Franchise Opportunities
What made Fifth Avenue Hotels & Resorts foray into specialty restaurants was the lack of authentic Italian Pasta chains in India. The globe trotting food loving people of Chennai welcomed the Pasta Bar Veneto – India’s first chain of Italian restaurants with open arms. Soon The Pasta Bar Veneto became the talk of the town and was featured in many publications for its authenticity and ambience, followed by a plethora of awards such as the Times Food Award for the best Italian restaurant 2011and Network 18 award for most popular pastas. What makes The Pasta Bar Veneto truly remarkable is its classy décor, lively music and warm service
Under the pioneering leadership of Mr. Vinodh Sharma, Managing Director, The Pasta Bar Veneto has opened four restaurants in Chennai and Pondy and another ten planned in the next six months, delivering the classic Italian dining experience to the mature Indian palate.
The next step towards franchising has begun with four new franchised restaurants set to open in the next two months. The restaurants have been conveniently classified Grande, Prima and Dolce based on the size of the space, thus being flexible in terms of the location, to cater to the myriad populace across the country.
| Date Commenced Operations | : | 2010 |
| Date Commenced Frachising / Distribution | : | 2011 |
| Are you looking for Franchise? | |||||||||||||||||||||||||||
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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? | : | International Nationwide |
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| Where are you looking for expansion? | |||||||||||||||||||||||||||
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| How much working capital is required in franchise addition to this | : | ||||||||||||||||||||||||||
| 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? | : | 20-25% | |||||||||||||||||||||||||
| What is the likely pay back period of capital for a unit franchise? | : | 2 years | |||||||||||||||||||||||||
| Are there other investment requirements? |
: | no | |||||||||||||||||||||||||
| What type of property is required for this franchise opportunity? | : | High Street, Shopping Malls |
| Floor area requirement | : | 300sft - 1500sft |
| Preferred location of unit franchised outlet:? | : | High Street, Shopping Malls |
| Do you currently have detailed Operating Manuals for franchisees? | : | Yes |
| Where is the franchisee training done? | : | Corporate Office. Chennai |
| 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? | : | Yes |
| Do you have a standard Franchise Agreement? | : | Yes |
| How long is the franchise term for? | : | 5 |
| Is the term renewable? | : | Yes |
Supported by :Indian Franchise Association
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