INR 2 Cr - 5 Cr
Investment Range
6000 - 10000 Sq.ft
Area Required
10
Franchise Outlets
2015
Establishment Year
House of Commons Products and Services
HOUSE OF COMMONS PRODUCTS AND SERVICES
Launched in 2015 with a goal to bridge the gap between the premium club & the neighbourhood wine shop. House Of Commons is a pioneer for pocket friendly bars in Bangalore offering great deals all day everyday with 4 outlets spread across prominent locations in Bangalore.
House of Commons Cost and Investment
Commenced Operations
Operations commenced on
2015
Franchise commenced on
2021
Franchise Details
UNITS
Investment
INR 2 Cr - 5 Cr
Franchise/Brand fee
3000000
Royalty/Commission
10%
Details
Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
85%
Likely payback period
1-2years
Other investment requirements
No
House of Commons Expansion Plans
NORTH
Delhi,
Haryana,
Himachal Pradesh,
Jammu & Kashmir,
Punjab,
Uttar Pradesh,
Uttarakhand,
SOUTH
Andhra Pradesh,
Karnataka,
Kerala,
Tamil Nadu,
Telangana,
EAST
WEST
Goa,
Gujarat,
Maharashtra,
Rajasthan,
CENTRAL
UNION TERRITORIES
Andaman & Nicobar,
Chandigarh,
Daman & Diu,
Lakshadweep,
Pondicherry,
House of Commons Property Requirements
Type of property required for this franchise
Commercial
Floor area requirement
6000 - 10000 Sq.ft
Preferred location of unit
India
House of Commons Training
Training location
Head Office
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
No
House of Commons Agreement Details
Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
Lifetime
Is the term renewable?
Yes
About Franchise Times
Who We Are?
Franchise Times was promoted by professionals with over 25 years of hands on experience in Franchising. The foundations of Franchise Times were laid to assist entrepreneurs from start-ups, SMEs NGOs and corporates to develop sustainable franchise networks. Our multi-disciplinary and tested approach ensures that the appropriate talent and experience are applied at every stage of our work to ensure our clients' business needs are served professionally and in a cost effective manner.At Franchise Times our success is measured by the growth of our clients' businesses. Within a decade of operation we have created over Rs. 5 million worth of enterprise value for our clients. We've advised over 200 networks and established multiple franchised network locations in India and abroad. We know exactly what it takes to grow a business - many of our clients have come to us with a single location and we've assisted their expansion to India and abroad.
Franchising is a wonderful way to go into business for yourself, but not by yourself. Franchising is an example of teamwork at its best, bringing together talents of a dedicated professionals and management team with hard work, zeal and entrepreneurial spirt of franchisees at the local level to serve our customers.
What We Do?
Franchise Times can help you expand your network in existing and new markets (globally), acquire new clients and increase your revenue, all at a substantially reduced costs.At Franchise Times we follow an innovative approach that offers customized solutions to meet your specific needs in franchising. Staffed with professionals in sales, marketing, logistics and legal who are well empowered and phone-productive, we bring transformational rewards to your business.
Our offering include
- Franchise Opportunities
- Buisness Consulting
- Digital Consulting
- Awards and Events