Zostel Franchise Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech

Zostel Franchise Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech

Are you a fellow dreamer, thinker, wanderer, and go-getter, passionate about life and travels to the core? Well, to fuel this fire and to create something magnificent out of it, Zostel has come up with EDP 3, an entrepreneur’s gateway to chasing their dreams. Back in 2013, we launched Zostel with an ambition of changing the way people travel in India, and with that, the way people perceive travel. And to make travel fun, affordable, and safer, we require like-minded people who have the fight in them to take this challenge head-on with us.

Today, Zostel is one of the biggest brands in the global youth travel industry, thanks to the hard work of our 75+ remarkable partners who have poured their heart in helping us with this quest. Along with living the most happening life, they all successfully run their own Zostel franchises, spread across 36 cities in India and Nepal. So, if you’ve been waiting for that one shot to turn your life around, this is it. Sit back, understand our business model, and take the first step towards building your dream life by registering with us.

Zostel Franchise Wiki

It is a one-of- its-kind initiative by Zostel to help and motivate the ‘free’ and ‘ambitious’ souls, who want to be an entrepreneur and to break free from the shackles of a monotonous life holding them back. Through this programme, Zostel handholds you in starting your own Zostel at a location of your choice.

Zostel Franchise Benefits

  • Phenomenal Brand Value
  • Efficient Revenue Management
  • Set-up & Design Guidance
  • Strong Operating Procedures
  • Innovative Marketing Push
  • Technology Backend

Zostel Franchise Cost, Investment, Fee

On an average it takes somewhere between 20 – 25 lac rupees to start a Zostel franchise depending upon the condition of the property, city and your deal with the owner of the property.

Yes, we charge a one-time franchise fee which is INR 2,00,000 inclusive of taxes. Our commissions and monthly charges initiate only after the property is set and launched. We do not charge you anything until the time the property is up and running.

We charge a variable commission of 18-24% of the accommodation revenue based on operational quality score. We DO NOT charge any commission on Food & Beverage sales or any other ancillary revenue of the property.

Zostel Franchise Requirements

This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.

Zostel Franchise Profit, ROI

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.

How To Apply For Zostel Franchise 

You can Apply for this franchise at their official website. There you will get a form that you have to fill then company officials will contact you.

Zostel Franchise Contact Detail

Website

https://www.zostel.com/

Zostel Franchise FAQ

Is It Profitable To Start Franchises?

Yes, It is very much profitable to start

Why Zostel is running this program?

Because Zostel believes that travel is a form of meditation, a way of knowing yourself deep down – something which has profound effect on the way you think and act in life. Our sole ambition is to make people travel more and to change the way India is travelled. Obviously, being such a humongous task, we can’t do it alone. We want passionate, hard-working people with a similar philosophy to create a strong community of travellers and entrepreneurs, a community that can bring in a revolution.

I don’t have a property but I want to open a Zostel?

No problem, most Zostels run on a renting model where the franchisee owner takes properties on long term lease and the franchisee handles the operations of the property on ground with an oversight by the Zostel team on day to day basis.

Can Zostel take my existing property, manage it and give me rent or share in profits?

No. All Zostel run on Franchisee-Owned Franchisee Operated (FOFO) business model. Under this the franchise owner has to either own/lease a property and then Zostel will help them in setup, sales, marketing, operations etc.

Can I apply with multiple partners on board?

Yes, you can.

Conclusion

So far we have shared the basics of franchise overview for this Franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you

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