7.8 / 10 · Established in 2011, 3 Franchisees currently, Headquartered in Delhi
|Format||Investment||Brand Fee||Space||Staff||Exp. Monthly Sales||Profit Margin||Royalty|
|Raasta Bar & Lounge||USD 248 - 414 thousand||USD 110 thousand||3,000 - 5,000 Sq Ft||40||USD 100 thousand||22%||A monthly royalty of 7% of the monthly revenue generated must be paid; Merchandise will be provided|
|Format Name||Raasta Bar & Lounge|
|Investment||USD 248 - 414 thousand|
|Brand Fee||USD 110 thousand|
|Space||3,000 - 5,000 Sq Ft|
|Expected Monthly Sales||USD 100 thousand|
|Royalty / Commission||A monthly royalty of 7% of the monthly revenue generated must be paid; Merchandise will be provided|
Raasta is a Delhi based Restro Bar & Lounge that brings alive the free spirit of the Rastafarian culture that has over one million dedicated followers across the globe. The funky lounge space inter-plays with a green environment, creating a place that transports you to the easy, lazy charm of the Caribbean islands. The lounge pays tribute to the legendary talents of Bob Marley who made Rastafarian culture a part of the mainstream music scene. Raasta has been recognized as one of the top ‘go-to’ destinations for live music. We have had live performances by international acts like Apache Indian, Diana King, Robert Babicz, Betoko, Pete Oak, Levelz and Iseo & Dodosound. Raasta also hosts an annual music festival, the RagaDub music festival, which has had five enthralling editions, featuring both Indian and International headliners. Raasta has also set a name for itself with an unparalleled hospitality experience, serving exciting mocktails, cocktails, world cuisine, small plates and grills. We also have our own range of Raasta merchandise designed by fashion designer Nida Mahmood, the queen of pop culture. As a vibrant multi-cultural nightlife destination, Raasta dedicates each night to some astounding themes like ladies night, reggae night, karaoke night etc and hosts some tremendous musicians and DJ’s. We wish to expand across all the major cities in India by giving out franchises.
Products and Services
Raasta themed Appetizers, Main Courses and Desserts, Mocktails, Cocktails and Alcoholic Beverages.
Preferred LocationsBangalore, Hyderabad, Chennai, Pune.
How to get Raasta Franchise?
Connect with us through SMERGERS and we will guide you through the process.
What are some of the things we look for in a Franchisee?
Franchise partner must manage the entire operations, operate the restaurant in a prime location and bear the cost of all events organised by us. The quality of food and service must be maintained at all times and maximum customer satisfaction must be ensured.
Support you can expect from the company
Obtaining liquor license in all cities mentioned, Restaurant setup and design, contract with architects and design consultants, hiring and training of staff, supply of ingredients and Raasta merchandise, marketing & promotional events like live music events, DJ nights and music festivals.
Earlier than 15 daysDirector, Apparel, Bangalore, Corporate Investor / Buyer connected with this business
Earlier than 15 daysDirector, IT, Bangalore, Individual Investor / Buyer connected with this business
Earlier than 15 daysSenior Technical Lead, IT, Bangalore, Individual Investor / Buyer accepted business proposal
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When was Raasta established?Raasta was established in 2011 in Delhi and is reported to have 3 Franchisees currently
What is the investment required to take up Raasta Franchisee?Investment required ranges from INR 1.8 crore - 3 crore depending on the format offered.
What is the space requirement for taking up Raasta Franchisee?Space required ranges from 3000 - 5000 sq ft depending on the format.
What Franchisee formats does Raasta offer?Raasta offers 1 format, i.e Raasta Bar & Lounge.
How to get Raasta Franchisee?Connect with us through SMERGERS and we will guide you through the process.