Our Mission
At Vinoot Herbal, our aim is to transform the hair care industry by utilizing the oldest knowledge of Ayurveda. Our mission is to use the power of natural herbal components to effectively treat dandruff, hair loss, and hair regrowth. By offering franchise business opportunities, we hope to enable company owners to work with us to share the gift of Ayurveda with the world, making sure that our cutting-edge treatments are available to everyone. Our commitment to providing top-notch products and therapies that not only solve hair care issues but also increase general well-being comes from the combination of ancient knowledge with present production processes. By working together, we hope to establish a network of natural health and renewal where people can benefit from the life-changing effects of Ayurvedic hair care.
Our Vision
Our vision at Vinoot Herbal is to become a global leader in Ayurvedic hair care, setting new standards of excellence and innovation in addressing hair fall, dandruff, and hair regrowth concerns. Through our franchise business opportunity, we aim to create a vast network of dedicated partners who share our passion for holistic wellness and natural healing. By leveraging the ancient wisdom of Ayurveda and modern scientific advancements, we envision offering comprehensive solutions that not only restore hair health but also enhance overall vitality and confidence. Our goal is to empower individuals worldwide to embrace the benefits of Ayurvedic hair care, fostering a culture of self-care and well-being that transcends geographical boundaries. Together, we envision a future where every individual can enjoy healthy, beautiful hair through the transformative power of Vinoot Herbal’s Ayurvedic therapies.
Franchise Details
This Franchise Agreement Details (MOU)
M/S Vinoot Herbal Specialities, represented by Channabasappa Basavanneppa. Ullagaddi. MD & CEO: Inventor Vinoot herbal products, Manufacturer & consultant. off:Belaku #54,11th Main ‘A’ Virupakshapura. Kodigehalli ,Near Maramma Temple, Bangalore-560097.
As the company or meaning thereof Be deemed to mean and Include their Heirs, executors & assignors as Party(A).
And, M/s,,,,,,,as party (B).which term shall mean and include himself, his heirs, his legal representatives, administrators, executors, assigns, etc of the part B.
Whereas Company as a result of expenditure time/Money spent on research, company has developed the following therapy’s invented as concept selling to Franchises holders.
- 1.Hair Regrowth therapy for 21 days
- 2. Dandruff & Hair Fall Control for 10 days
- 3. Hair Maintenance therapy single sitting treatment
- 4. General Hair Maintenance therapy(24 sitting/ yearly)
Franchise approached the party A with request letter in turn agreed to grant Franchise to Party B. The second party is having interest in providing service of hair growth to the public and to make business. The first party has agreed to give franchise to the Second party for sale of a few herbal products and execution of hair growth therapy to the general public. Second party also agreed to take the Franchise from the first party. Hence the first and second party have agreed to enter into Franchise agreement through this MOU under the following.
Terms & Conditions ( Individual Franchise )
1). Franchise/party B profit sharing with the company party A will be on the basis of kit price Ratios, that will be company 40% and Franchise will be 60% (around 5% extra for value additions on prier permission from company)and details will be explained at the time of training.
- Regrowth Treatment package (21 days) Rs 21000 +Tax
- Dandruff and Hair Fall Control 10 days Treatment Rs 12000 + Tax
- Hair Maintenance Single Sitting Rs 1200 + Tax
- Yearly Maintenance, 2 sitting per/Month Rs 28000 + Tax
Party A reserves the right to change the Ratio/ pricing for their Products/ kits, training/company fees as and when required from time to time for the growth of business and in accordance with raw material and manufacturing cost.
Please note: There is no change in price of products for one year and there is no change in company royalty charge for two years. w e f from the date of signing the franchise agreement.
2). Other products can also be purchased by Franchise from party A on permission on marginal discounted price fixed by party A . All confirmed orders are to be paid in advance at least one week before.(kit cost plus packing & freight charges). However, a minimum order of 5-10 kits of 21 days with a reasonable quantity of counter sale products is mandatory on startups. The products and kit materials given to Franchise will not be exchanged or refunded.
3). After signing the agreement or taking training certificate, Party B not able to do any financial transactions for 90 days from the date of signing agreement or Taking training certificate. Franchise will lose eligibility of doing business in the area allotted to him by the party A. However within 3 months’ time, he may choose a new location in his allotted surrounding area, where no Franchise has aroused. In this matter party ‘s decision is final and binding to party B .(In such cases also franchise fees and training fees will not be refunded).
4). The Period of agreement of second party ( B) will be 5 years, and will be yearly auto renewal basis.
5). Company/Party A Can Inspect the Premises Of Franchise Party(B) at any time, at this time Franchise has to show the ongoing/completed treatments ledger to party A. or any appointed representative.
6). Party B should not indulge in selling of therapy products/adulteration with party A/company products, bringing bad image to company in any manner, which may lead to termination of contract with penalty/damage charges.
7). Franchise/ Party (B) has to appoint one Ayurveda doctor in his premise is mandatory. Franchise (Party B) should strictly follow the following instructions :
8). Each hair regrowth 21 days kit assignments made with each patient, should cover, patient name, address, phone number, case history data, along with treatment fees fixed should be entered in the prescribed model consent form given by company/ party A. which should be duly signed by the customer along with place and date. And the same photo copy should be sent to the company after signing of the assignment and this is Mandatory.
9). Any dispute arising with the customer/patient should be resolved amicably and any financial damages arising should be borne by the Party B only. However such matters should be brought to the notice of the company immediately. All concerned tax matters should be handled by Party B, company is not responsible in this matter. party B is fully responsible for any damage in their Centre, or any business loss.
10). Company Party (A )will give Practical training with certificate to the franchise party B by charging the fees of RS 10,000/(Ten thousand) only. Franchise, Party B Should not reveal the Company secrets/ therapy Secrets to others. Franchise is not eligible to run any branch/unit in other places, other than his designated place.
11). Franchise fees Consideration The total fees for granting of Franchise to party B, for the above mentioned address of particular area will be RS, 50,000/-(Fifty Thousand) Plus Training fees Rs 10,000(Ten thousand) will be in total RS 60,000/ should be paid to party A, a day before or on the day of training. cheque/ DD in favor of Vinoot herbal specialities.
payable at current A/c No-6595009013 , Indian Bank virupakshipuram Branch Bangalore -560097. IFSC code:IDIB000K229.
Franchise/Party(B) Shall Pay this amount of RS 60,000/(Sixty thousand) in advance or on date of execution of this agreement and the same shall not be refundable, and will not be transferable/ exchangeable to any company or any person.
12). company will issue one certificate to each Franchise/ party B. But two members can attend the training.
13). Area of Operation/ Territory. The Territory Designated to the Franchises is at, Area wise not exceeding the population of one lac in metro cities, Surrounding areas can be covered till Another Franchise arises. However, the number Of Franchise created in any city or area is a Subject matter Of Company/Party A.
14). Any dispute arising between party A and B, one month’s notice should be given by either party, The Party B will immediately Cease to use the company materials, In any manner whatsoever the name and reference of the Company and any Trademark In Which the Company(party A) has any rights.
15). In the event of forced closure of the Company on grounds of war Government Regulations, National Emergency, Party B has no rights for Claim of any material/financial Loss from party A.
16). Legal jurisdiction place is Bangalore should be binding to party A / Party B and all parties concerned.
This agreement supersedes any Prior agreements or understanding between Parties, whether written/oral agreements prior to this date between A&B.
Both A and B Parties have read this agreement thoroughly and agreed to sign on this agreement (MOU) on this day.