FRANCHISOR OPPORTUNITIES
Food and Beverages
MGM ENTERTAINMENTS
Category: Food and Beverages
Area: 400-1500 sqft
No. of Franchise Outlet: 45
Investment:Rs 75 lacs - Rs 1 cr
Business Details
MARRYBROWN RESTAURANTS: The owner of the Marrybrown concept, trademarks operates, develops and franchises Marrybrown restaurants at Malaysia. The company was founded in 1981 and today the company and its franchisees operates over 450 outlets across Malaysia, Singapore, Brunei, China, India, UAE, Sri Lanka, Africa, Maldives and Indonesia. Marrybrown owes much of its success to the company’s basic values of high Quality food, fast Service in a friendly and Clean environment and great Value for money. The master franchisee of Marrybrown restaurants in India is the illustrious MG Muthu Group of Companies; Headed by Chevalier Dr. M. G. Muthu, Industrialist, the group is engaged in various fields of business activities including transportation, logistics, international trading, amusement parks and hospitality. The group has on its rolls, well-qualified professionals with relevant functional experience to operate, manage and control the activities of various business and profit centers. Marrybrown has always been a franchising operation and has relied on its franchises to play a major role in our success. Marrybrown is in the process of identifying qualified/potential franchisees in major cities which have yet to be franchised. The franchisee should have the financial managerial resources to effectively establish multiple units of Marrybrown restaurants in the city.
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MGM ENTERTAINMENTS Investment Detail
Date Commenced Operations
:1999
Date Commenced Frachising / Distribution
:2001
Are you looking for Franchise ?
Unit
Area
Investment
Storewise
Rs 75 lacs - Rs 1 cr
Is there exclusive territorial rights given to a unit franchise?
:No
Are any performance guarantees given to unit franchisees?
:No
What is the anticipated percentage return on investment?
:20 %
What is the likely pay back period of capital for a unit franchise?
:3 Years
Are there other investment requirements?
:
MGM ENTERTAINMENTS Property Details
What type of property is required for this franchise opportunity?
:HighStreetCommercial
Floor area requirement
:400-1500 sqft
Preferred location of Franchisee outlet:?
:
MGM ENTERTAINMENTS Training Details
Do you currently have detailed Operating Manuals for franchisees?
:No
Where is the franchisee training done?
:head office
Is field assistance available for franchisees?
:No
Will someone from Head Office assist me when I open my franchise?
:No
What IT systems do you presently have that will be included in the franchise?
:
MGM ENTERTAINMENTS Other Details
Do you have a standard Franchise Agreement?
:No
How long is the franchise term for?
:7 Years
Is the term renewable?
:No