Hotline: 1800 102 2007
Hotline: 1800 102 2007
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Glocal food ventures

  • Area Req
    150 - 400 Sq.ft
  • Investment Range
    INR 2 Lac - 5 Lac
  • Franchise Outlets
    Less than 10
Business Details

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.

Investment Details

Commenced Operations

Operations Commenced On 2018

Franchise Commenced On 2019

Franchise Details
Units

Investment INR 2lac - 5lac

Franchise/Brand Fee INR 50000

Royalty/Commission 3 %

Master / Multi Units

State Wise

Investment INR 2lac - 5lac

Unit/Brand Fee INR 50000

Master/Brand Fee INR 300000

Royalty/Commission 3 %

Expansion Locations
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

Franchise Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 30 %

Likely pay back period of capital for a unit franchisee 1-2 Years

Other investment requirements 20000

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 150 - 400 Sq.ft

Training Details

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

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5-No of years Years

Is the term renewable? Yes

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