SIGMA RESTAURANTS PRIVATE LIMITED

Food and Beverages


Business Details

Fishtro, an entrepreneurial venture into an uncharted territory, started research in the year 2007 and two years later opened its first restaurant in Pune.

A pioneer in its category, Fishtro is a quick service restaurant chain which focused on serving seafood and fish products. Fishtro aims at changing the way sea food is perceived & consumed in the Indian subcontinent.

Fistro’s core research team had to focus on overcoming the inherent challenges associated with fish and seafood industries’ lack of infrastructural support and consumer perceptual issues like fish odour, fish bones, hygiene concerns and the overall perception that seafood is expensive.

The result: Fistro’s products are healthy, odorless, boneless, standardized, are value for money and are served in your next-door friendly restaurant – through the year.

Innovation at every step and empathy towards everyone is the heart of Fistro’s culture. The same values have helped Fishtro develop in-house technologies like FTC (frozen-to-cook without any loss in quality and taste of the products) in seafood segment. Fishtro is an active member and contributes to the global open source software technology movement for restaurant and food industry.

All the recipies of Fishtro are original , research driven and have been developed by in-house food technologists and chefs.

To further enhance customer experience, Fishtro has developed a Tablet based QRCFS technology – (Quick Realtime Customer Feedback System) which leverages tablets, twitter and facebook platforms. More than 50,000 feedbacks were generated within a year using this technology that has helped Fishtro in further improvising the concept.

Fishtro has grown from a 3-member team to a 80-member team in less than 2 years. Sales have increased 400 % and Fishtro has grown from a single restaurant to four in numbers. Over 200,000 consumers have tasted and appreciated the concept of Fistro’s and its delicious menu.

With a target of 500 outlets and a pan India presence- Fistro’s aims at growing rapidly in coming future - to become pervasive and a permanent feature of our ever evolving cultural landscape.

APPLY FOR FRANCHISE

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Investment Details

Date Commenced Operations : 2009
Date Commenced Frachising / Distribution : 2010
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 30lac - Rs. 50lac Nil 10%
Master / Multi Units
Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
Country Wise Rs. 5 Cr. and above NIL NIL 10%
Region Wise Rs. 2 Cr. - Rs. 5 Cr NIL NIL 10%
State Wise Rs. 1 Cr. - Rs. 2 Cr NIL NIL 10%
City Wise Rs. 30lac - Rs. 50lac NIL NIL 10%
Are you looking for Trade Partners (Dealers, Distributors, MBOs, Retailers)?
Types of Channels Investment Margin Area Requirement
Distributor 0 5% All INdia
What areas are available for Unit franchise? : International
Nationwide
Where are you looking for expansion?    
North West East South Center Union Territories
    New Delhi
    Haryana
    Himachal Pradesh
    Jammu and Kashmir
    Punjab
    Uttaranchal
    Uttar Pardesh
    Gujarat
    Rajasthan
    Maharashtra
    Goa
    Assam
    Meghalaya
    Mizoram
    Tripura
    Arunachal Pradesh
    Manipur
    Nagaland
    West Bengal
    Sikkim
    Orissa
    Kerala
    Karnataka
    Tamil Nadu
    Andhra Pardesh
    Chhattisgarh
    Madhya Pradesh
    Bihar
    Jharkhand
    Andaman and Nicobar
    Pondicherry
    Chandigarh
    Lakshadweep
    Daman and Diu
How much working capital is required in franchise addition to this :
Is there exclusive territorial rights
given to a unit franchise?
: Yes
Are any performance guarantees
given to unit franchisees?
: No
What is the anticipated percentage return on investment? : 30% p.a.
What is the likely pay back period of capital for a unit franchise? : four years or less
Are there other investment
requirements?
: no

Property Details

What type of property is required for this franchise opportunity? : restaurant
Floor area requirement : 300 sq. ft. in a food court and 800-1200 in stand alone high street locations
Preferred location of unit franchised outlet:? : any location with footfall of 5000+ every day

Training

Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? : At franchisee location or Pune
Is field assistance available for franchisees? : Yes
Will someone from Head Office assist me when I open my franchise? : Yes
What IT systems do you presently have that will be included in the franchise? : Yes

Other Details

Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : 9
Is the term renewable? : Yes