Q. How much would Cocoona Franchisee cost me..? A.  The initial setup cost would be around INR 1.9-2 Crs. (India) AED 1-1.5 Mn (Gulf Countries) for an area of 1500-2000 sq. Ft., including working capital, franchise fees, interiors, equipment and rental. Q. How long does it take to open Cocoona Franchise? A. After signing the formal agreement it normally takes 3-6 months to start the entire operations Q. Do I need a license to open Cocoona Franchise? A. No, however, you need to sign a formal legal agreement. Q. When can I break even? A. The break-even point caries between centres. It depends on various factors such as overheads and operating cost. However, the USP of this business is the fastest pay-back period and the quick break-even point. Q. Where are you selling Cocoona Franchise? A. Middle East and Pan-India approach will be taken with initial phase starting with major cities. Q. Do I need to be currently from Medical background to be accepted as a Franchisee? A. Prior experience in the Medical Sector is desirable but not mandatory. Our Franchise program us designed in such a manner that it assists a new franchisee in all the areas of operations. Q. What is the term of the franchise agreement? A. The initial agreement is for 5 years, with the option of further renewal. Renewal of the agreement is subjected to manual agreement of both the parties. Q. Do you provide any business aids? A. We provide business aids, in fact we start helping you from the set up phase; we will help you from designing of the centre, fixtures, staff recruitment and software training to help with day-to-day operations. Q. How will advertisement be handled? A. Local advertisement will be done by the Franchisee and national level advertisement/promotions shall be carried out by Cocoona.
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