The terms will be specified in the final agreement, however, to help you take an informed decision guidance is provided as follows:

The Franchisee Agreement will be for an initial period of three years. The agreement can be renewed for further term , with a maximum of 10 years, on the sole discretion of Flavors of London ice Cream.


Franchise Fees

Depending upon the format of the outlet, the Franchisee has to pay an Initial Franchise Fee (RS.) to the Franchisor at the time of approval of the site for opening of the franchised outlet.


Security Deposit:

The Franchisee will give security deposit to the Franchisor as agreed between the parties. The security deposit is to be made by the franchisee per assigned outlet. No interest is earned on the security deposit.

On termination of the franchise agreement, the Franchisor will not bound to refund the security deposit But franchisee will bound for settlement of all outstanding dues.


Brand Royalty:

The Franchisee will pay a fixed Yearly fees, as brand royalty, to the Franchisor.


Outlet Specifications:

The type of outlet and the geographical area will be agreed and specified in the final agreement, however, there are three formats based on location and outlet size:

OUTLET SIZE KIOSIC SMALL OUTLET
OUTLET SIZE 150 Sq.ft. 150 Sq.ft.to 250 Sq.ft.
OUTLET OFFERING ICE CREAM PARLOUR ICE CREAM PARLOUR
SEATING NO SEATING OPTIONAL