20-30Lac
Investment Range
Not revealed
Area Required
10
Franchise Outlets
2016
Establishment Year
Papaya Tree HOTELS & RESORTS Products and Services
PAPAYA TREE HOTELS & RESORTS PRODUCTS AND SERVICES
Papaya Tree Hotel is based in Indore with 3 properties right now. Papaya Tree hotel is a well-known name in corporates now with our services focussed towards business class travellers. Our speciality in food has earned us accolades. With more than 7 different restaurants and each one rating above 4* on Zomato tells a lot about our food quality.
The company has achieved an EBITA of more than 30% in last 5 years even in years affected with Covid-19 impact. Our focussed is to generate value for investor and customer both.
Papaya Tree HOTELS & RESORTS Cost and Investment
Commenced Operations
Operations commenced on
2016
Franchise commenced on
2021
Franchise Details
UNITS
Investment
20-30Lac
Franchise/Brand fee
500000
Royalty/Commission
5%
Details
Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
30%
Likely payback period
4-6 years
Other investment requirements
NA
Papaya Tree HOTELS & RESORTS Expansion Plans
NORTH
Haryana,
Himachal Pradesh,
Punjab,
Uttar Pradesh,
Uttarakhand,
SOUTH
Andhra Pradesh,
Karnataka,
Tamil Nadu,
Telangana,
EAST
WEST
Goa,
Gujarat,
Maharashtra,
Rajasthan,
CENTRAL
Bihar,
Chhattisgarh,
Jharkhand,
Madhya Pradesh,
UNION TERRITORIES
Chandigarh,
Papaya Tree HOTELS & RESORTS Property Requirements
Type of property required for this franchise
Domestic
Floor area requirement
Not revealed
Preferred location of unit
Cafe
Papaya Tree HOTELS & RESORTS Training
Training location
Indore
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes
Papaya Tree HOTELS & RESORTS 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