Unverified
1340 Views
ORN Vacations Pvt Ltd. |
|
|---|---|
| Established | 2013 |
| Franchise Started | 2020 |
| Owned Outlets | 6 |
| Franchise Outlets | 50 |
| Investment Requirement | 30,00,001 - 50,00,000 |
| Space Requirement | 350 sqft |
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.
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | 30,00,001 - 50,00,000 |
| 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 |
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | |
| 2 | Franchise Fee | |
| 3 | Investments Includes |
 Furniture and Fixtures:
Advertising / Marketing:
|
| 4 | Capital Investment |
| 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
Southern
Northern
Eastern
Western
|
| 4 | Area/Site Preference | 0 |
| 5 | Minimum Floor Area needed | 350 sqft |
| 6 | Term of Franchise Agreement | 5 years
Franchise Agreement is renewable |
| 7 | Other Important Points | Minimum Guarantee given: 60 months
Facility provided: 5 lakhs
Master Franchise Available
Site Select Help given
|