About Irfy’s (NIS Group)
Irfy’s is cafe for entrepreneurs. We understand that establishing a startup needs more than just an idea, and during the initial stage, even co-working spaces can be out of budget. An idea can become a reality only when it can be brainstormed in a professional environment and we offer entrepreneurs with a place to sit, talk & discuss.
Startups can use our space and there are no monthly rental fees, security deposit, and time limits. We provide our users with high-speed WiFi internet, and machines for printing, scanning, and copying. We also regularly host community events, conferences, and workshops at our cafe.
We have tied up with Bihar Entrepreneurs Association (BEA) to provide mentorship to aspiring entrepreneurs. We have also associated with venture capitalists and incubators to help new startups succeed.
We currently have an outlet in Patna and we are in the process of opening another cafe.
We are looking for franchise partners to expand across Bihar and Jharkhand. The franchise partners should fulfill the space requirements for the cafe, preferably have an existing developer network, and manage the community events and workshops. A royalty margin of 10% will be applicable and there will be no royalty fee for the first 6 months.
Format: Irfy’s – Cafe for Entrepreneurs
Investment: INR 10 – 15 lakh
Brand Fee: INR 3 lakh
Space: 1,500 – 2,500 Sq Ft
Exp. Monthly Sales: INR 6 lakh
Profit Margin: 40%
Royalty: No royalty fee charged for the first 6 months. Post 6 months, we charge a 10% Royalty fee.