Fashion Industry

Only available on StudyMode
  • Topic: Management, Franchising, Franchise
  • Pages : 9 (1396 words )
  • Download(s) : 40
  • Published : February 12, 2013
Open Document
Text Preview
NEW DELHI • LONDON • NOIDA • LAVASA

FRANCHISE OPPORTUNITIES WITH OLD WORLD HOSPITALITY
OPPORTUNITY FOR BUSINESS PARTNERS
Master Franchise / Franchise:
We are searching for multi-unit foodservice and retail operators, as well as other investors who have a history of business success. Other franchise candidates are also encouraged to apply, but will be required to have either experienced, qualified restaurant operators as part of their teams, or must complete our extensive training program. Primary financial requirement will be based upon the number of units envisaged. If a qualified franchisee wishes to open a Chor Bizarre along with a Tikka Town ( or other OWH concept in a city) then franchise for 2, 3 outlets may also be considered.

Our Basic Requirements
Some important criteria you need to meet in order to be considered as a franchise prospect are: •

Commitment to deliver Value & Quality consistently.



Being a full-time, on premises owner/operator



Ability to obtain the necessary financing for the initial investment.



Ability to obtain the necessary permits and statutory approvals from the local authorities to manage the business.

Please complete the request form to receive more information about the Chor Bizarre's franchise program. This is not an offer to purchase a franchise. Offerings are made by Franchise Disclosure Document only. FEE STRUCTURE

Rs. 15,00,000 – 1st Outlet
Rs. 13,00,000 – 2nd & 3rd Outlet
Rs. 12,00,000 – 4th and more..
Inclusive of :
Site Evaluation, Concept, Adaptation to Site Interiors, Conceptualisation & Kitchen Facility Planning, Support in Execution & Supervising, Manufacture of Furniture and some Specialised Kitchen Equipment, Menu Merchandising & Adaptation, Formulation of Standard recipes, Setting Standard Operating Procedures, Recruitment & Training of Personnel, Planning/Marketing Strategies, Scheduling Pre-opening Activities, Coordinating the Grand Launch.

Exclusive of:
All actual expenses incurred locally and including travel. This would typically involve round trip air tickets for the Director, Interior Consultant, Project leader etc. (Approx. 3-4 personnel) During the pre-operational stage lodging and reasonable daily allowance for meals, commuting and ancillary expenses, would also be borne by the Franchisee. (These would be pre-agreed in the Franchise Agreement) Ongoing expenses incurred for the training, travelling and accommodation of management and staff of the franchisee at New Delhi.

Owner / franchisee to provide liaison with designers, services consultants, local public relations and advertising agencies, HRD and legal advisors, local suppliers & vendors and local government authorities.

SCHEDULE OF PAYMENTS OF PRE-OPENING AND TECHNICAL KNOW-HOW FEES: •

Funding of Initial Fact Finding trip of Chor Bizarre Team. (On Actuals)



Upon signing of M.O.U. – 10%



Upon Receiving the Project Feasibility Report - 25%



Upon signing Franchise Agreement - 50%



One week prior to Final Opening Date - 15%

FRANCHISE FEES
The Franchisee Fee of 5% and Marketing Support Fee of 1% on gross sales ( exclusive of VAT and Taxes) payable monthly, for each outlet.

TERRITORY FRANCHISE
An exclusive territory franchise for Chor Bizarre's can also be granted for Single or Multi-Unit Development in a specific geographic area (usually a city , state or Zone).
Franchise agreement shall only be signed with parties who have proven experience and meet O.W.H's requisite financial and operational criteria.
ADVERTISING / P.R.
The franchisee is required to spend 4.0% of gross sales (exclusive of VAT/ Taxes) on advertising within the franchised territory with OWH approval. In addition marketing, promotions and P.R. schemes in tandem with OWH, New Delhi would be adhered to ensure market leadership.

PRE-OPENING AND POST OPENING SUPPORT & TECHNICAL KNOW-HOW INCLUDES PRE-OPENING
Research
Area Market Survey

Pre Opening Consultancy &...
tracking img