Go south
About:
Savera, one of the first star hotels in Chennai is a trademark for hospitality. Serving millions of customers, it has gained equity and goodwill. Under its umbrella, it offers cuisines of various fabric and culture, making it a connoisseur’s delight. With immense appreciation from its customers, Savera now takes these brands pan India through the franchise model in the Franchisee Owned Franchisee Operated (FOFO) format.
Go south Investment Details
Commenced Dates
| Date Commenced Operations | 1980 |
| Date Commenced Franchising / Distribution | 2017 |
Franchise Details
Units
| Area | Investment | Franchise/Brand Fee | Royalty/Commission |
|---|---|---|---|
| 500 Sq.ft | Rs. 30lac - 50lac | 750000 |
Expansion Locations
| North | Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttar Pradesh, Uttaranchal |
| South | Andhra Pradesh, Karnataka, Kerala, Tamil Nadu |
| East | Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal |
| West | Goa, Gujarat, Maharashtra, Rajasthan |
| Center | Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh |
| Union Territories | Andaman and Nicobar, Chandigarh, Daman and Diu, Lakshadweep, Pondicherry |
Franchise Details (Optional)
| Want to expand | Nationwide |
| Exclusive territorial rights to a unit | No |
| Performance guarantee to unit franchisee | No |
| Anticipated percentage return on investment | 82 |
| Likely pay back period of capital for a unit franchise | 1 - 2 Year |
| Other investment requirements | No |
Go south Training Details
| Detailed operating manuals for franchisees | No |
| Where is franchisee training provided? | |
| Is field assistance available for franchisee? | Yes |
| 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? | Yes |
Go south Property Details
| Type of property required for this franchise opportunity | Commercial |
| Floor area requirement | 500 Sq.ft |
| Preferred location of unit franchised outlet |
Go south Other Details
| Do you have a standard franchise agreement? | Yes |
| How long is the franchise term for? | 5 Year |
| Is the term renewable? | Yes |
Go south
Category : Food and Beverage
Area Req : 500 - 5000 Sq.ft Sq. Feet
Franchise Outlets : Less than 10
Investment: Rs. 30 Lac - Rs. 50 Lac
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