Franchise Opportunities
was founded in 1990 by Noah A. Samara, its Chairman and CEO, with a mission to provide digital satellite audio, data and multimedia services primarily to the emerging markets of Africa and Asia. A pioneer of digital satellite radio, Mr. Samara was also instrumental in the development of the satellite radio industry through his early involvement with XM Satellite Radio in the United States.
The company’s mission is to provide a variety of high quality programming through a subscription-based service that uses low-cost portable satellite radios and is available in underserved markets that lack programming choices. WorldSpace is the first and only company with rights to the world’s globally allocated spectrum for digital satellite radio. Its broadcast footprint covers over 130 countries including India and China, all of Africa and the Middle East and most of Western Europe – an area that includes five billion people and more than 300 million automobiles. Its two fully operational satellites and ground infrastructure are based on proprietary and patented technology.
| Date Commenced Operations | : | 2002 |
| Date Commenced Frachising / Distribution | : | 2002 |
| Are you looking for Franchise? | |||||||||||||||||||||||||||
| Unit | |||||||||||||||||||||||||||
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| Master / Multi Units | |||||||||||||||||||||||||||
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| Are you looking for Trade Partners (Dealers, Distributors, MBOs, Retailers)? | |||||||||||||||||||||||||||
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| What areas are available for Unit franchise? | : | Nationwide | |||||||||||||||||||||||||
| Where are you looking for expansion? | |||||||||||||||||||||||||||
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| How much working capital is required in franchise addition to this | : | 100000 | |||||||||||||||||||||||||
| Is there exclusive territorial rights given to a unit franchise? |
: | Yes | |||||||||||||||||||||||||
| Are any performance guarantees given to unit franchisees? |
: | No | |||||||||||||||||||||||||
| What is the anticipated percentage return on investment? | : | 33 | |||||||||||||||||||||||||
| What is the likely pay back period of capital for a unit franchise? | : | 3 month | |||||||||||||||||||||||||
| Are there other investment requirements? |
: | 0 | |||||||||||||||||||||||||
| What type of property is required for this franchise opportunity? | : | OFFICE SPACE |
| Floor area requirement | : | 100-250 |
| Preferred location of unit franchised outlet:? | : | prime location |
| Do you currently have detailed Operating Manuals for franchisees? | : | Yes |
| Where is the franchisee training done? | : | |
| Is field assistance available for franchisees? | : | Yes |
| Will someone from Head Office assist me when I open my franchise? | : | Yes |
| What IT systems do you presently have that will be included in the franchise? | : |
| Do you have a standard Franchise Agreement? | : | Yes |
| How long is the franchise term for? | : | Life time |
| Is the term renewable? | : | Yes |
Supported by :Indian Franchise Association
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