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Four Fountains SPA Plans 300 Centres
Business Standard:
Eyeing the fast growing spa treatment culture in India, Pune-based CMYK Health Boutique has drawn a plan to set up 300 spa treatment centres across the country.
Branded as Four Fountains Spa, the centres would come up in cities like Bangalore, Mumbai, Chennai, Hyderabad, Ahmedabad, Pune and other tier-two and tier-three locations.
CMYK Health Boutique recently launched two spa treatment centres in Pune that offer a variety of massage, body treatment and other facilities.
Speaking to Business Standard, Four Fountains Spa director Sunil Rao said, "We have planned major investment for our spa centres that are coming up mostly in the western and southern region of the country. Our centres are attracting customers due to the spa treatment pricing, which is way below than the spa centres attached to star category hotels."
The company plans to invest approximately Rs 50 lakh per centre. "Initially, we will set up 15 to 20 self-owned centres followed by a franchisee model. We have already standardised all our treatments that would be offerred across all the centres," Rao added.
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