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Company Vision & Business Model
Razzo (Miracolo Hospitality Private Limited) aims to establish a scalable and profitable business model that caters to both delivery and dine-in customers. The dual-brand strategy—Razzo and Crafted by Razzo—leverages shared resources to maximize revenue while minimizing costs. The focus is on authentic, high-quality vegetarian dining experiences.
Founders & Leadership
Brand Portfolio
Parent Company: Miracolo Hospitality:
A Mumbai-based hospitality firm specializing in:
Market Insights & Growth Potential:
Consumer Trends & Target Markets:
Franchise Model & Expansion Plans:
Operations Commenced On 2024
Franchise Commenced On 2025
Investment INR 50lakh - 1 Cr.
Franchise/Brand Fee INR 700000
Royalty/Commission 6 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 87 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 700 - 1000 Sq.ft
Detailed operating manuals for franchisees Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
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