Is starting Make My Trip franchise a profitable business in India
As mentioned above tours and travel industry is is surging ahead and expectation is to increase with several folds in coming years. Make My Trip is the most established tour operator Company offering International and Domestic flight booking, hotel booking, tour packages, rail and road ticket booking and cover all other aspects of tourism. The tourist always prefer a licensed tour operator with trusted profile and profile of Make My Trip is the most trusted one. Make My Trip provide ample support to their franchise and mentioned below. Thus getting a franchise of Make My Trip will be a dream business to start.
Profile of Make My Trip and support system to franchise
Make My trip was started by Deep Kalra in 2000 and is one of the leading online travel Company offering instant booking and travel packages as per the tourist choice and at present is pioneer in online travel industry.
Make My Trip provide all the required support to their franchise like Operational support in the form of guiding about latest trend in travel industry, Solutions for all the queries by customers on time etc. Training and recruitment support by providing training on all latest products at nearest regional hub and guiding the franchise while recruiting staff. Marketing support by guiding to design the store as per Make My Trip retail to clearly visualize the identity of the Company, media as well as support in local promotional activities.
Make My Trip franchise cost, investment returns, royalty fees
The total cost to start Make My Trip franchise in India varies ranges from5 to 10 lakhs. While in city like Delhi and Mumbai it is around 15 to 16 lakhs. The franchise fee varies from city to city. For Delhi and Mumbai it is 10 lakhs. Ther cities are categorized in three tiers, fee is 8 lakhs, 6 lakhs and 4 lakhs respectively for tier 1 , 2 and 3, while franchise fee of Make My Trip in smaller towns are 2 lakhs. Other investment comes out to be around 4 to 5 lakhs for interior and project cost. Other pre requisites include a minimum floor area not less than400 to 600 sq feet in cities while 250 to 400 sq ft in smaller towns. Franchise agreement is for 3 years and can be renewed thereafter. The store should preferably be at high street area and main road facing with a clearly glow sign board. There should be power back up. Franchise will have to follow brand guidelines at their own cost.
Return of investment is around 50 to 75% and break even period is 1 to 2 years, however this figure can differ depending upon the area, location, city of the outlet and the marketing support.
How to start Make My Trip franchise in India - Application process and contact details
If you are keen to start a profitable franchise business by starting Make My Trip franchise, You can apply online at http://www.makemytrip.com/franchisee/application_form.php mentioning all the details. Your application will be reviewed and if the Company agrees then there will be model discussion, the discussion will be reviewed further. If selected then final meeting with franchise will be held at Head office Gurgaon, if things are finalized in that meeting then agreement will be signed and franchise fees is to be paid. After that recruitment, training of recruited staff and franchise will start , then the project will be handed over to franchise for activation or launch of the project. For any query you can contact corporate office situated at Gurgaon. Address, phone no, fax and official website of Make My trip India pvt Ltd are mentioned below:
MakeMyTrip India Pvt. Ltd.,
Tower A, SP Infocity
243, Udyog Vihar, Phase 1
Gurgaon, Haryana - 122016, India.
Phone no (Toll free)
1-800-11 8747 - From MTNL/BSNL phones
1-800-102 8747 - All other major operators
Website : http://www.makemytrip.com