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FAQs

What is my initial Investment?

The initial investment required depends upon the area and the location of the proposed site. A unit franchise requires an approximate initial investment of ` 10-20 lacs for area ranging from 300-1000 sq ft.

Are there any on-going fees after Franchise fee and store establishment costs are paid?

Yes, You will be required to pay a monthly royalty of 10% of gross monthly sales.

Is there any marketing levy payable?

No, Paradise Juice does not charge any separate marketing fees. Paradise Juice will also undertake periodical marketing campaigns and promotional initiatives to strengthen the Paradise Juice Bramd.

Will I be granted territorial exclusivity?

Every Franchisee will have a certain territorial exclusivity, which will vary depending on the site location and demographics. Paradise Juice can revoke this exclusivity if it feels that the Franchisee’s performance is unsatisfactory.

What will the term of Franchise Agreement be?

The ‘Term of Agreement’ will be for five years with an option for renewal.

What kind of return can I expect from the operation of a Paradise Juice Franchise?

You can expect 60-90% returns on your investment in the first year of operations. This means you can recover your Initial Investment within 13 to 20 months of operation.

I don’t have any experience in managing a restaurant or in the F&B industry? Can I own a Paradise Juice Franchise?

Yes, even if you don’t have any prior experience in this industry you can still operate a Paradise Juice Franchise. Our easy to operate processes and comprehensive Operation manuals along with the Training provided on-site ensure that no prior experience is necessary. Although any such experience is always advantageous.

I have never owned my own business before. Can I still own a Paradise Juice Franchise?

Yes, Paradise Juice provides very strong back-end support to our Franchisees; we will continue to support you in various areas of your Paradise Juice Franchise operation. This makes it possible for you to operate your Paradise Juice Franchise even in you have no prior business experience. All you need is the will to learn and succeed.

Is training provided?

Yes, Paradise Juice provides 2-3 weeks comprehensive on-site training in every area of Operation.

I currently operate a shop. Is it possible to operate my franchise from this location?

Yes, Paradise Juice will conduct a site survey and if approved you can operate your Paradise Juice Franchise from that location.

Will you help me Fit-out my Paradise Juice outlet?

Yes, Paradise Juice will provide support throughout the set-up process. In fact we will practically set-up the outlet ourselves.

What Is the Definition of Franchising?

In general the definition of "Franchising" describes when an individual or corporate entity purchases the rights to a specific business model. A franchise agreement gives you the rights to open a franchise of that particular business model, using established trademarks, signage, proprietary products, software, operating systems, etc.

Reasons Why Buy a Franchise?

One of the primary reasons why you should consider buying a franchise is that it can offer you the opportunity to go into business for yourself with a much better chance of success versus say starting a new business from scratch. Other benefits of buying a franchise include that franchisor offers a proven business model and brand, training and management assistance, financial assistance, location and site assistance, marketing assistance, and more.

What Is A Franchise Agreement?

The Franchise Agreement is a legal and binding document that outlines and governs the relationship between the franchise company and the franchisee. Some of the items addressed in a typical franchise agreement include the term of the agreement, renewal options, franchise fees and royalty fees, territorial boundaries, and products and services.

What Is The Definition Of A Franchise Business?

In the simplest terms, a franchise business is where the right has been granted (via a franchise agreement) to an individual to use a specific company's trademark and business model to sell or distribute that company's goods or services in a defined territory.

What Is A Franchise Royalty Fee?

A franchise royalty fee is traditionally defined as an ongoing fee that the franchisee pays to the franchisor (Franchise Company) as part of their franchising agreement. This fee is typically paid monthly, and is typically calculated as a percentage of gross sales. The average franchise royalty fee is approximately 10.00%

Can I Get Financing To Buy A Franchise Business?

Yes, some lenders and banks will offer financing to qualified buyers to purchase a franchise business opportunity. SBA loans for a number of reasons (including lower down payment requirement & longer terms) are by far the most popular financing route chosen by prospective new franchisees.

What Is The Most Popular Franchise Category?

By all accounts, food and restaurant related franchises are still the most popular franchising category in the India and abroad. One of the main factors driving this continued popularity is the fact that starting a food or restaurant franchise with a proven business model and brand is a lot less risky than opening an independent restaurant or food business.

What franchisors want from franchisees

When franchisers meet with potential franchisees, they will be looking for certain personal characteristics to judge whether they would be suitable to run a franchise or not. It is very important that people wanting to be franchisees have enthusiasm for the company and are confident that they can help to continue its successful expansion. Therefore, a good understanding of what the franchiser does and how it operates is essential.