About Us:
Lugsto, a New Delhi based luggage storage start up is progressively becoming a leader in the luggage storage speciality space marking a steady growth for the start up since April 2018.Lugsto is India's first online aggregator for luggage storage in India. Lugsto is having Luggage storage sites located inside existing businesses, including retail outlets, hotels, cafes, and more. Every piece of luggage is secured with unique security seals provided for free at Lugsto partner location. The locations are spread across major cities of India, which covers all the major area of the city like airports, railways stations, bus station and market hubs.
Lugsto is focused on creating more space in ever expanding cities, by solving the problem caused by lack of short term storage solutions in the market. Lugsto offers multiple affordable and convenient luggage storage locations close to major transit areas and key tourist spots across India, through ensuring existing space is utilized better.
Lugsto’s service is now available in Mumbai, Chennai, Jaipur, Pune, Dehradun, Rishikesh, Vishakhapatnam Lucknow, Hyderabad, Bhopal, Indore, Haridwar, Bangalore, Ahmedabad, Kanpur, Banaras and Agra as well, with plans to roll out nationally over the next 6 Months. Lugsto is transforming the short-term storage industry by helping people store their bags and personal items for a few hours or days at local shops, hotels and small businesses. Lugsto operates as a marketplace and aims to make unused space accessible in a way that benefits consumers and small business owners.
Operations Commenced On 2018
Franchise Commenced On 2019
Investment INR 10000 - 50000
Franchise/Brand Fee INR 25000
Royalty/Commission 50 %
Anticipated percentage return on investment 100 %
Likely pay back period of capital for a Unit Franchise 4-11 Months
Other investment requirements No
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 50 - 100 Sq.ft
Preferred location of unit franchise outlet Delhi Bangalore Hyderabad Ahmedabad Chennai Kolkata Surat Pune Jaipur Lucknow Kanpur Nagpur Indore Thane Bhopal Visakhapatnam Pimpri-Chinchwad Patna Vadodara Ghaziabad Ludhiana Agra Nashik Ranchi Faridabad Meerut Rajkot Kalyan-D
How long is the franchise term for? 1 Year
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