Institute of Bar Operations & Management are looking for individuals and businesses that have a proven track record in business, preferably within or connected to the hospitality industry. Institute of Bar Operations & Management requires experienced business builders, who possess an entrepreneurial flair and a real passion for hospitality and service.
An Institute of Bar Operations & Management Approved Course Provider will be a connected, knowledgeable, highly ambitious, confident, people person who knows how to build a business. Typical candidates will be Entrepreneurs, Hospitality Colleges/Universities, Wholesalers/Distributors, Experienced Franchisees, Bar and Restaurant Operators, Bartending Schools, Brand Managers, Marketing Agencies or Media businesses.
Institute of Bar Operations & Management provides individuals and businesses with world class training programs and an internationally recognised brand within the hospitality industry.
Becoming a Institute of Bar Operations & Management Approved Course Provider (ACP) offers;
Area | 3000- 4000 sq.ft |
Total Investment | 22-28 lakhs ($34,375- $43,750) |
Brand penetration | Focused marketing efforts needs to channeled |
Choice of location | High street or close proximity to population of the city. Preferably close to public transport. |
Franchise fees | 10 lakhs ($15,625) |
Royalty | 12% royalty is recommended keeping the industry standards in mind |
Marketing fund | We recommend a total of 4% marketing fund contribution, wherein 2% would be contributed towards local marketing and rest 2% contributed for the National Marketing & Brand development of IBOM |
Marketing collaterals | To be provided by the franchisor on cost basis |
Term of business relationship (years) | 5 years |