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Hotline: 1800 102 2007
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Religious (Pooja) material manufacturing

Laurels Products Private Limited

  • Area Req
    600 - 1000 Sq.ft
  • Investment Range
    INR 10000 - 50 K
  • Franchise Outlets
    Less than 10
Business Details
40% small + 20%med1 + 20%of Med2 + 20% of Large
Net PROFIT-98,300

PROCEDURE TO SIGN UP

  1. Franchise shall need to sign up an LOI before getting into the discussions about the agreement by paying Franchise fee in total 100% (i.e. 3 lacs)
  2. Once the LOI is signed up then company will issue a Letter of Authority to the party for involving in discussions, finalization and Signing of Agreements
  3. The Day when the both the parties execute the agreement in two copies and exchange it, is considered to be the start of agreement and to start the assignment of Lots. Also the remaining payment shall be done on the same day by Franchise.
  4. Company seeks NDA (Non Disclosure Agreement) from the Franchise to maintain confidentiality over the Raw Materials Used / Stock Produced etc. Franchise will be fully responsible if any terms of NDA or voided and Company will seriously considers it and executes the actions which are specified in NDA
  5. Company will Dispatch the Raw Materials to Franchise in a time span of 4days to 7 days after the NDA is made at max from the Company.
  6. Both the Parties need to appoint Dedicated QC In charges for their Plants in exchanged manner for training(i.e. QCI of Franchise will work at Franchisee’s Unit and QCI of Franchisee will work at Franchise’s Unit). However, Salary, Accommodation and other expenses of concerned QCI’s have to take care by their Employer only.
  7. After Receiving the Raw Materials Franchise can start working with Dipping and Packing Process and dispatch back with the finished products by issuing an Invoice copy for stock transfer along with the QC Report 1 Issued at Franchise’s Unit.
  8. After Receiving, The Finished Products, QC Report1 and Invoice Copy, Company will initiate to generate the QC Report 2 by the QCI of Franchise.
  9. If both the QC Reports are matched up to 90% Accuracy, then Company will release the payment to Franchise as promised.
  10. All the Financial Transaction’s mode will be either Cheque/DD/RTGS Only. No Cash Transactions are allowed at any stage.
  11. Franchise has to execute at least 1 Premium lot and 1 regular lot per month and maximum as decided by the company.

If the Franchise is having higher production capacity then the investment calculations will be multiplied accordingly.

Investment Details

Commenced Operations

Operations Commenced On 2016

Franchise Commenced On 2017

Franchise Details
Units

Investment INR 10000 - 50 K

Master / Multi Units

City Wise

Investment INR 10lac - 20lac

Unit/Brand Fee INR 300000

Expansion Locations
North

Haryana, Himachal Pradesh, Delhi, Punjab, Uttaranchal, Uttar Pradesh

South

Karnataka, Kerala, Tamil Nadu, Telangana

East

Odisha, Sikkim, West Bengal

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

Union Territories

Chandigarh, Pondicherry

Franchise Details

Exclusive territorial rights to a unit franchisee Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 120 %

Likely pay back period of capital for a unit franchisee 6 - 10 Months

Other investment requirements Yes

Property Details

Type of property required for this franchise opportunity Rented

Floor area requirement 600 - 1000 Sq.ft

Preferred location of unit franchise outlet Isolated and Outskirts

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Franchisors Premises

Expert guidance from Head Office to franchisee in opening the franchise Yes

Agreement & Term Details

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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