About Us:
Locomo Hospitality Private Limited - Started off with a vision to provide not just bed and breakfast but an experience to be remembered for lifetime. Currently in 2 cities (Mumbai & Jodhpur), Locomo's moto reflects the city it was born in - Travel Royal
Operations Commenced On 2018
Franchise Commenced On 2019
Investment INR 10lakh - 20lakh
Franchise/Brand Fee INR 100000
Royalty/Commission 10 %
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 75 %
Likely pay back period of capital for a Unit Franchise 6-11 Months
Himachal Pradesh, Jammu and Kashmir, Delhi, Punjab, Uttar Pradesh
Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana
Meghalaya, Mizoram, Sikkim, West Bengal
Goa, Gujarat, Maharashtra, Rajasthan
Madhya Pradesh, Bihar
Pondicherry, Andaman and Nicobar
Type of property required for this franchise opportunity Commercial
Floor area requirement 2000 - 10000 Sq.ft
Preferred location of unit franchise outlet Central/Touristic
Detailed operating manuals for franchisees Yes
Franchisee training location On location
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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