Beyond just business, a MakeMyTrip franchise is about connecting people to new destinations and memorable experiences. With the travel industry on a rise, partnering with MakeMyTrip ensures that you’re not navigating the journey alone!
From curating dream vacations to simplifying business travel, a MakeMyTrip franchise allows you to offer a wide range of services.
Let’s delve into how you can become a part of India’s thriving travel industry by jumping in the boat of MMT.
About MakeMyTrip
Founded in 2000 by Deep Kalra, Keyur Joshi, and Sachin Bhatia, with Rajesh Magow joining later, MakeMyTrip has grown into India’s leading online travel platform. Headquartered in Gurgaon, Haryana, the company revolutionized the way Indians plan and book their travel, offering everything from flights to hotels to holiday packages to train tickets and much more. MakeMyTrip continues to make journeys seamless and memorable for millions through its user-friendly platform and exclusive deals.
Services Offered by MakeMyTrip
MakeMyTrip offers a one-stop solution for all travel needs. From curated holiday packages, flights, hotels, and corporate bookings to homestays and villas.
Travelers can also book trains, cabs, buses, and even cruises with ease.
MakeMyTrip provides travel insurance, forex cards, and currency exchange services.
MakeMyTrip Offices
MakeMyTrip operates retail offices in over 20 major cities across India, along with a growing network of franchise locations throughout the nation.
MMT also boasts of international offices in New York and San Francisco.
Reasons to Choose a MakeMyTrip Franchise
- Builds a strong travel community.
- Ensures business growth.
- Offers attractive commission structure.
- Offers best in class tech support.
- Branding assistance is provided.
- Marketing assistance is provided.
- Regular training is provided.
- Access to market insights is provided.
- A dedicated Relationship Manager is provided.
- Dashboard for monitoring business
- Backed by a team of extremely experienced travel professionals.
Franchisees Gain Access to Offerings
- International and domestic holiday packages
- Domestic and international flight tickets
- Exclusive MakeMyTrip charter products
- Group travel arrangements
- Travel insurance and more
- Domestic and international hotel bookings
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MakeMyTrip Franchise Cost & ROI
While the investments depend greatly upon the location etc, here’s an estimate of the costing of a MakeMyTrip franchise-
Requirements vary for a MakeMyTrip franchise based on the geographical setting, they are as followed-
- TIER-1
The franchise fee is set at INR 10 L (Non-Refundable) alongside a space requirement of 400 to 600 sq. ft. The projected fitment cost is INR 4 L.
The minimum expected revenue/month for the first year is INR 1.5 L, whereas the minimum expected revenue/month for the second year is INR 1.8 L and the minimum expected revenue/month for the third year is INR 2.25 L.
- TIER-2
The franchise fee is set at INR 7.5 L (Non-Refundable) alongside a space requirement of 400 to 600 sq. ft. The projected fitment cost is INR 3 L.
The minimum expected revenue/month for the first year is INR 1 L, whereas the minimum expected revenue/month for the second year is INR 1.25 L and the minimum expected revenue/month for the third year is INR 1.5 L.
- TIER-3
The franchise fee is set at INR 5 L (Non-Refundable) alongside a space requirement of 400 to 600 sq. ft. The projected fitment cost is INR 1.5 L.
The minimum expected revenue/month for the first year is INR 80,000, whereas the minimum expected revenue/month for the second year is INR 1 L and the minimum expected revenue/month for the third year is INR 1.25 L.
- Small Town
The franchise fee is set at INR 3 L (Non-Refundable) alongside a space requirement of 250 to 400 sq. ft. The projected fitment cost is INR 1 L.
The minimum expected revenue/month for the first year is INR 60,000, whereas the minimum expected revenue/month for the second year is INR 80,000 and the minimum expected revenue/month for the third year is INR 1 L.
The term of agreement is of 3 years while the renewal occurs every five years from the onboarding date, based on the terms outlined in the agreement and business policy.
- Other Requirements
The store should ideally be located on a high street with main road visibility and space for a prominent glow sign board. The interior must align with brand guidelines, with setup costs covered by the franchisee. A reliable power backup is also required.
Each franchise is assigned sales targets to ensure consistent growth, measured through metrics like customer retention, average transaction value, and overall profitability.
Steps to Apply for a MakeMyTrip Franchise
STEP 1: The applicant must fill out and submit the franchise application form present on the official website of MakeMyTrip (www.makemytrip.com ).
STEP 2: A Business Manager will reach out to discuss the franchise opportunity in detail.
STEP 3: The applicant can discuss any queries, requirements, and business expectations during the consultation.
STEP 4: Upon finalizing the details, the applicant must pay the region-specific onboarding fee to proceed.
STEP 5: Initial training will commence.
STEP 6: Inaugurate your very own MakeMyTrip franchise!
Eligibility Criterion of a MakeMyTrip Franchise
- Strong leadership skills to manage a team and ensure customer satisfaction.
- Proven success in sales/marketing/service roles.
- Willingness to learn alongside effective execution.
- Good working knowledge of English with a solid educational background.
- Extensive local area knowledge, networking abilities, and connections with businesses, influential individuals, and social organizations to drive sales.
- Clean record with no criminal or behavioral issues.
- Ideally, loves to travel.
- Passion for the travel industry.
- Proven track record in business.
- Management skills
- Ability to adapt to the evolving travel industry landscape.
- Preference given to owners of licensed travel agencies.
- Non-travel professionals can apply if willing to acquire a travel license or invest in a registered agency.
- Good financial resources to support business growth.
Support Offered by MakeMyTrip Team
- Comprehensive training and development support.
- Standardized store design plan for furniture, fixtures, equipment, and signage, provided by the partner.
- Sales and marketing support to boost consumer traffic.
- Advanced back-office systems for reservations, inventory, and accounting.
- Ongoing technical support
- Regular field communications and management support visits.
- Local sales support
- Participation in regional and annual franchise meetings.
- Continuous operating and marketing support.
Expectations from the Franchisee
- Actively promote the outlet in the local community through sales and marketing efforts.
- Drive business growth by working towards and surpassing sales targets.
- Ensure smooth execution of marketing campaigns.
- Build strong customer relationships to encourage loyalty and repeat visits.
- Lead and manage a well-trained staff.
- Maintain high standards of quality and cleanliness at the outlet.
- Ensure timely reporting and adherence to business guidelines.
- Be an enthusiastic and collaborative team player.
Afterword
From booking dream vacations to helping with everyday travel needs, a MakeMyTrip franchise gives you the tools to grow while making travel easier for your community. With dedication and support from the MakeMyTrip team, you can turn your passion for travel into a rewarding business venture!