Business Partner Opportunities WITH MANEA

Business partners form an integral and important part of our expansion plans and we look forward to their support and collaboration for sustained growth. We would like our partners to be like minded and support us with long term commitment. We look for sincerity and loyalty to our values as this is important in functioning to the optimum. For selecting our partners, we conduct a selection process where all parties are interviewed, evaluated and assessed. The basic Franchise requirements are the 3 Cs

Capital

Capital is of course a key ingredient to unfurl and accomplish any business venture. Initial investment/capital is required to roll out a MANEA SALON which is effective and impressive enough to create brand presence in the market. Without proper capital, momentum may be lost, and the entire business may be put at risk. There are certain basic requirements for starting a center which require initial investment. These include - Fitting, Fixtures, Furniture and equipment.

Commitment

Without commitment no venture can succeed. Hair & Beauty Services are no different. It is an industry which is based on scientific approach towards all its services and requires managerial attention, a mid-term to long-term horizon, and a daily focus on details to keep customers satisfied. Only absolute commitment can guarantee success.

Competence
The best systems are useless without a capable team. That is why MANEA guarantees and provides a well-tried and tested system and training curriculum. It helps in building a competent team for partners who run the centers. Following the systems is the most reliable formula for ensuring a high level of customer satisfaction and repeat business. MANEA provides Standard operating procedures for every aspect of the business. We assure support to our partners. MANEA believes in encouraging first time business entrepreneurs. All you need is commitment and motivation to be a part of the MANEA family.

Assistance in setting up of the Business

For MANEA, the horizon is ever expanding. We believe in nurturing talent and sharing expertise. We share our experience and expertise of years with our partners and we provide a support system for all those with whom we work. We believe in the power of interpersonal communication and implement this belief in all communications with our clients and Business Partner alike. We work closely with our partners to make all transactions as smooth as possible. Our offerings include:

A well established and reputed brand in AP

MANEA is a well known brand in AP with proven track record and technical competence. It is a premier brand in hair & beauty industry. Today, it is recognized for its excellence even in those cities where it does not have any physical presence.

Ongoing Support

We believe in nurturing and nourishing relationships with our partners. We provide suitable support at the right time at every level. MANEA believes in supporting its Business Partners to maintain long lasting relationships. Similarly, during the course of business we expect our partners to take their own initiatives to make the venture successful, while keeping the companys core values in mind. We provide guidance in technical, operational, administrative and sales and marketing functions.

The MANEA fee and investment requirements are based on a very simple and transparent calculation. An upfront partner fee is charged based on the potential of a particular location. Monthly royalty payments are based on the percentage of collections.
Royalty fees
MANEA SALONS PVT. LTD. Franchise Fees INR 3,00,000 5,00,000 per centre Depending on the location potential

We charge a Royalty Fees 10% of sales for 1st year 12% of sales for 2nd year royalty 14% of sales for 3rd year fees 17% of sales for 4th year based on 17% of sales for 5th year the total monthly billing. It is a recurring payment made by the partner to MANEA on a monthly basis. The process for partner application is simple and clear. It is based on candid sharing and transparency between the Franchiser and the Business Partner. The application process involves the sharing of basic information between the business partner and the franchiser in order to demarcate expectations from both parties. We want you to know what you are getting into, and would like to learn more about you. If our expectations are aligned, it ensures a successful partnership.
FREQUENTLY ASKED QUESTIONS - FAQs

WHAT IS THE TOTAL INVESTMENT FOR A SALON 30 TO 40 LACS

Is Franchise fees included in this figure?

Yes 3 to 5 Lacs

How much working capital is required in franchise Rs. 400000 addition to this? Is there exclusive territorial rights given to a unit franchise? Are any performance guarantees given to unit franchisees? What is the anticipated percentage return on investment? What is the likely pay back period of capital for a unit franchise? Are there other investment Yes No 60 30 months --

requirements? Property Details: What type of property is required for this franchise opportunity? Floor area requirement: Preferred location of unit franchised outlet: Training Do you currently have detailed Operating Manuals for franchisees? Where is the franchisee training done? Is field assistance available for franchisees? Yes

Commercial / Semi Commercial

1300 - 2000.

(1 Sq Mt = 10.76 Sq Ft.)

With in the city limits

MANEA ACADEMY HYDERABAD Yes

Will someone from Head Office assist me when I open my franchise? What IT systems do you presently have that will be included in the franchise? Other Details:
Do you have a standard Franchise Agreement? How long is the franchise term for? Is

Yes

Manage my spa

Yes 5 years.