millennial preference and necessity. Because this Plug and Play model gives spatial and financial flexibility, ensures social capital and copes with the shortage of space, organized premium PGs and restrictions to bachelors.
2. There will be a requirement for more than 5Lakh beds in Bengaluru over the next 1 year as companies are calling people back to office.
3. shows high Returns with low investment
4. takes only 6 months to start making money
5. gives you an opportunity to network with awesome people
6. Accommodation is one of the primary need
As a Grexter Franchise Owner you get the following:
1. We help you select the property, negotiate a good deal with the owner and set the business strategy.
2. We get you furniture on rent reducing your investment amount by more than a half. Otherwise, It usually takes 20 to 25lacs to start a Pg.
3. Generate Leads using our website and social media handles
4. We assist you with SOPs to run your operations smoothly
5. We provide you technology: app and CRM to run your business efficiently and remotely
Cherry on the cake: a great brand backing you up.
Operations Commenced On 2015
Franchise Commenced On 2021
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 100000
Royalty/Commission 6 %
Likely pay back period of capital for a Unit Franchise 0-0 Months
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Karnataka
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Type of property required for this franchise opportunity Domestic
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? 3 Years
Is the term renewable? Yes
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