Hotel Franchise Opportunity
Chancery Hotels 7.7 /10
2000 Estd
·
2
Franchisees
· Bangalore HQ
· Listed By Management Member
All Formats
Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
---|---|---|---|---|---|---|---|
Fully Fitted Fixed Lease | USD 1.4 - 35.4 million | USD 17.7 thousand | 10,000 - 150,000 Sq Ft | 80 | USD 59 thousand | 35% | Fixed lease amount |
Pure Revenue Share | USD 1.4 - 35.4 million | USD 17.7 thousand | 10,000 - 150,000 Sq Ft | 80 | USD 59 thousand | 35% | Certain percentage of net revenue |
Management Contract | USD 1.4 - 35.4 million | USD 17.7 thousand | 10,000 - 150,000 Sq Ft | 80 | USD 59 thousand | 35% | Certain percentage of top line and certain percentage of gross operating profit |
Format Name | Fully Fitted Fixed Lease | Pure Revenue Share | Management Contract |
---|---|---|---|
Investment | USD 1.4 - 35.4 million | USD 1.4 - 35.4 million | USD 1.4 - 35.4 million |
Brand Fee | USD 17.7 thousand | USD 17.7 thousand | USD 17.7 thousand |
Space | 10,000 - 150,000 Sq Ft | 10,000 - 150,000 Sq Ft | 10,000 - 150,000 Sq Ft |
Staff | 80 | 80 | 80 |
Expected Monthly Sales | USD 59 thousand | USD 59 thousand | USD 59 thousand |
Profit Margin | 35% | 35% | 35% |
Royalty / Commission | Fixed lease amount | Certain percentage of net revenue | Certain percentage of top line and certain percentage of gross operating profit |
Documents
Domain-Verification.pdf
(213.9 KB)
About Chancery Hotels
- Starting its journey in the 1960s, The Chancery Group has grown to spread its roots across an array of horizons, including real estate, commercial and hospitality sectors.- Today, The Chancery Group of Hotels has successfully become a renowned name, carving a niche for itself in the Indian hospitality industry by providing a world-class experience infusing the essential elements of luxury and business in the heart of Bangalore. Its myriad properties bear the hallmark of finesse and focus on delivering nothing but the best to the guests.
- We have two hotels in Bangalore, one located on Residency Road and the other on Lavelle Road.
- Our hotels offer luxurious facilities and feature 225 rooms and 125 rooms, respectively. Amenities include a banquet hall, gym, microbrewery, and swimming pool.
- Hotel receives an average footfall of 1,000-1,500 on a daily basis.
- The hotel holds a Registration Certificate and FSSAI license.
Products and Services
Our hotel group offers a range of accommodations and services, including resorts, palaces, microbreweries, and food and beverage options.
Preferred Locations
India,
Maharashtra,
Karnataka,
West Bengal,
Tamil Nadu,
Andhra Pradesh,
Madhya Pradesh,
Kerala,
Telangana.
How to get Chancery Hotels Franchise?
Connect with us on SMERGERS.
What are some of the things we look for in a Franchisee?
Hotels to be made available on fully fitted fixed lease, pure revenue share or management contract model.- Fully fitted fixed lease model and Pure revenue share model: The master franchise will assist in paying monthly rents for the hotel facility either to the landlord/ franchise owner, but the lease amount has to be completely borne by the landlord/franchise owner themselves.
- Management contract model: The franchise owner will be responsible for managing the rent and lease amounts.
Support you can expect from the company
- Investment in the asset to make a star category hotel.- Managing day-to-day operations of the hotel.
- Rental support to the hotel owner.
Recent Activity
-
Earlier than 15 daysDirector, Construction, Lucknow, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Mumbai, M&A Advisor connected with the Business
Profile Stats
- 900+ Page Views
- 400+ Investor Views
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Frequently
Asked
Questions
Asked
Questions
-
When was Chancery Hotels established?Chancery Hotels was established in 2000 in Bangalore and is reported to have 2 Franchisees currently
-
What is the investment required to take up Chancery Hotels Franchisee?Investment required ranges from INR 12 crore - 300 crore depending on the format offered.
-
What is the space requirement for taking up Chancery Hotels Franchisee?Space required ranges from 10000 - 150000 sq ft depending on the format.
-
What Franchisee formats does Chancery Hotels offer?Chancery Hotels offers 3 formats, i.e Fully Fitted Fixed Lease,Pure Revenue Share,Management Contract.
-
How to get Chancery Hotels Franchisee?Connect with us on SMERGERS.