Cafe Franchise Opportunity
Rare Earth Cafe 7.1 /10
2016 Estd
·
1
Franchisee
· Mumbai HQ
· Listed By Business Owner / Director
All Formats
Format | Investment including Brand Fee | Brand Fee | Space | Staff | Exp. Monthly Sales | Profit Margin | Royalty |
---|---|---|---|---|---|---|---|
Rare Earth Cafe | USD 83 - 238 thousand | USD 7.1 thousand | 1,000 - 2,000 Sq Ft | 15 | USD 24 thousand | 25% | The royalty will be 8-10% of the monthly turnover. |
QSR Format | USD 36 - 72 thousand | USD 7.1 thousand | 500 - 800 Sq Ft | 5 | USD 9.5 thousand | 20% | The royalty will be 8-10% of the monthly turnover. |
Format Name | Rare Earth Cafe | QSR Format |
---|---|---|
Investment | USD 83 - 238 thousand | USD 36 - 72 thousand |
Brand Fee | USD 7.1 thousand | USD 7.1 thousand |
Space | 1,000 - 2,000 Sq Ft | 500 - 800 Sq Ft |
Staff | 15 | 5 |
Expected Monthly Sales | USD 24 thousand | USD 9.5 thousand |
Profit Margin | 25% | 20% |
Royalty / Commission | The royalty will be 8-10% of the monthly turnover. | The royalty will be 8-10% of the monthly turnover. |
About Rare Earth Cafe
Rare Earth Cafe is leading the vegan revolution.With 8 years of dedicated experience, Rare Earth has established itself as a premier completely vegan café, thriving in a rapidly growing market. Our commitment to exceptional quality, innovative plant-based cuisine, and an inviting ambience has made us a preferred destination for vegans and vegetarians alike.
Our diverse menu also attracts non-vegetarians, particularly drawn by our popular soya chaap. This broad appeal, coupled with the increasing trend towards plant-based diets, positions Rare Earth as a highly promising franchise opportunity.
Join us in leading the vegan revolution, expanding our reach, and making a positive impact on health and the environment. The margins in our franchise are very high as we sell our products at 4x the cost of production. This results in a high gross margin. The business is registered and has the approvals to operate in the industry.
Products and Services
We have one of the biggest vegan, Jain, and Sattvik menus.Our menu includes:
- Pizza.
- Soya chaap.
- Burgers.
We have over 150 food items on our menu.
Preferred Locations
India.
How to get Rare Earth Cafe Franchise?
Procedure to Take a Rare Earth Franchise.1. Initial inquiry:
- Contact Rare Earth via email or phone to express your interest in becoming a franchisee.
- Provide basic information about yourself and your business background.
2. Franchise application:
- Fill out a franchise application form, detailing your qualifications, financial status, and preferred location for the franchise.
- Submit the completed application to Rare Earth for review.
3. Initial meeting:
- Schedule an initial meeting with the Rare Earth franchise team.
- Discuss your interest, ask questions, and get an overview of the franchise model, expectations, and support provided.
4. Franchise Disclosure Document (FDD):
- Receive the Franchise Disclosure Document, which includes detailed information about Rare Earth, the franchise agreement, and the obligations of both parties.
- Review the FDD thoroughly and consult with a legal advisor if necessary.
5. Financial review:
- Conduct a financial review to ensure you meet the financial requirements for becoming a Rare Earth franchisee.
- Prepare a business plan and financial projections for your franchise location.
6. Site selection:
- Work with the Rare Earth team to identify and evaluate potential locations for your franchise.
- Consider factors such as demographics, visibility, accessibility, and competition.
7. Franchise agreement:
- Sign the franchise agreement, officially becoming a Rare Earth franchisee.
- Pay the initial franchise fee as specified in the agreement.
8. Training and support:
- Attend comprehensive training provided by Rare Earth, covering all aspects of running the café, including operations, marketing, customer service, and management.
- Receive ongoing support from the Rare Earth franchise team to ensure a smooth launch and successful operation.
9. Setup and launch:
- Work with the Rare Earth team to design and set up your café, adhering to brand standards and guidelines.
- Hire and train your staff with the assistance of Rare Earth.
- Plan and execute a grand opening event to attract customers and create buzz in the community.
10. Ongoing operations:
- Operate your Rare Earth franchise, maintaining high standards of quality, service, and customer satisfaction.
- Participate in regular meetings and training sessions to stay updated on best practices and new developments.
Join the Rare Earth family:
Become part of the growing vegan movement and make a positive impact on health and the environment by taking a Rare Earth franchise. For more information, contact us today!!
Connect with us on SMERGERS and we will guide you through the process.
What are some of the things we look for in a Franchisee?
We expect the franchisee to adhere to the brand value and to follow the brand guidelines.
Support you can expect from the company
We will provide training, help in site selection, help in setting up the business, and provide constant support.
Profile Stats
- 100+ Page Views
- 70+ Investor Views
Tags:
Burger Joint franchise in India
·Cafe franchise in India
·Cafeteria franchise in India
·Tea Room franchise in India
·Coffee Shop franchise in India
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
You might also be interested in these
opportunities
Frequently
Asked
Questions
Asked
Questions
-
When was Rare Earth Cafe established?Rare Earth Cafe was established in 2016 in Mumbai and is reported to have 1 Franchisee currently
-
What is the investment required to take up Rare Earth Cafe Franchisee?Investment required ranges from INR 30 lakh - 2 crore depending on the format offered.
-
What is the space requirement for taking up Rare Earth Cafe Franchisee?Space required ranges from 500 - 2000 sq ft depending on the format.
-
What Franchisee formats does Rare Earth Cafe offer?Rare Earth Cafe offers 2 formats, i.e Rare Earth Cafe,QSR Format.
-
How to get Rare Earth Cafe Franchisee?Procedure to Take a Rare Earth Franchise. 1. Initial inquiry: - Contact Rare Earth via email or phone to express your interest in becoming a franchisee. - Provide basic information about yourself and your business background. 2. Franchise application: - Fill out a franchise application form, detailing your qualifications, financial status, and preferred location for the franchise. - Submit the completed application to Rare Earth for review. 3. Initial meeting: - Schedule an initial meeting with the Rare Earth franchise team. - Discuss your interest, ask questions, and get an overview of the franchise model, expectations, and support provided. 4. Franchise Disclosure Document (FDD): - Receive the Franchise Disclosure Document, which includes detailed information about Rare Earth, the franchise agreement, and the obligations of both parties. - Review the FDD thoroughly and consult with a legal advisor if necessary. 5. Financial review: - Conduct a financial review to ensure you meet the financial requirements for becoming a Rare Earth franchisee. - Prepare a business plan and financial projections for your franchise location. 6. Site selection: - Work with the Rare Earth team to identify and evaluate potential locations for your franchise. - Consider factors such as demographics, visibility, accessibility, and competition. 7. Franchise agreement: - Sign the franchise agreement, officially becoming a Rare Earth franchisee. - Pay the initial franchise fee as specified in the agreement. 8. Training and support: - Attend comprehensive training provided by Rare Earth, covering all aspects of running the café, including operations, marketing, customer service, and management. - Receive ongoing support from the Rare Earth franchise team to ensure a smooth launch and successful operation. 9. Setup and launch: - Work with the Rare Earth team to design and set up your café, adhering to brand standards and guidelines. - Hire and train your staff with the assistance of Rare Earth. - Plan and execute a grand opening event to attract customers and create buzz in the community. 10. Ongoing operations: - Operate your Rare Earth franchise, maintaining high standards of quality, service, and customer satisfaction. - Participate in regular meetings and training sessions to stay updated on best practices and new developments. Join the Rare Earth family: Become part of the growing vegan movement and make a positive impact on health and the environment by taking a Rare Earth franchise. For more information, contact us today!! Connect with us on SMERGERS and we will guide you through the process.