|
Established
2002
|
Franchise Started
2010
|
Owned Outlets
3
|
Franchise Outlets
1
|
Investment
₹50 L – ₹1 Cr
|
Space Requirement
6000 and above
|
Brand Profile
Established in 2002, Sykz has been the hub for the fitness aficionado from its inception. Hosting a database of more than 3000 members from all walks of life, Sykz has created a hamlet of its own. Sykz depicts an image of a lifestyle product with facilities that include a Gym, Cadio, Salon, Spa, Terrace Cafe, Physiotherapy, Spinning, Yoga and Kickboxing. The newly introduced TAOIST YOGA is exclusively with Sykz and is immensely popular among celebrities.
Single Unit Investment for SYKZ
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | ₹50 L – ₹1 Cr |
| 2 | Investments Includes |
Franchise Fee: 10,00,000-15,00,000
Equipments: 25,00,000-30,00,000 Furniture and Fixtures Advertising / Marketing |
| 3 | Capital Investment | 5,00,000 |
| 4 | Expected Payback Period | 2 |
| 5 | Expected ROI | 20%% |
Master Franchise Investment for SYKZ
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | |
| 2 | Franchise Fee | |
| 3 | Investments Includes |
Furniture and Fixtures
Advertising / Marketing |
| 4 | Capital Investment |
Important Points for SYKZ Franchise
| Sl | Heading | Description |
|---|---|---|
| 1 | Franchise Training Program |
Training Program available for the franchisee
Software-Hardware Support included in the Franchise Fees |
| 2 | Franchise Training Venue | Franchise Site |
| 3 | Franchise available in Regions |
Central
Eastern Northern Southern Western North-East All India |
| 4 | Area/Site Preference | Commercial,Residential,Mall / Super Market |
| 5 | Minimum Floor Area needed | 6000 and above |
| 6 | Term of Franchise Agreement |
9 yrs lock-in Franchise Agreement is renewable |
| 7 | Other Important Points |
Minimum Guarantee given
Facility provided Master Franchise Available Site Select Help given |
Frequently Asked Questions — SYKZ Franchise
The expected investment for a SYKZ franchise is ₹50 L – ₹1 Cr. This includes franchise fee, equipment.
For the SYKZ franchise, the expected payback period is 2 and the expected ROI is 20%.
SYKZ provides a training program for franchisees conducted at the franchise site. Software and hardware support is included in the franchise fee.
A minimum floor area of 6000 and above is required to open a SYKZ franchise outlet.
Currently, SYKZ does not list a Master Franchise opportunity. Single-unit franchise is available.
The SYKZ franchise agreement term is 9 yrs lock-in. The agreement is renewable.
SYKZ operates in the Sports & Fitness sector. It is listed on Franchisezing under Sports & Fitness franchise opportunities in India.