RELIABLE PARTNER FOR FOOD

Home Franchise Requirements

The following provides a board guideline to the key steps of
the Franchise Application Process (FAP)

Fill out the Chikeys Online Franchise Application Form

Submit your complete details in the online application form together with the required attachments.

Required attachments for the application form
  • Applicant Photo (jpg, png, gif with Maximum size 2 MB)
  • Personal Profile (doc, docx, pdf, jpg, png, gif with Maximum size 2 MB)

Chikeys Survey Forms

Upon satisfactory review of the application form a link to the forms below will be provided via email.

  • Chikeys Market Survey
  • Chikeys Site Survey
Complete the details requested in the survey form

Chikeys Franchise Package by Franchisor

Once the completed application and survey forms have been received and approved, the Chikeys Franchise Package will be sent to the applicant. The package contains the following information:

  • Franchise Territory
  • Franchise fee
  • Franchise Duration
  • Royalty Fee
  • Franchise Investment
  • Marketing Fee
  • Estimated Investment breakdown

Chikeys HQ Visit

A formal invitation will be extended to the prospective Franchisee to visit Chikeys headquarters in Kannur, Kerala, India or Riyadh, Saudi Arabia or Doha, Qatar Prospective Franchisee will be interviewed Prospective Franchisee shall be required to sign an NDA (Non-Disclosure Agreement) or LOI (Letter of Intent) during the visit.

Complete the details requested in the survey form

Document Submission

Upon satisfactory review of the application form a link to the forms below will be provided via email.

  • Most recent 1-year Income tax statement
  • Most recent 6 months Personal bank statement
  • Most recent 3 years company audited accounts (if relevant)
  • Personal current financial liability declaration
  • Most recent 1-year company bank statement (if relevant)
Note: Please ensure that all the requested documents are available during this visit as the application process will not proceed to next stage without it. All the documents will be reviewed in front of applicant. Should the application be rejected, all provided documents will be returned to applicant.

Franchisor visit to proposed Franchisee Location

Key personnel from Chikeys HQ will visit the proposed Franchisee location. Key considerations during this visit will be market environment (feasibility study), staffing solutions, raw material sourcing and proposed outlet specifications.

Approval of Franchise Application/Location

A formal Franchise approval letter will be provided to the prospective franchisee

Memorandum of Understanding

The Memorandum of Understanding shall be signed by both Franchisor and Franchisee as a first step towards the signing of the Franchisee Agreement. The main activities include:

  • MOU 30 days prior to the signing of the Franchise Agreement.
  • 50% payment of the non-refundable Franchise Fee to be paid upon signing of MOU.
Franchisor shall furnish the prospective Franchisee with:
  • List and cost of equipment and machinery required for the Franchisee outlet.
  • Draft Franchise Agreement.

Franchise Agreement

The Memorandum of Understanding shall be signed by both Franchisor and Franchisee as a first step towards the signing of the Franchisee Agreement. The main activities include:

The Franchise Agreement is to be signed within the timeline indicated in the MOU. The signing of the agreement will be at the Chikeys Headquarters in India/Saudi Arabia/Qatar
  • Franchise Fee – To be fully paid with the signing of Agreement.

Pre-Conditions for Franchisee Qualification

Key personnel from Chikeys HQ will visit the proposed Franchisee location. Key considerations during this visit will be market environment, staffing solutions, raw material sourcing and proposed outlet specifications.

An Owner / franchisee of an existing business that sells similar products will not be entertained.

At least one stakeholder is required to be an active participant in the business activities of the franchise

Property Requirements

  • Food Court – Min. 400 Sq. Ft to 600 Sq. Ft
  • Standalone – Min. 1000 Sq. Ft to 2000 Sq. Ft

Financial Requirements

Description Food Court 400 - 600 sq.ft. $Full Dine In 1,000 - 2,000 sq.ft $
Franchise Fee 10,000 10,000
Legal and Administrative 1000 1000
Leasehold Improvements / Renovation / Design Fee 1000 1000
Civil Construction Fixture & Fitting 10,000 - 20,000 20,000 - 30,000
Signage 1,000 - 3,000 2,000 - 3,000
Furniture N/A 20,000 - 20,000
All Equipment 30,000 - 40,000 30,000 - 40,000
Grand Opening Allocation 2,000 - 5,0002,000 - 10,000
Initial Stock 5,000 - 10,000 5,000 - 10,000
Total60,000 - 90,00080,000 - 1,25000

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