QSR Startup Raising Funds In Mumbai
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Product / Service
They were overseeing the Mumbai operations for two franchisors, responsible for generating leads and granting franchise licenses to businesses. Now, they have their sights set on launching their very own brand.
Clientele type
Their clientele are businesses that want franchise license.
Premises
They work virtually, from their house only.
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Reason
They are seeking funds to establish their own brand.
Other Details
The promoter has an experience of more than 4 years in the food industry, before which he used to do social media marketing.
In their role with the previous two franchisors, they successfully set up four franchises for one of them, earning a commission of 40,000 rupees per franchise. Their track record speaks volumes about their franchise management expertise, which they now aim to leverage in building their own brand.
They are projecting a turnover of 30 lakhs and have plans to grant licenses to 15 franchises, with an expected 30% profit margin from the turnover.
Business Tags
₹10 to ₹200 Cr
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