Franchise Fee and Royalities
The calculations for Franchise Fee and Royalty are simple and transparent. Franchise Fee is based on the potential of a location / city.
"Franchise: Fee, Investment, Royalty – Your Quick Guide!"
"Navigate Franchising Success: Essential Insights on Fees, Investments, and Royalties"
VLCC Wellness Center
The calculations for Franchise Fee and Royalty are simple and transparent. Franchise Fee is based on the potential of a location / city.
VLCC Wellness Center
The calculations for Franchise Fee and Royalty are simple and transparent. Franchise Fee is based on the potential of a location / city.
Pricing Details
| Area Required | 1800-2200 Sq. Ft. (Carpet Area) |
| Franchise Fee | INR 25 Lac |
| Equipment | Variable costing based on equipment selection. (Approx 35-40 Lac) |
| Interiorss & Fixtures | INR 1500-2000 Rs. Per Sq. Feet |
| Miscellaneous Expense | INR 5 Lac |
| Total Investment | INR 90 Lac - 1.2 Cr |
| Royalty Fees | 18% + FRR (Based on city potential) |
Overview
About the process
- 1
Initial Inquiry
It starts with your initial inquiry expressing interest in becoming a VLCC franchise partner. You can reach out to us through our website, email, or directly at our corporate office.
- 2
Preliminary Discussions
Once we receive your inquiry, our franchise development team will reach out to you to schedule an initial discussion. During this call or meeting, we'll provide you with an overview of our franchise model, the support we offer, and answer any initial questions you may have.
- 3
Site Evaluation
After the preliminary discussions, we'll conduct a site evaluation to assess the feasibility of the proposed location for your VLCC center. This involves evaluating factors like foot traffic, demographics, and competition in the area.
- 4
Franchise Fee and Documentation
Once the site evaluation is completed and deemed suitable, you'll be required to pay the initial franchise fee as outlined in the agreement. The franchise fee covers the rights to operate as a VLCC franchisee and grants you access to our brand, support, and training programs. We'll provide you with the necessary documentation to formalize the franchise agreement. This typically includes the franchise agreement, operational manual, and other legal documents.
- 5
Store Setup and Launch
With the training completed and documentation finalized, we'll assist you in setting up your VLCC center according to our brand standards. This includes interior design, signage, equipment procurement, and stocking inventory.
- 6
Training and Support
Before the center opens, you and your team will undergo comprehensive training at your center. This training covers all aspects of operating a VLCC center, including customer service, product knowledge, marketing strategies, and operational procedures.
- 7
Soft Launch and Marketing
Prior to the official opening of your center, we'll work together on a soft launch strategy to generate buzz and awareness in the local community. This may involve promotional events, social media campaigns, and outreach to potential customers.
- 8
Grand Opening
Finally, we'll coordinate the grand opening of your VLCC center, marking the official launch of your business. Our team will be there to support you during this exciting time and ensure a successful start to your franchise journey.
Frequently Asked Questions
What is VLCC's franchise model like ?
What support does VLCC provide to franchisees ?
What are the initial investment requirements ?
What are the ongoing fees and royalties ?
What are the requirements to become a VLCC franchisee ?
What is the process for applying for a franchise ?
What kind of training is provided to franchisees and their staff ?
How long does it take to start operations after signing the franchise agreement ?
VLCC Salon
The calculations for Franchise Fee and Royalty are simple and transparent. Franchise Fee is based on the potential of a location / city.
VLCC Wellness Center
The calculations for Franchise Fee and Royalty are simple and transparent. Franchise Fee is based on the potential of a location / city.
Pricing Details
| Area Required | 1800-2200 Sq. Ft. (Carpet Area) |
| Franchise Fee | INR 25 Lac |
| Equipment | Variable costing based on equipment selection. (Approx 35-40 Lac) |
| Interiorss & Fixtures | INR 1500-2000 Rs. Per Sq. Feet |
| Miscellaneous Expense | INR 5 Lac |
| Total Investment | INR 90 Lac - 1.2 Cr |
| Royalty Fees | 18% + FRR (Based on city potential) |
Overview
About the process
- 1
Initial Inquiry
It starts with your initial inquiry expressing interest in becoming a VLCC franchise partner. You can reach out to us through our website, email, or directly at our corporate office.
- 2
Preliminary Discussions
Once we receive your inquiry, our franchise development team will reach out to you to schedule an initial discussion. During this call or meeting, we'll provide you with an overview of our franchise model, the support we offer, and answer any initial questions you may have.
- 3
Site Evaluation
After the preliminary discussions, we'll conduct a site evaluation to assess the feasibility of the proposed location for your VLCC center. This involves evaluating factors like foot traffic, demographics, and competition in the area.
- 4
Franchise Fee and Documentation
Once the site evaluation is completed and deemed suitable, you'll be required to pay the initial franchise fee as outlined in the agreement. The franchise fee covers the rights to operate as a VLCC franchisee and grants you access to our brand, support, and training programs. We'll provide you with the necessary documentation to formalize the franchise agreement. This typically includes the franchise agreement, operational manual, and other legal documents.
- 5
Store Setup and Launch
With the training completed and documentation finalized, we'll assist you in setting up your VLCC center according to our brand standards. This includes interior design, signage, equipment procurement, and stocking inventory.
- 6
Training and Support
Before the center opens, you and your team will undergo comprehensive training at your center. This training covers all aspects of operating a VLCC center, including customer service, product knowledge, marketing strategies, and operational procedures.
- 7
Soft Launch and Marketing
Prior to the official opening of your center, we'll work together on a soft launch strategy to generate buzz and awareness in the local community. This may involve promotional events, social media campaigns, and outreach to potential customers.
- 8
Grand Opening
Finally, we'll coordinate the grand opening of your VLCC center, marking the official launch of your business. Our team will be there to support you during this exciting time and ensure a successful start to your franchise journey.
Frequently Asked Questions
What is VLCC's franchise model like ?
What support does VLCC provide to franchisees ?
What are the initial investment requirements ?
What are the ongoing fees and royalties ?
What are the requirements to become a VLCC franchisee ?
What is the process for applying for a franchise ?
What kind of training is provided to franchisees and their staff ?
How long does it take to start operations after signing the franchise agreement ?
Mr. Rohit Khatwani
Business Partner of Jabalpur VLCC Center“Having been part of the VLCC family for nearly a decade now, I am delighted to witness consistent growth in my centers year after year.This is largely due to its continuous service innovations which has significantly boosted revenue.”
Want to know more about Franchise Fee and Royalties
“Our proud association with VLCC is now almost a decade old and both the centres are growing year after year through new service innovations by VLCC, resulting in increased revenue.”