Oceanic Fitness

Business Details

We are a high end fitness equipment company running and operating our own gyms

 Investment Details
Date Commenced Operations 1996
Date Commenced Frachising / Distribution 2006

Are you looking for Franchise?
Unit
AreaInvestmentFranchise/Brand FeeRoyalty/Commission

Store Wise

Rs. 5lac – Rs. 10lac

What areas are available for Unit franchise? Nationwide

Where are you looking for expansion?

North
New Delhi | Haryana | Himachal Pradesh | Jammu and Kashmir | Punjab | Uttaranchal
West
Gujarat | Rajasthan | Maharashtra | Goa
East
Assam | Meghalaya | Mizoram | Tripura | Arunachal Pradesh | Manipur | Nagaland | West Bengal | Sikkim | Orissa
South
Kerala | Karnataka | Tamil Nadu
Center
Chhattisgarh | Madhya Pradesh | Bihar | Jharkhand
Union Territories
Andaman & Nicobar | Pondicherry | Chandigarh | Lakshadweep | Daman and Diu

Is there exclusive territorial rightsgiven to a unit franchise? Yes
Are any performance guarantees given to unit franchisees? No
What is the anticipated percentage return on investment? 30
What is the likely pay back period of capital for a unit franchise?48 months
Are there other investment requirements? 0

Property Details

What type of property is required for this franchise opportunity? shopping area
Floor area requirement 1500.
Preferred location of unit franchised outlet: close to residential area

Training Details

Do you currently have detailed Operating Manuals for franchisees? No
Where is the franchisee training done?
Is field assistance available for franchisees? Yes
Will someone from Head Office assist me when I open my franchise? Yes
What IT systems do you presently have that will be included in the franchise?

Other Details

Do you have a standard Franchise Agreement? No
How long is the franchise term for? 5 years
Is the term renewable? Yes
Posted in Health Beauty and Fitness.