The Yunica Retail has defined a set of business principles, rules, policies, standards, and certain requirements for engaging with the Franchisee. Our team looks into the following aspects prior to approval.
- Financial Health of Key Stakeholders
- Ownership of Land or Property
- Prior Business Experience
SPACE REQUIREMENTS
You must have approx. 800 sq. ft. ~1000 sq. ft. area for a small size retail outlet, or approx. 5000 sq. ft. ~ 10,000 sq. ft. area for a medium size retail outlet, or approx. 30,000 sq. ft. ~ 100,000 for a large format retail outlet.
You should have minimum 25 feet running frontage.
You must have approx. 800 sq. ft. ~1000 sq. ft. area for a small size retail outlet, or approx. 5000 sq. ft. ~ 10,000 sq. ft. area for a medium size retail outlet, or approx. 30,000 sq. ft. ~ 100,000 for a large format retail outlet.
You should have minimum 25 feet running frontage.
LIQUIDITY REQUIREMENTS
You must have approx. INR 20,00,000/- in liquid assets to operate a small size retail outlet in different cities of India. However, the amount differs from one city to the others. Typically, it would be less for remote locations.
FEES STRUCTURE
We charge the following single-time royalty fees (i.e. non-refundable) for franchisee.
- initial franchise fee: INR 500,000/-
- ~ 8% royalty fees of your monthly royalty sales
