Nirulas and You

Today with the development in Real Estate and Retail sectors, the Hotel and Restaurantsectorsaregrowingrapidly.Beingapioneerandinnovator,Nirula'swas the first company in India to introduce Quick Service Restaurants. Considering the opportunitiesinthesector,Nirula'shasembodiedonanaggressiveexpansionplan bothnationallyandinternationally. NirulasexpansionthroughFranchiseRoute: Nirula'sFranchiseRoutegivestheopportunityformediumsizecorporatestooperate atested,proven,andprofitablebusinessmodulecoupledwithsupportservices.This increasesthechancesofsuccessinthemarketplacebyusingthepopularityofthe Nirula'sbrandbysettingupandoperatingHotelsandRestaurants. RoleandResponsibilitiesoftheFranchiseeandNirulasaresummarizedasbelow: TheFranchisee The Franchisee shall setup and operate various Food Outlets and Hotels of various modulesaspertheNirula'sspecificationsinmultiplelocationsinaspecifiedassigned trade area/ territory. Running of the Nirula's Food Outlets and Hotels includes the followingresponsibilities: Findingsuitablesitesforsettingup/openingNirula'sOutletsandHotels MakingtherequiredinvestmentsinsettingupoftheFoodOutletsandHotels OperatingthebusinessoftheFoodOutletsandHotelsundertheTradeNames ofNirula's PromotingsalesoftheOutletsandHotels Procuring all required licenses, permissions and sanctions for running of the outletsandHotelsandgettingthesamerenewed Bearing all Government/Statutory taxes and levies for the operations of the FoodOutletsandHotels Carrying day to day maintenance of the outlets, bearing all revenue and capitalexpenditures,upgrading,renovatingtheoutlets,etc

 Collecting the sales money and making the timely payments to vendors, suppliers, staff, franchisor, statutory authorities and others for the smooth runningoftheoutlets Nirulas NirulasshallprovideitssupportandcooperationtotheFranchiseeinsettingupand operationoftheHotelsandFoodOutlets: Approving the sites for Hotels and Food Outlets. Providing/recommending qualified architects, designers, consultants and vendors for setting up of the Hotelsandoutlets. Supportinginprojectplanningandfinalizingtechnicalrequirements. Definingdesigningnormsandequipmentspecifications. DefiningHRpolicies,assistinginprocurement,trainingandinductingHuman Resources. OperationalandotherauditsoftheHotelsandoutlets. Conducting periodical review of the business and recommending business promotionplans. DefiningOperationalandotherguidelinesfortheoperationoftheHotelsand Outlets. PermissiontooperatetheHotelsandFoodOutletsundertheTradeNamesof Nirula's.

Who and what Nirulas is looking for

Nirula's is looking for organizations/ individuals who can form a company. The candidateshouldhavestronginterest,desire,andfinancialqualificationswithother factorswhichsignifytheabilitytomanageHotelsandfoodserviceoperations.Toget the benefits from the opportunities that Nirulas offer, the applicant franchisee shouldsatisfythefollowingmandatorycriteria: The applicant should be a Company or an individual who is ready to form a Company.

 CompanymusthaveagoodfinancialtrackrecordandincaseoftheIndividual, he/sheshouldhaveasoundfinancialtrackrecord. It should have the ability to meet the financial obligations of setting up, running,andpromotingtheHotelsandfoodoutlets. PreferablythecompanyhavinganexperienceintheFoodBusinessandHotels oritspromotershavingexperienceinthesame. The preliminary object of the Company should be operating food business, Hotels preferable having an object clause in the Memorandum to take a FranchiseofNirula's. StrongcommitmenttowardsmanagingNirulasHotelsandFoodoutlets. AbilitytoprocurecommercialviablesitesforHotelsandFoodOutlets. StronglocalnetworkinGovernment,businessandfinancialcircleinterritory wheretheHotelsortheoutletsaretobeopened.

Outline of Terms and Conditions for the Multiple Outlets Franchise

TypesofHotels/Outlets(Modules)/Area required IcecreamParlor/75100sq.ft. ExpressCounter/150250sq.ft. FoodCourts/350400sq.ft. FamilyStyleRestauranthavingseatingcapacityoflessthan40./ 12001500sq.ft. 5. FamilyStyleRestauranthavingseatingcapacityof40ormore./ 1500sq.ft.&above 6. NirulasChineseRoom/20003000sq.ft. 7. NirulasPotpourri/2500sq.ft.&above 8. PegasusBar/10001500sq.ft. 9. NirulasHotelhavinglessthan50rooms 10. NirulasHotelhaving50roomsormore AGeographicalAreatobespecified TheFranchiseehastoopenaspecifiedminimumnumberofHotels/ Outletsaspertheprescribedmodules,whichwillberevisedannuallyor periodically.
InordertohaveaconditionalexclusivityforoperationofNirulasHotelsand foodoutletsinthespecifiedterritory,theFranchiseehastopayanExclusive FranchiseFeeatthetimeofsigningoftheFranchiseeagreement

1. 2. 3. 4.

TerritoryofFranchise MinimumCommitment

ExclusiveFranchiseFee(EFF)

InitialFranchiseFee(IFF)

DependingupontheModuleofoutlettheFranchiseehastopayIFFto theFranchisoratthetimeofapprovalofthesiteforopeningofthe franchisedoutlet.

EscalationofIFF TermofPaymentofIFF

The Initial Franchise Fees mentioned hereinabove will be increased periodically. AtthetimeofsigningtheindividualLease/LicenseAgreementsfortaking the possession of the sites for the individual Hotels/Food Outlets or incaseofownedsitesatthetimeofpassingoftheproposalfortheHotel/ outletbytheFranchisor. A particular percentage of Net Sales as mentioned in Table C of AnnexureIwillbepaidasRoyaltytotheFranchisor.Netsalesshallmean thesalesmadefromeachofthedifferenttypesofHotelsandFranchised Outlet including home deliveries and all other sales but excluding Sales Tax/ValueAddedTaxes/suchothertaxesapplicableonthesales. The franchise shall reimburse all the expenses make by Nirulas for providing advisory, supervisory and technical services for setting up or running of the Hotels and Food Outlets and the expenses made by NirulasforinternalandexternalauditoftheHotelsandFoodOutlets. An escrow account to be opened with the same bank where the sales proceed of the Hotels/outlets are deposited on daily basis. The agreed amount shall be transferred to the same escrow account to be utilized onlyforthepurposeofrenovationoftheHotels/outlets. The Franchise is given for an initial period of 10 years with the sole option of renewal by Nirulas for further two terms of 5 years each. Nirulascanrenewthefranchiseforanyfurtherperiodaftertheexpiry ofabovesaid20years,onitssolediscretionanduponthepaymentof renewalfeesbytheFranchisee.

Royalty(tobepaidmonthlybythe Franchisee)

Reimbursementofexpensesofthe Franchisor

RenovationofOutlets

TermofFranchise

Advertising&SalesPromotion

The Franchisee shall be responsible for continuously undertaking marketing,advertising&salespromotionactivities,atitsowncost and expense, within the Specified Territory as per the budgets, planning and instructions given by the Franchisor from time to time.

ProspectiveFranchiseeQuestionnaire
This questionnaire is designed to help with preparing and presenting personal information for the confidential use of our Company. Please include as much detail as possible. The completion or submissionofthisreportplacesnocontinuingobligationoneitherparty.Thisisnotacontract.

Personal Data
NameoftheApplicant: FathersName: ResidenceAddress:

Telephone: Mobile: Email:

DateofBirth: MaritalStatus: MarriedUnmarried

Education and Skills of the Applicant

LevelofEducation: HighSchool CollegeGraduate PostGraduateDegree

ListallyourpersonalskillsrelevanttotheQuickServiceRestaurantBusiness:
Describeanyexperienceinsales,management,andretailing:

Details of Proposed Site

LocationAddress: IsthepropertycommerciallyapprovedbyDDA/MCD/LocalRegulatory? YesNo Isthepropertylocatedinanauthorisedcommercialarea? YesNo Available/proposedlevel? BasementGroundFloorMezzanineFloorFirstFloor Numberofopeningasperapprovedplan? One(Frontopening)TwosidesCornerPlotn Otherspleasespecify: NameoftheregisteredOwner/Owner'softheproperty? Owner1Owner2 PropertyTitle SelfOwnedRented(Ifrentedminimumleaseperiodrequired10years) Heightofthecellingbelowbeamlevel?(inft.) TotalAreaAvailable CarpetAreain(Sq.ft)SuperAreain(SQ.ft Frontageoftheproposedproperty?(inSq.ft.)

 Super&CarpetareasFloorwiseifspreadatdifferentlevels? SuperArea BasementMezzanineFloorFirstFloor CarpetArea BasementMezzanineFloorFirstFloor Whatisthesanctionedelectricityload?InKVA Isenoughparkingspaceavailable? YesNoTypeofParking(No.ofCars) DoestheAuthorisedBorewellexistintheproperty? YesNo AvailibilityofWater? YesNo Doesthepropertyhaveairconditioning? YesNoIfYes,Type&Tonnage? DoesthepropertyhaveToilets? YesNo DoesthepropertyhavePowerBackup? YesNoIfYes,SpecifythePercentage? DistancefromthenearestEducationalInstitute? NameofEducationalAreaInkms./InMtrs. DistancefromMainRoad/Accessibility/Visibility? NameoftheRoadInkms./InMtrs. DistancefromthenearestMall/CinemaHall? NameoftheMall/CinemaHallInkms./InMtrs. DistancefromthenearestRetail/Businessarea? NameoftheRetail/BusinessAreaInkms./InMtrs.

Franchisee Company Information

NameoftheCompany: CompanyRegisteredintheCountry/territoryof: DateofincorporationoftheCompany: CompanyRegisteredunderthelawsof: ApplicantsPosition/Title: RegisteredofficeAddressoftheCompany: DetailsofBusinessExperienceoftheCompanyinHotelandFoodServiceBusiness:(Separate sheetscanbeattachedherewith) CompanyHistoryandProfile:(Separatesheetscanbeattachedherewith) (AlsoattachacertifiedcopyoftheMemorandumofAssociationoftheCompany) NumberofShareHoldersoftheCompany:(Attachtheshareholdingpatternwiththelistof

shareholdersholdingmajorityofsharesoftheCompany) NumberofDirectorsoftheCompany:(AttachalistofDirectorstheCompanywiththeirName andAddress) Haveyou/yourcompany/anyofitsDirectorsevertakenanyfranchise? YesNo Ifyes,pleasedescribethetypeofbusiness.Includewhetherornotyoustillareafranchisee.If no,whathappenedtothebusiness? Haveyou/yourcompany/anyDirectorofyourcompanyeverfailedinabusinessventure? YesNo Ifyes,thenpleaseprovidedetails: Hasanyjudgmenteverbeenenteredagainstyou/yourcompany/anyofthedirectorsofyour company? YesNo Ifyes,pleaseexplain: Haveyou/yourcompany/anyDirectorofyourCompany,everfiledapetitionforbankruptcy? YesNo Ifyes,pleaseprovidedetails:

Describeanylawsuitstowhichyouoryourcompanyhavebeenaparty.Includethestateand courtinwhichthelawsuitwasfiled: Whatwastheoutcome?

Information on Nirulas
HowdidyoulearnaboutNirulas?

Brieflystatewhyyouhaveselectedfoodservice/Hotel.

WhydoyoubelieveNirulaswillbetherightFranchiseforyou?

Financial Information
NetworthoftheCompany(asperlatestAuditedBalanceSheet): (AttachaLatesstStatementofAssetsandLiabilitiesdulycertifiedbyaCharteredAccountant) TurnoveroftheCompany(asperlatestAuditedBalanceSheet): (AttachthelastAuditedBalanceSheetoftheCompany) Ifqualifiedforafranchise,whenwouldyoubereadytoinvestinNirulasfranchise? Doyouhaveasourceoffinancing? Whatamountoffinancingdoyoubelieveyoucouldqualifyfor?

Location Preference
Pleaseindicateareas/locationsthatinterestyou.

 AreyouinterestedinbothHotelsandFoodOutlets? Incasethesitehasalreadybeenselected,pleaseprovidethefollowinginformationanddetails: 1. Photographofthesite: a. Frontentranceview b. Oneofthesideopposite,withthebacktowardstheentrance. c. Insideofthesite d. Surroundingsofthesite,withtheroads/streetonwhichthesiteislocated. 2. Siteplanofthelocation 3. Totalcarpetareaofthelocation. 4. Commercialornoncommercialstatus 5. Sanctionedelectricalloadofthesite 6. Keylandmarksaroundthelocation 7. Keybusinessactivitiesaroundthelocation ListofDocumentstobeAttached: 1. 2. 3. 4. 5. 6. 7. 8. MemorandumofAssociationoftheCompany ShareholdingpatternoftheCompany ListofshareholdersholdingmajorityofsharesoftheCompany ListofDirectorstheCompanywiththeirNamesandAddresses LatesstStatementofAssetsandLiabilitiesdulycertifiedbyaCharteredAccountant LastAuditedBalanceSheetoftheCompany Letterofgoodstandingfromthebankwheretheproposedfranchiseementainsaccount. Anyotherdocumentsthefranchiseewouldfeeltoattach

References: Two business references and two personal references

BusinessReferences Name: Designation: Organization: Address: Phone: BusinessReferences Name: Designation: Organization: Address: Phone:

 PersonalReferences Name: Designation: Organization: Address: Phone: PersonalReferences Name: Designation: Organization: Address: Phone: ThepersonalinformationcontainedwithinthisquestionnaireisprovidedtoNirulasCornerHousePvt.Ltd.in ordertoobtainpertinentinformationaspartoftheNirulasfranchiseevaluationprocess.Iherebyauthorize NirulasCornerHousePvt.Ltd.oritsagenttoreceiveanyandallinformationandreports.Thisinformation willbeheldinstrictconfidenceandbeusedonlytoaccessmycreditworthiness. The undersigned states that the information contained herein is true and correct to the best of my knowledge and gives permission to Nirulas Corner House Pvt. Ltd. and its representative to confirm the informationprovided. Name: Signature: Date: Returnto: TheBusinessDevelopmentDepartment NirulasCornerHousePvt.Ltd. C135,Sector2 Noida,U.P.201301

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