About DD Cinemas franchise opportunities:
Company Background:
- Founding and History: Established in 2015 by Pavan Agarwal.
- Mission: Provide affordable movie theatres with the latest amenities in Tier 2 and 3 cities and towns across India.
- Objective: Offer a multiplex experience in smaller cities at pocket-friendly prices.
Market Insights:
Industry Size: The global movie theatre market was valued at US$ 68 billion in 2021.
- Growth Projection: Anticipated revenue increase by 4.7%, reaching approximately US$ 98.19 billion from 2022 to 2029.
- Drivers for Growth: High-quality movies, 3D screens, and technological advancements in visual effects.
Franchise Model:
FOCO Model: Franchisee owns the theater, while the company manages it.
- Revenue Sharing: Franchisees receive a percentage of turnover.
- Expansion Plans: Company aims to open more theaters under this model.
Financials:
Investment: ₹1.5 Crore (Including Franchise Fee).
- Payback Period: 3-5 years.
- Franchisee Fee: One-time payment to acquire franchise rights.
Royalties:
Royalties: 8% of monthly net collection for ongoing support, marketing, brand development, and resources.
Space and Term:
Space Requirement: 3000 - 15000 Sq Ft.
- Franchise Term: Not specified.
Franchisee Eligibility:
Criteria: Requires investment potential, access to suitable commercial properties, dedicated and passionate professionals, customer-oriented approach, and team management skills.
Roles and Responsibilities:
Brand Usage: Proper utilization of the brand's name and logo.
- Customized Solutions: Offer services tailored to client specifications.
- Training: Mandatory management-level training pre and post-launch.
Brand Protection:
Trademark and Copyright Protection: Measures to safeguard the brand's intellectual property.
- Franchise Agreement: Legal framework defining roles and responsibilities.
- Compliance: Franchisees must adhere to brand guidelines and IP rights outlined in the agreement
Profitable Sectors:
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Streaming services, including Netflix, Amazon Prime Video, and Disney+, have transformed entertainment consumption.
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These streaming services are projected to generate $137 billion in global revenue by 2025.
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Mobile gaming, featuring popular games like Fortnite, Candy Crush, and Pokemon GO, is set to surpass $196.8 billion in revenue by 2025.
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Live events and concerts, known for their shared experiences and large crowds, continue to attract millions of viewers.
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E-sports, characterized by massive prize pools and a global fan base, is expected to exceed $1.87 billion in revenue by 2025.
- This growth is estimated at a Compound Annual Growth Rate (CAGR) of 9.7%.
If you want to start an entertainment business. FranchiseBazar can help you start a business. For further information, please contact us.
Industry | Segment | Investment | Franchise Fee | Space | Expected No of Hours / month | Expansion Location/s |
---|---|---|---|---|---|---|
Entertainment & Leisure | Movie Multiplex Screening | Rs. 1crore-2crore | Rs. 15Lakhs - 20Lakhs | Greater than 5000 | 10 - 20hrs | 3 places |
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