Campaign Story

Joy Hostels : We are starting a chain of hostels in Major cities like Hyderabad and Bangalore.

The cost of starting Joy Hostel franchise is not much high either. If you have been looking for franchise businesses with low investments, this is a great opportunity. You just need a corpus of Rs. 6 to 30 lacs and a minimum carpet area of 2500 square feet as basic investments to open Joy Hostel franchise. The anticipated pay back period of capital invested is just one year-Two years, and the possible return on investments in Joy Hostel franchise is 200 per cent within just 4 years. Although no performance guarantee is given to unit franchises, opening a Joy Hostel franchise will still be a good franchise business under 6 to 30 lac investments. Franchises are also provided with exclusive territorial rights and field assistance to start their ventures.

Terms and Conditions:

Grant of Franchise : The Franchise Agreement will be between Joy Hostels, Hyderabad and Franchise owner

• Initial Franchise Fee: No Franchise fee
• Investment Money: It would be 40-60 between the Joy Hostels and Frachisee
• Profit: It would be share as 60:40 between Joy Hostels and Frachisee
• Minimum and continuing Advertising Fee: The franchisor will take care of Global Advertising.
• Local Advertising: The Franchisee will take care of Local Advertisements, Banners, Pampering, and Marketing in the Local areas.
• Compliance with law: The Franchisee should take the necessary Licenses to start and maintain the Franchise.
• Right to access records of the Franchisee : The Franchisor at any time will be allowed to access all the relevant records of the Franchise through electronic and manual system.
• Initial Term : 3-5 years
• Termination of the agreement : Will not be allowed without prior intimation.
• Termination by the Franchisee : Will not be allowed. If made action will be taken against the Franchisee.
• Settlement of Accounts : If terminated the Franchise is at obligation to settle the amount in full settlement which was in the credit side of Franchisors account.
• The Franchisee will not be allowed to transfer the right to any person.
• Business Location: Hyderabad, Chennai, Bangalore
• Authorized sales and service : Joy Hostels, Hyderabad
• Maintenance, Operation would be taken care by Joy Hostels
• As we do Global market occupancy of hostel is not a big problem
• Overall Cost is going to reduce as we are taking chain of hostels
• Returns will start from 3-5 Months, as we are starting in Prime locations
• Even can Invest in Running hostels and enjoy the Benefits from Intial Months

For More Details call to 9949616388 or investment@angelpromoter.com

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