|
Established
2013
|
Franchise Started
2020
|
Owned Outlets
6
|
Franchise Outlets
50
|
Investment
₹30 L – ₹50 L
|
Space Requirement
350 sqft
|
Brand Profile
TripFactory founded in 2013, is an online travel portal that enables users to discover, plan and book for holiday trips. TripFactory's headquarters is located in Bangalore, Karnataka. TripFactory has an estimated 190 employees and estimated annual revenue of 1.1M.
TripFactory is the largest holiday store online where consumers can buy their holidays the way they want either by customizing online themselves or seek assistance by talking to experts who can plan for them. TripFactory was established to solve the problem of selling Holidays. Holidays are a complex industry, with many possibilities and complexities, and the Holiday Industry in India is growing like wild-fire and everyone today is planning a Holiday. We believe consumers should get the largest choice and best prices with the best of find and discovery tools so that finding and booking the perfect holiday becomes very easy.
TripFactory is official partners with Jet Airways, Go Air and key partners with Indigo, Cathay and other carriers to cash in on the customized holiday packages platform. We are looking to cash in on the Indian tourist travel boom, as more and more Indians are increasingly spending a larger share of their income on travel.
Single Unit Investment for TRIP FACTORY
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | ₹30 L – ₹50 L |
| 2 | Investments Includes |
Franchise Fee: 8 lakhs
Equipments: 5 lakhs Furniture and Fixtures: 6 lakhs Advertising / Marketing: 4 lakhs |
| 3 | Capital Investment | 25 lakhs |
| 4 | Expected Payback Period | 1.6 years |
| 5 | Expected ROI | 2 years% |
| 6 | Other Investment needed | Rental Deposit |
Master Franchise Investment for TRIP FACTORY
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | |
| 2 | Franchise Fee | |
| 3 | Investments Includes |
Furniture and Fixtures
Advertising / Marketing |
| 4 | Capital Investment |
Important Points for TRIP FACTORY 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 | 0 |
| 5 | Minimum Floor Area needed | 350 sqft |
| 6 | Term of Franchise Agreement |
5 years Franchise Agreement is renewableRenewal period: 5 years |
| 7 | Other Important Points |
Minimum Guarantee given: 60 months
Facility provided Master Franchise Available Site Select Help given |