SHMI seeks pan India expansion
Opportunity India Desk
Sep 29, 2017 -
1 min read
Scott Hotel Management Institute (SHMI), owned and managed by Smart Edusol Private Limited is seeking expansion pan India via franchise route.
The entire management of the Hotel School would be planned and operated by the franchisee under a Standardised Management Procedure. The Principal and staff members would be hired and paid by the franchisee.
Academic and non academic staff would be hired and paid by the franchisee.
SHMI would provide the total support in planning and designing of the Hotel School including the identifications of equipments, furniture, IT hardware and software, library, cafetaria, hostels and amenities.
To attain the franchisee of the institute an aspirant requires minimum area of 2,500 sq. ft owned, rented or leased. Investment is required course wise with two models. In the first model, total investment of Rs 13 lakh including franchise fee of Rs 8 lakh onetime upfront with capital costs (equipments / furniture / computers etc) Rs 5 lakh is required while for the second model, total investment of Rs 15 lakh plus Rs 2 lakh for University Affiliation Costs is required inclusive of franchise fees of Rs 8 lakh onetime upfront and capital cost of Rs 7 lakh.
