Franchise Fee
- The calculations for Franchise Sign up Fee and Royalty Fee are simple and transparent.
- Franchise Sign up Fee is based on the potential of a City / Location.
- It is a one – time payment in consideration for the granting of the Franchise.
- This covers the cost of Location Approval as well as Initial Training of the Staff and Management of the Franchise.
- Monthly Royalty payments equal to a fixed percentage of the collections.
- The Franchise is granted for an initial period of five years, may be renewed.
- Granting of Franchise gives the Franchisee the right to use VLCC Brand Name, VLCC Products and VLCC’s Standard
Service Management System: The Company has created nine supporting systems including brand operation, quality management, marketing and central purchasing, improved-quality early-warning mechanisms, operational quality evaluation system and enhanced overall levels of performance and management. It has set up a service quality supervision center, established a quality management liability system, adopted the three-level (Vice President, Cluster Head and Technical Expert) inspection system, elicited wellness experts’ and specially-invited guests’ public and private investigation, conduct monthly service quality seminars, and ask for customer feedback and replies to customer comments promptly. The multi-level quality monitoring and assessment system and effective communication, feedback and improvement system facilitate the continuous enhancement of service quality.
| VLCC BEAUTY AND WELLNESS CENTER | |
|---|---|
| Area Required | 1800-2200 Sq. Ft. (Carpet Area) |
| Franchise Fee | INR 15,00,000 |
| Equipment | INR 18,00,000 – 20,00,000 |
| Interiors & Fixtures | INR 29,00,000 – 32,00,000 |
| Miscellaneous Expense | INR 1,00,000 |
| IT Expense | INR 2,00,000 |
| Total Investment | INR 65,00,000 – 70,00,000 |
| Royalty Fees | 15% on monthly turnover,whichever is higher |
| VLCC BEAUTY SALON | |
|---|---|
| Area Required | 800-1000 Sq. Ft. (Carpet Area) |
| Franchise Fee | INR 8,00,000 |
| Equipment | INR 5,00,000 – 6,00,000 |
| Interiors & Fixtures | INR 14,00,000 – 15,00,000 |
| Miscellaneous Expense | INR 1,00,000 |
| IT Expense | INR 2,00,000 |
| Total Investment | INR 30,00,000 – 32,00,000 |
| Royalty Fees | 15% on monthly turnover,whichever is higher |