SAGAR RATNA

WE PROVIDE FOLLOWING BENEFITS TO OUR FRANCHISEES 1. Provide opportunity to become part of our large and well established time tested business. 2. Business risks are minimised. 3. Advantage of goodwill of our business. 4. Availing readymade technology and operating system thereby saving on the need to develop one's own technology, systems and procedures. 5. Training in conduct of business as well as of manpower and continuous training support provided by us. 6. Research and development support of our organisation. 7. Reduced cost of business due to economy of scales. 8. Our business support helps on procuring easy finance. CHECK OUT THE FOLLOWINGS: FRANCHISE POLICY IN INDIA FRANCHISE POLICY OUTSIDE INDIA BECOME A FRANCHISEE • FRANCHISE POLICY IN INDIA 1. GROUP BACKGROUND A modest effort that started in 1986 spiraled to a revolutionary style growth in culinary delights. Sagar Ratna restaurants have made a place for themselves due to popular demand of a “branded” quality and menu. The reputation carries the revolutionary vision and drive of the legendry Jayaram Banan whose touch endorses the Sagar Ratna quality. Sagar Ratna the flagship outlet at Defence Colony in the capital of India started with a 40 seat south Indian restaurant with the simple philosophy based on honesty. Today the ever-growing demand has translated into 25 outlets in and around Delhi and 22 Franchisee outlets in India and 1 outlet outside India offering a range of multi cuisine options boast the Jayaram touch. Having won every laurel, every respectable mention in the world of Gastronomy, the legend proceeded to the finest chain of fine dining restaurants with honourable mentions in the media, newspapers and amongst the highest circles. 2. CODE OF ETHICS The vision of Sagar Ratna and its success are based on the strong principle that should form the common basis of any future relationship. 1. Honesty and Trust 2. Purity 3. High standards of cleanliness and Hygiene 4. CourteousManagementandpersonnel 5. Authentic South Indian Cuisine served in traditional style 6. Affordable budget for class and mass. 3. BASIC REQUIREMENTS Space: Approximately 5000 square feet in popular commercial zone preferably ground floor and ample parking space. Experience: Basic knowledge of catering and aptitude for hard work. Transparent business ethics. Investment: Largely dependant on city and class but approximately Rs. 52-60 lac. 4. OBLIGATION OF SAGAR RATNA 1. Sagar Ratna will allow the use of its brand name as per usage Manual 2. Give complete know-how for set up of Restaurant 3. Provide speciality raw materials on chargeable basis a per rate schedule 5. OBLIGATION OF FRANCHISOR 1. Entire investment of construction,  interiors, air- conditioning, Kitchen, Fixtures, gadgets, equipment, appliances, cutlery, linen in accordance with the specifications stipulated by Sagar Ratna. 2. Procurement of perishables like milk, vegetables, Groceries as per specifications provided. 3. High standards of   cleanliness in kitchen, toilets and restaurant shall be maintained along with pest control as per our schedule. 4. Shall observe and comply with all the rules and regulations of the shops and establishment Act, Entertainment Act and regulations that may be applicable by law from time to time, including obtaining licences as may be required in the state. 5. Manpower/ Management shall be on Franchisee’s roll and all related laws shall be honoured in respect of payment of salaries, EPF, ESI, Bonus, Gratuity,  Compensation &  minimum wages act as may be applicable from time to time. Sagar Ratna will bear no responsibility  on this behalf. 6. Uniform to be provided to staff as per our specification and design manual. 7. Shall personally be liable for the quality and purity of ingredients used for the preparation of Food and in case any adulteration or defect found used in the preparation of the said food, the Franchisee is personally be liable for civil and criminal action under prevention of Food & Adulteration Act 1954. 8. The Franchisee shall nominate one of representative as per the requirement of Food & Adulteration Act 1954 for this purpose 9. The Franchisee shall be responsible for operational expenses for running the business, staffing and maintain adequate manpower. 10. Shall be responsible for collection and timely deposit of sales Tax/other applicable taxes. 11. Shall maintain books of Accounts as per the requirements of Sales Tax/Income tax and other Government bodies. 12. The Franchisee shall provide bank Guarantee for Rs. 5 Lakhs at the time of signing the Franchise agreement. 6. ROYALTY/MONETARY IMPLICATION An amount of Rs. 10 lacs plus applicable service tax will be paid as reimbursement for staff training expenses at the time of signing the agreement. 15.00% recurring royalty  plus service tax as applicable,  will be payable monthly on total net sales inclusive of outdoor catering, counter packing, home delivery (exclusive of sales tax). 7. GENERAL 1. The duration of Agreement is initially for a period of 10 years renewable for a further period on mutually agreed terms. 2. The name of the restaurant “Sagar” or “Sagar Ratna” is exclusive Property of the Franchisor, and the Franchisee has no Lien on it. On Expiry of/ termination of the Franchise agreement the Franchisee can not use identical names or their likeliness their-of what-so-ever. 3. The Franchisee or their associates are restricted to open on their own any other similar outlets in the same city or other cities in any part of India. 4. The Menu rates decided by the Franchisor  can not altered by franchisee without authorization 5. Sagar Ratna has the right to inspect all books of accounts by its authorized representative. 6. Sagar Ratna has the right to inspect all food items and raw materials through its representatives and point out deficiencies for correction at all times. 7. The Franchisee cannot ever represent as the Franchiser to any Government or other body or individual what so ever for any business promotion or otherwise without written authorization. 8. Any amendment to Franchise agreement has to be in writing with the endorsement of both parties. 9. Any disputes/or differences arising between this agreement shall be settled by arbitration in accordance with the provisions of the Indian Arbitration Act 1940 as amended from time to time. 10. The agreement can be terminated by the Franchiser in the event of any violation of the clauses by issuing one month notice. 8. SITE VISIT If the Franchisee is satisfied with the above terms & conditions and desires to take up the Franchise, then he shall arrange for the site visit of Franchisor or their authorized representatives for final approval of the site. Before the site visit the Franchisee shall arrange to deposit with Franchisor a Demand Draft for Rs. 30,000.00 drawn in favour of “M/s. Sagar Ratna Hotels Pvt.Ltd.” payable at Delhi towards travelling/Incidental Expenses on site visit. It is optional on part of Franchisor either to approve or disapprove the site depending upon the requirements of the business. In case the site is disapproved for any reason the site visit fee of Rs. 30,000.00 paid is not refundable. »Top« • FRANCHISE POLICY OUTSIDE INDIA 1. BASIC TERMS & CONDITIONS  OF OVERSEAS FRANCHISE AGREEMENT 1. Provide name which is an exclusive property of the Franchisor. 2. Guide to  set up the restaurant as per their standard 3. Provide skilled manpower and management support 4. Provide speciality raw materials, semi- finished products on chargeable basis. 1. OBLIGATION OF FRANCHISOR 1. Entire investment towards construction of Building, Interiors, Air conditioning, Furniture & Fixtures, Kitchen Gadgets/Equipments, Crockery, Cutlery, Linen etc. in accordance with the specification of the business. 2. Procurement of raw materials, Vegetables, Milk, Groceries as per our quality specifications. 3. Running/operation of restaurant as per the directions/specifications provided by us 4. High Standard of house keeping services including cleaning materials, anti pest operations etc. Also Keep premises clean including kitchen, toilet etc, as per the standard prescribed. 5. Shall observe and comply with all the rules and regulations bye Laws prevailing in the state. 6. Shall be responsible to obtain and keep in force and pay at his cost for all necessary licenses from the state required for the purpose of running the business. 7. The manpower/management personnel provided shall be on Franchisee’s roll and he shall be responsible for payment of salaries to the employees and shall be liable for the implementation of all labour laws and social legislation existing as on date or enacted from time to time. Also Franchisor has no relationship of employer employee either direct or indirect. 8. Shall provide uniform for kitchen and Restaurant staff as per our specification. 9. Shall personally be liable for the quality and purity of ingredients used for the preparation of  Food and  in case any adulteration or defective materials used in the preparation of the said food, the Franchisee is personally be liable for  civil and criminal action under the act prevailing in the state. 10. (a) The Franchisee shall bear all the travelling and transit stay expenses of staff deputed for overseas assignment. (b) The Franchisee shall reimburse the overseas travelling Expenses, Hotel stay and other travel related expenses of Franchisor and his Authorised representatives as and when called upon to visit the outlet. (c)The Franchisee shall be responsible for work visit visas for the     staff to be deputed 11. The Franchisee shall be responsible for operational expenses for running the business, staffing etc. 12. Shall keep adequate staff as required for running the business and will bear all the expenses towards wages and remuneration, uniforms, Boarding and lodging, medical expenses etc. 13. Shall be responsible for collection and timely deposit of applicable government taxes. 14. Shall maintain books of Accounts as per the requirements of the Government bodies. 15. All the legal formalities and Government clearances for opening of the restaurant shall be exclusive responsibility of the Franchisee. 3. COMPENSATION TO FRANCHISOR 1. Rs. 25 Lakh towards reimbursement of staff training expenses to be payable at the time of signing of the Franchise Agreement. 2. 15% Commission on total net sales inclusive of outdoor catering, counter packing, Home delivery etc. payable monthly. 5. GENERAL 1. The duration of agreement is initially for a period of 5 years renewable for further period on mutually agreed terms. 2. The name of the restaurant 'Sagar' or 'Sagar Ratna' is exclusive property of the Franchisor, and the Franchisee has no lien on it. On expiry of/termination of the Franchise agreement the Franchisee can not use the name 'Sagar' or any other name identical to it and also restricted to continue the similar business for a further period of 7 years. 3. The Franchis or his associates is restricted to open on his own any other similar outlets in the same city or other cities in any part of the country. 4. The Franchisor is not obliged/bound to give any more Franchise outlets to Franchisee within the same city or outside. However the preference will be given to the Franchisee whenever the next outlet is opened in the same city. 5. The menu rates are decided by the Franchisor in consultation with the Franchisee and Franchisee can not increase or decrease the menu rates on his own. 6. The Franchisor shall be at liberty to check books of Accounts maintained by the Franchisee, and it is obligatory on part of the Franchisee to provide books of Accounts as and when demanded by the Franchisor or his authorised representative. 7. The Franchisor or his authorised representative is at liberty to check the quality of ingredients, raw materials procured by the Franchisee and may point out the deficiency found if any to the Franchisee for corrective measures. 8. The Franchisee on his own can not represent the Franchisor in the manner whatsoever with any Government Bodies, Public Institutions, Corporations for the business promotion etc. 9. Any amendment to Franchise Agreement have to be by the written consent of the both the parties. 10. Any disputes/or different arising between the parties in respect of Franchise agreement the same be settled by arbitration in accordance with the provisions of the Indian arbitration Act 1940 as amended time to time. 11. Franchisor is at liberty to terminate the Franchise agreement if he finds any violations of the clauses by the Franchisee by issuing a month's termination notice.