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Hotline: +91-991 5466 777
Hotline: +91-991 5466 777

Laurels Products Private Limited - Franchise

Laurels Products Private Limited - Franchise
Category : Home Based Business Investment: Rs. 10 k - Rs. 50 k 600 - 1000 Sq. Feet Less than 10

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.

Laurels Products Private Limited - Franchise Investment Details

Commenced Dates

Date Commenced Operations 2016
Date Commenced Franchising / Distribution 2017


Franchise Details

Units

Area Investment Franchise/Brand Fee Royalty/Commission
600 - 1000 Sq.ft Rs. 10000 - 50 K    

 

Master/ Multi Units

Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
City Wise Rs. 10000 - 50 K   NIL NIL
 
State Wise Rs. 10000 - 50 K   NIL NIL
 
Region Wise Rs. 10000 - 50 K   NIL NIL
 

 

Expansion Locations

North Delhi, Haryana, Himachal Pradesh, Punjab, Uttar Pradesh, Uttaranchal
South Karnataka, Kerala, Tamil Nadu, Telangana
East Odisha, Sikkim, West Bengal
West Goa, Gujarat, Maharashtra, Rajasthan
Center Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh
Union Territories Chandigarh,Pondicherry

 

Franchise Details (Optional)

Want to expand Nationwide
Exclusive territorial rights to a unit Yes
Performance guarantee to unit franchisee Yes
Anticipated percentage return on investment 120
Likely pay back period of capital for a unit franchise 6 - 10 Month
Other investment requirements Yes

Laurels Products Private Limited - Franchise Training Details

Detailed operating manuals for franchisees Yes
Where is franchisee training provided? Franchisors Premises
Is field assistance available for franchisee? No
Will someone from Head Office provides assistance to franchisee in opening the franchise? Yes
What IT systems do you presently have that will be included in the franchise? No

Laurels Products Private Limited - Franchise Property Details

Type of property required for this franchise opportunity Rented
Floor area requirement 600 - 1000 Sq.ft
Preferred location of unit franchised outlet Isolated and Outskirts

Laurels Products Private Limited - Franchise Other Details

Do you have a standard franchise agreement? Yes
How long is the franchise term for? 3 Year
Is the term renewable? Yes
Laurels Products Private Limited - Franchise

Laurels Products Private Limited - Franchise

Category : Home Based Business
Area Req : 600 - 1000 Sq. Feet
Franchise Outlets : Less than 10
Investment: Rs. 10 k - Rs. 50 k

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