Benefits to the FOFO Partners
No Operational Burden
Franchisees can focus on strategic aspects of the business, such as expansion, while we will handle day-to-day operations. This includes hiring staff, managing inventory, and other operational responsibilities.
Brand Leverage
Franchisees can benefit from our established brand recognition and reputation. RAMANTA's marketing efforts can help drive customer traffic and enhance the credibility of the franchise business.
Consistent Standards
We ensure that the business maintains consistent operational and service standards, which can enhance brand reputation.
Guaranteed Revenue Share
Franchisees receive a share of the margins or revenue made by the stores, which provides a steady source of income.
Our Franchise Proposal
| Model | FOFO | FICO |
|---|---|---|
| Carpet Area | 500 Sq. Ft | 500 Sq. Ft |
| Store Setup Cost | INR 20 Lakhs | INR 20 Lakhs |
| Franchise Fee | INR 3 Lakhs | INR 3 Lakhs |
| Initial Inventory | INR 2.7 Cr | INR 2.7 Cr |
| Total Store Investment* | INR 2.93 Cr | INR 2.93 Cr |
| Gross Margins | 20.6% | NA |
| Minimum Guarantee on Total Investment** | NA | 9% |
| Revenue Share on Total Sales*** | NA | 12% on Jewellery & 1% on Gold, Lab Grown & Accessories |
| IRR on Total Investment | 35% | 25% |
| Payback Period on Total Investment | 43 Months | 47 Months |
| Contract Period | 5-4 Years | |
*Total investment includes setup cost, initial inventory and franchise fee | GST as applicable
**Whichever is higher
Projected returns are indicative estimates based on assumptions and past operational data. Actual results may vary depending on location, operations, market conditions, and management.
Comprehensive Brand Support for FOFO Partners
We will provide a comprehensive operating manual and training to the franchisee partners on:
