Master Franchise Proposal_GOtfs

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Process & Technology Partners: Legal Partners: SME Knowledge Partners: MASTER FRANCHISE PROPOSAL FOR GO! The Franchise Store: Basic Proposal for MF – GO! The Franchise Store The Master Franchise option for Go! The Franchise Store can be procured by paying a Master Franchise Fee of INR 50,00,000/- + Taxes (Rupees Fifty Lakhs plus Taxes only) The MF will be eligible to get a 75:25 share in Unit Franchise Fees. The Unit Franchise performance will also fetch an additional 5% of the Revenue stream. The Master Franchise is given for a period of 10 Years Criteria for MF: a) Should be passionate about the business, process & result oriented along with being disciplined to follow company's guidelines. b) Should have good contact base in the market and should be ready to select various locations across the territory. c) Should have a representative office (min 500 Sqft carpet area) for administrative purpose as well as the Unit franchise recruitment. d) The MF will also be partially responsible for maintaining the effective channel communication within the network of the MF territory. e) The Master Franchisee of Go! The Franchise Store shall be getting the outlets/units across the territory defined in the following break up: Category A (Tier I & Metros) – 10 Category B (Tier II & State Capitals) – 25 Category C (Tier III & Suburbs of Metro / Tier I) – 20

Transcript of Master Franchise Proposal_GOtfs

Page 1: Master Franchise Proposal_GOtfs

Process & Technology Partners: Legal Partners: SME Knowledge Partners:

MASTER FRANCHISE PROPOSAL FOR GO! The Franchise Store:

Basic Proposal for MF – GO! The Franchise Store

� The Master Franchise option for Go! The Franchise Store can be procured by paying a Master

Franchise Fee of INR 50,00,000/- + Taxes (Rupees Fifty Lakhs plus Taxes only)

� The MF will be eligible to get a 75:25 share in Unit Franchise Fees.

� The Unit Franchise performance will also fetch an additional 5% of the Revenue stream.

� The Master Franchise is given for a period of 10 Years

Criteria for MF:

a) Should be passionate about the business, process & result oriented along with being disciplined

to follow company's guidelines.

b) Should have good contact base in the market and should be ready to select various locations

across the territory.

c) Should have a representative office (min 500 Sqft carpet area) for administrative purpose as

well as the Unit franchise recruitment.

d) The MF will also be partially responsible for maintaining the effective channel communication

within the network of the MF territory.

e) The Master Franchisee of Go! The Franchise Store shall be getting the outlets/units across the

territory defined in the following break up:

• Category A (Tier I & Metros) – 10

• Category B (Tier II & State Capitals) – 25

• Category C (Tier III & Suburbs of Metro / Tier I) – 20

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Process & Technology Partners: Legal Partners: SME Knowledge Partners:

The Unit franchisee overview is as follows:

f) The above territories can be across India; the territory and the operational assistance shall be

provided from the Head Office and Regional office network across the country.

g) The UF shall be provided for a period of 5 years and the MF will also be eligible to get a 50% of

the renewal fees.

GENERAL TERMS AND CONDITIONS:

� 75% of Franchise Fee: The MF gets to retain 75% of the Franchise Fees collected from the Unit

Franchisees.

� On renewal of the UF, the MF can retain 50% of the Unit Franchise Fee.

� MF Gets a 5% share of the revenue generated through the on going business of every unit

Franchisee recruited.

DISCLAIMER:

This document and all its contents are the exclusive intellectual property of Franchise Mart India Pvt. Ltd., any unauthorized reproduction or copying of the material

is strictly prohibited. All the terms and conditions as well as the contents should be changed only after seeking a prior written consent from Franchise Mart India

Pvt. Ltd. and failing to do so shall be punitive. The Amounts for the procurement of franchisee is excluding taxes. Service tax shall be levied on the same.

The contents of the same shall be modified from time to time as per the requirements of the companies.

Go!: The Franchise Store: Unit Franchise Overview

Location City Center / Market Area / Mall Atria

Space Required – Shop

Like 100 Sq. Ft. Carpet Area Approx.

Office Set – Up Expense 1.25 Lac Approx.

Manpower Required Minimum 2: (1 Centre Head + 1 Marketing

Executive)

Franchise Fee

For Category A Cities: INR 3,00,000/-

For Category B Cities: INR 2,00,000/-

For Category C Cities: INR 1,00,000/-

Agreement Period 5 Years