📋 About the Brand
**About Your Brand**
Locomo is a modern hospitality brand offering premium hostels, hotels, and co-living accommodations designed for travelers, students, professionals, and digital nomads. The brand combines comfortable stays, contemporary amenities, vibrant community spaces, and technology-driven services to deliver a unique guest experience. With a focus on affordability, quality, and exceptional customer service, Locomo aims to redefine modern hospitality while expanding its presence through strategic partnerships and franchise opportunities.
🏢 Business Information
Company NameLocomo Leisure Private Limited
CEO / FounderCEO / Owner Name *
DesignationCEO / Founder
Established Year2018
Franchising Since2019
SectorVocational Training
Total Investment10 Lakh - 20 Lakh
Required Area100 - 500 Sq. Ft.
📄 Franchise Agreement
Agreement Duration5 Years
Renewal Optionyes
Renewal FeeNo Renewal Fee
Lock-in Period3 Years
Termination Notice90 Days
Resale Rightsyes
Non-Competeyes
Exclusivity Clauseyes
Dispute ResolutionArbitration
Agreement Registeredyes
Notes**Brief Description of Key Agreement Clauses**
The franchise agreement outlines the rights and responsibilities of both Locomo and its franchise partners. It includes provisions related to brand usage, operational standards, training, marketing support, quality assurance, and business operations. Franchise partners are required to follow the company's operating procedures and hospitality standards to maintain consistent guest experiences and brand reputation. The agreement also covers franchise fees, confidentiality, intellectual property rights, renewal terms, termination conditions, dispute resolution, and compliance with applicable laws and regulations.
