Franchise Fee and Royalties
Franchise Fee and Royalties
Founded by Mrs. Vandana Luthra in 1989, is a leading Wellness & Beauty services and products organisation, serving customers across 310 locations in 143 cities spanning 12 countries in South Asia, South East Asia, the Gulf Cooperation Council Region and East Africa. In over 30 years of operation, the VLCC brand has grown to become synonymous with Wellness & Beauty in Indian households and has among the largest scale and breadth of operations within the beauty and wellness services industry in India and other countries it operates in.
Franchise Fee and Royalties
- The calculations for Franchise Fee and Royalty are simple and transparent.
- Franchise Fee is based on the potential of a location / city.
- Monthly Royalty payments equal to a fixed fee of the collections.
Royalty Fee
- As mentioned above, it is a fixed fee of the net monthly sales realized, and is payable each month by the Franchise to the Franchisor.
Franchise Fee
- It is a one time payment in consideration for the granting of the Franchise.
- Franchise is granted for an initial period of five years.
- This covers the cost of Location Approval as well as Initial Training of the Staff and Management of the Franchisee.
- Granting of Franchise gives the Franchisee the right to use VLCC Brand
- Name, VLCC Products and VLCC Standard Operating Processes.
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A Ready Recknor to Franchise Fee, Initial Investment and Royalty Payments