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About Us:
As a Knowledge and Innovation Community (KIC) of the European Institute of Innovation and Technology EIT Food connects partners from leading businesses, universities, research centres and institutes across 13 countries in Europe and from the entire food value chain.
EIT food is a pan-European partnership, with a consumer-centred approach, to empower innovators, entrepreneurs and students to develop world-class solutions to societal challenges, accelerate innovation, create jobs and increase Europe’s competitiveness.
The partnership’s aim is to develop a highly skilled food sector, which collaborates with consumers to provide products, services and new technologies, which deliver a healthier lifestyle for all European citizens.
As one of the largest food-related initiatives worldwide. EIT Food wants Europe to lead a global revolution in food innovation and production. EIT Food's ambition is to redesign the way we produce, deliver, consume and recycle our food and to create a future-proof and effective food sector which supports a sustainable and circular bio-economy.
Operations Commenced On 2018
Franchise Commenced On 2019
Investment INR 2lakh - 5lakh
Franchise/Brand Fee INR 50000
Royalty/Commission 3 %
State Wise
Investment INR 2lakh - 5lakh
Unit/Brand Fee INR 50000
Master/Brand Fee INR 300000
Royalty/Commission 3 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 30 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Other investment requirements 20000
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 150 - 400 Sq.ft
Detailed operating manuals for franchisees Yes
Franchisee training location On location
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
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