Make My Trip Tours Travels Franchise - Cost and Start up Requirements
About Make My Trip franchise
Make My trip was started in the year 2000 by Deep Kalra. It is one of the most reputed travel agency that provides people with a platform to access travel packages and get the advantages of instant booking. It offers International and Domestic flight booking, hotel booking, tour packages, rail and road ticket booking and provides amazing deals and holiday packages. Make My Trip is one of the most trusted licensed tour operators and has made an irreplaceable place for itself in the tourism market. Getting associated with Make My Trip is one of the best ways to start out in the tourism business.
Cost and Investment
The overall investment required to start a Make My Trip franchise is around 5 to 10 lakh rupees. These figures might vary according to the cities and so does the franchise fees. In metro cities it might cost up to 16 lakhs. The franchise fee for tier 1, 2 and 3 is 8, 6 and 4 lakhs respectively and for smaller towns it will be 2 lakhs. The set up and interior will cost around 4 to 5 lakhs.
To start a Make My Trip franchise it is also essential to have a land area of 400 to 600 square feet in cities whereas 250 to 400 square feet in small towns. It is essential that the store be in the market place or a commercial area and there must be power backup at the store. The agreement is valid for up to 3 years and can be further renewed. All other franchise guidelines must be followed at the franchisee’s own cost. The expected ROI will be around 50% to 75% and break even period is expected to be 1 to 2 years. It is subjective of the location of the store and its proximity to the markets and commercial areas.
All the aspirants of the Make My Trip franchise can apply for it as the application process is really simple. All you have to do is go online to the URL: https://www.makemytrip.com/franchisee/franchisee_model.php an fill up all the details that are asked in the form. On reviewing your application the managers will get in touch to discuss the business model and will review this discussion to arrange the final meeting which will be organized in the Gurgaon head office. If the meeting goes smoothly all you have to do is sign the agreement and pay the franchise fee and you will become the next franchisee of Make My trip and the training will begin.
Training and Support
Make My Trip provides great support to all the franchisees in understanding the business and evolving it. Providing Operational support is one of the major parts of the training where the franchise gets to understand the latest travel trends, handling client queries, etc. Training on latest products is also provides and full support is provided by the organization while the staff is being hired and even beyond. Make My Trip also supports the franchisee in marketing as well as designing the store to match up the standards.
In case of any doubts or query you can contact corporate office of Make My Trip which is located at Gurgaon. You can also get in touch with them on call or send them a fax. All the contact details are mentioned below:
Address: MakeMyTrip India Pvt. Ltd.,
Tower A, SP Infocity
243, Udyog Vihar, Phase 1
Gurgaon, Haryana - 122016, India.
Phone no (Toll free): 1-800-11 8747 - From MTNL/BSNL phones, 1-800-102 8747 - All other operators