7.6 / 10 · Established in 2019, 1 Franchisee currently, Headquartered in Patna
|Format||Investment including Brand Fee||Brand Fee||Space||Staff||Exp. Monthly Sales||Profit Margin||Royalty|
|Irfy's - Cafe for Entrepreneurs||USD 12 - 18.4 thousand||USD 3.7 thousand||1,500 - 2,500 Sq Ft||10||USD 7 thousand||40%||No royalty fee charged for the first 6 months. Post 6 months, we charge a 10% Royalty fee.|
|Irfy's - Casual/Green||USD 10 - 18.4 thousand||USD 2.4 thousand||800 - 1,200 Sq Ft||8||USD 5.5 thousand||40%||No royalty fee charged for the first 6 months. Post 6 months, we charge a 10% Royalty fee.|
|Format Name||Irfy's - Cafe for Entrepreneurs||Irfy's - Casual/Green|
|Investment||USD 12 - 18.4 thousand||USD 10 - 18.4 thousand|
|Brand Fee||USD 3.7 thousand||USD 2.4 thousand|
|Space||1,500 - 2,500 Sq Ft||800 - 1,200 Sq Ft|
|Expected Monthly Sales||USD 7 thousand||USD 5.5 thousand|
|Royalty / Commission||No royalty fee charged for the first 6 months. Post 6 months, we charge a 10% Royalty fee.||No royalty fee charged for the first 6 months. Post 6 months, we charge a 10% Royalty fee.|
About Irfy's (NIS Group)
Irfy's is cafe for entrepreneurs. We understand that establishing a startup needs more than just an idea, and during the initial stage, even co-working spaces can be out of budget. An idea can become a reality only when it can be brainstormed in a professional environment and we offer entrepreneurs with a place to sit, talk & discuss.
Startups can use our space and there are no monthly rental fees, security deposit, and time limits. We provide our users with high-speed WiFi internet, and machines for printing, scanning, and copying. We also regularly host community events, conferences, and workshops at our cafe.
We have tied up with Bihar Entrepreneurs Association (BEA) to provide mentorship to aspiring entrepreneurs. We have also associated with venture capitalists and incubators to help new startups succeed.
We currently have an outlet in Patna and we are in the process of opening another cafe.
We are looking for franchise partners to expand across Bihar and Jharkhand. The franchise partners should fulfil the space requirements for the cafe, preferably have an existing developer network, and manage the community events and workshops. A royalty margin of 10% will be applicable and there will be no royalty fee for the first 6 months.
Products and Services
Cafe, Conference room, Workshops, Start-up funding support.
Preferred LocationsJharkhand, Ranchi, Jamshedpur, Gaya, Bhagalpur, Muzaffarpur, Darbhanga, Dhanbad, Chhapra, Bihar Sharif, Tatanagar, Bihar.
How to get Irfy's (NIS Group) Franchise?
Connect with us over SMERGERS and we will guide you through the process.
What are some of the things we look for in a Franchisee?
Franchise partners should fulfil the space requirements for the cafe, preferably have an existing developer network, and manage the community events and workshops.
Support you can expect from the company
Have channel partners for providing coffee machines, printers, scanners at discounted rates. We will help with brand promotion, theme decoration, setting up corporate tie-ups, event assistance, and line-up.
Earlier than 15 daysProprietor, Pharma Products Distributor, Jamshedpur, Individual Investor / Buyer connected with the Business
Earlier than 15 daysCustomer Service Executive, Outsourcing, Ranchi, Individual Investor / Buyer connected with the Business
Earlier than 15 daysPresident, Lyon, Financial Consultant connected with the Business
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When was Irfy's established?Irfy's was established in 2019 in Patna and is reported to have 1 Franchisee currently
What is the investment required to take up Irfy's Franchisee?Investment required ranges from INR 8 lakh - 15 lakh depending on the format offered.
What is the space requirement for taking up Irfy's Franchisee?Space required ranges from 800 - 2500 sq ft depending on the format.
What Franchisee formats does Irfy's offer?Irfy's offers 2 formats, i.e Irfy's - Cafe for Entrepreneurs,Irfy's - Casual/Green.
How to get Irfy's Franchisee?Connect with us over SMERGERS and we will guide you through the process.