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Roambay

Hotel Chain Roambay Franchise Cost – How to get, Contact, Apply, Fee

  • Roambay
  • Roambay
  • Roambay
  • 3000 - 20000 Sq.ft
    Area Req
  • INR 20 Lakh - 30 Lakh
    Investment Size
  • Less than 10
    No. Of Franchise Outlets
  • 2019
    Establishment Year

About brand - Roambay

Roambay is revolutionizing the way backpackers and travelers experience accommodation, offering more than just a place to sleep. By focusing on social interaction, coliving, and shared workspaces, Roambay creates vibrant, dynamic communities wherever it operates. The company’s mission is to provide a seamless blend of comfort, connectivity, and camaraderie for travelers, making it the go-to destination for those seeking both adventure and a sense of belonging.

Headquartered in India, Roambay is on an exciting global expansion path, targeting key travel hotspots around the world. The brand’s success is built on its commitment to professionalism, creating meticulously curated living spaces, providing excellent customer service, and offering guests an enriching, memorable stay. Roambay isn’t just offering an accommodation solution; it is building a movement that is redefining the backpacker experience.

For investors, Roambay presents a unique opportunity to be part of a vision that aims to reshape the travel and hospitality landscape. With its proven track record, passionate team, and strong business model, Roambay offers potential for both financial returns and the chance to be part of an innovative venture in the ever-growing travel industry.

Franchise Details:

  • Franchise Cost: Rs. 20,00,000 - Rs. 30,00,000
  • Franchise/Brand Fee: Rs. 4,00,000
  • Royalty/Commission Percentage: 10%
  • Expected Return on Investment (ROI): 40%
  • Payback Period for Capital Investment: 1-3 years
  • Floor Area Requirements: 3,000 - 20,000 Sq. Ft.

Key Features:

  • Investment Range: The initial investment for a Roambay franchise is between Rs. 20 lac and Rs. 30 lac, making it a medium to large-scale investment opportunity in the hospitality sector.
  • Franchise/Brand Fee: Franchisees are required to pay a one-time franchise fee of Rs. 4,00,000, which grants them the rights to operate under the Roambay brand and use its business model.
  • Royalty/Commission: The franchise agreement includes a royalty fee of 10% of the revenue generated, which helps support the ongoing marketing, training, and operational support provided by Roambay.
  • Return on Investment (ROI): Roambay offers an expected ROI of 40%, which reflects the potential profitability of investing in a unique accommodation model focused on community and co-living.
  • Payback Period: The expected payback period for the capital investment is 1-3 years, depending on the location and market dynamics, allowing franchisees to recover their investment in a relatively short time frame.
  • Floor Area Requirements: To establish a Roambay franchise, a minimum floor area of 3,000 to 20,000 square feet is required, allowing for both smaller locations in urban areas and larger sites in tourist hotspots.
  • Support and Training: Roambay offers extensive training and ongoing support to franchisees, ensuring they can effectively manage their facilities and provide excellent services to guests. The company’s support includes operational guidance, marketing assistance, and insights into creating the best customer experience.
  • Expansion Potential: As part of Roambay's global expansion, franchisees have the opportunity to establish properties in some of the most attractive and high-demand travel destinations worldwide, tapping into a market of international travelers, digital nomads, and adventure-seekers.

Roambay offers a truly unique franchise opportunity in the travel and hospitality sector, targeting the growing backpacker and digital nomad market. With its innovative approach to accommodation, emphasis on social interaction and community, and commitment to quality, Roambay is poised for continued global success. Investors can benefit not only from strong financial returns but also from being part of a revolutionary concept that is reshaping the travel experience. Whether you are an experienced entrepreneur or new to the industry, Roambay provides the tools and support to build a successful and rewarding business.

Roambay Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2019

Franchise Commenced On 2024

Franchise Details
Units

Investment INR 20lakh - 30lakh

Franchise/Brand Fee INR 400000

Royalty/Commission 10 %

Master / Multi Units

City Wise

Investment INR 20lakh - 30lakh

Unit/Brand Fee INR 400000

Master/Brand Fee INR 1500000

Royalty/Commission 10 %

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 40 %

Likely pay back period of capital for a Unit Franchise 1-3 Years

Roambay Expansion Plans

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, 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

 

Tags: Hotel, Travel & Tourism Business Franchise in Delhi   |   Hotel, Travel & Tourism Business Franchise in Haryana   |   Hotel, Travel & Tourism Business Franchise in Himachal Pradesh   |   Hotel, Travel & Tourism Business Franchise in Jammu and Kashmir   |   Hotel, Travel & Tourism Business Franchise in Punjab   |   Show more...

Roambay Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 3000 - 20000 Sq.ft

Preferred location of unit franchise outlet Highly Accessible, Good Approach, Central or Exclusive Location

Roambay Franchise Training

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

Roambay Franchise Agreement Details

How long is the franchise term for? 7 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get Roambay Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get information about Roambay franchise, you can fill up the application form provided on the website and get all the details viz. Roambay franchise fee, Roambay franchise cost, Roambay apply process and more.

Interested in Roambay Franchise? Apply here

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