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Lugsto Services Private Limited. Franchise Details

  • Area Req
    50 - 100 Sq.ft
  • Investment Range
    INR 10000 - 50 K
  • No. Of Franchise Outlets
    200-500

Lugsto Services Private Limited. Products and Services

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.

Lugsto Services Private Limited. Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2018

Franchise Commenced On 2019

Franchise Details
Units

Investment INR 10000 - 50000

Franchise/Brand Fee INR 25000

Royalty/Commission 50 %

Details

Anticipated percentage return on investment 100 %

Likely pay back period of capital for a Unit Franchise 4-11 Months

Other investment requirements No

Lugsto Services Private Limited. Expansion Plans

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

 

Lugsto Services Private Limited. Franchise Property Requirements

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

Lugsto Services Private Limited. Franchise Agreement Details

How long is the franchise term for? 1 Year

Interested in above brand? Submit your interest here.

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