INR 1.5 cr + GST
ABOUT US
Boombox Bar Xchange (BBX) is An Affordable Luxury brand that creates unique experiential spaces inspired by music and latest F&B trends from around the world. The Boombox Bar Xchange format used a ‘stock-market’ algorithm which raises or decreases the price of drinks based on demand and supply. Users are able to use apps and monitors to find the right deal. Boombox has been a leader in the cafe and nightlife space for over a decade and is renowned for its spectacular food, drinks and events.
FOUNDED
Year 2010
FRANCHISING SINCE
Boombox Bar Xchange Bar Franchise In India started Year 2015
UNITS (CURRENT LOCATIONS)
Delhi, Gurgaon, Chandigarh, Lucknow
UNITS ( EXPANSION LOCATIONS)
Mumbai, Pune, Nagpur, Nasik, Goa, Vizag, Vishakapatnam, Chennai, Bangalore, Hyderabad, Bhubhaneshwar
INVESTMENT ( EXPECTED)
INR 1.5 cr + GST
FRANCHISE FEES
INR 25 Lakhs + GST
ROYALTY FEE
8%
AREA (SQ.FT.)
Starts From 2500-4500 + Sq.Ft.
RETURN ON INVESTMENT (EXPECTED)
360% over 5 Years
PAYBACK PERIOD( EXPECTED)
15 months
FINANCING ASSISTANCE
Vendor credit for equipment and supplies
NUMBER OF EMPLOYEES ( REQUIRED)
25-35 Employees.
TRAINING SUPPORT
Yes- All Senior Chefs and Managers trained and approved by central corporate team. On site training provided at launch and through out the year. Special Training modules created for Bar, Coffee, Kitchen and Service. All Star Team (best from across outlets) sent for new outlet opening for 1 month
MARKETING SUPPORT
In house marketing and media lab- will provide video, photography and web content. Viral worthy creatives and templates.Tie ups with leading brands and influencers. Celebrity visits from time to time
TRAINING LOCATIONS
Delhi , Lucknow, On site once kitchen is ready
TRAINING DAYS
14 days min + 14 days supervision
AGREEMENT TERMS
5 years
EXCLUSIVITY OPTION
City Distance or Format limitation
RENEWAL TERM
5 years
STAFF RECRUITMENT SUPPORT
Required Staff Recruitment Support Will Be Provided By The Brand.
OPERATIONS MANUAL SUPPORT
Required Operations Manual Support Will Be Provided By The Brand.
MARKETING MATERIAL SUPPORT
Required Marketing Material Support Will Be Provided By The Brand.
SITE SELECTION SUPPORT
Yes, along with MEP and services analysis