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Hotline: 1800 102 2007
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Placio

  • Area Req
    -N/A-
  • Investment Range
    INR 50 Lac - 1 Cr
  • No. Of Franchise Outlets
    Less than 10
Business Details

About Us:

India’s fastest growing network for students Co-Living Housing.

Placio is a user-friendly digital platform that brings a new way of life for the students of Universities. Founded on the belief of community-based living, it entails co-living in an environment where experience is more important than possession. The Placio platform offers fully furnished shared rooms and private rooms to like-minded students who can have a comfortable and hassle-free stay with each other. Placio offers carefully curated places of living which are not only comfortable but also budget friendly for young minds.

 

Investment Details

Commenced Operations

Operations Commenced On 2016

Franchise Commenced On 2019

Franchise Details
Units

Investment INR 50lac - 1 Cr.

Franchise/Brand Fee INR 200000

Royalty/Commission 8 %

Expansion Locations
North

Delhi, Uttaranchal

South

Karnataka, Tamil Nadu, Telangana

East

Assam, West Bengal

West

Gujarat, Maharashtra, Rajasthan

Central

- NA -

Union Territories

Chandigarh

Franchise Details

Anticipated percentage return on investment 117 %

Likely pay back period of capital for a Unit Franchise 1-8 Years

Property Details

Type of property required for this franchise opportunity Domestic

Preferred location of unit franchise outlet Near Educational Universities

Training Details

Franchisee training location Delhi

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

Agreement & Term Details

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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