Category
  • Advertisement & Media
  • Automotive
  • Beauty & Health
  • Business Services
  • Dealers & Distributors
  • Education
  • Entertainment
  • Fashion
  • Food And Beverage
  • Home Based Business
  • Hotels And Resorts
  • Manufacturing
  • Retail
Price Range
  • Rs. 10 K - 50 K
  • Rs. 50 K - 2lac
  • Rs. 2lac - 5lac
  • Rs. 5lac - 10lac
  • Rs. 10lac - 20lac
  • Rs. 20lac - 30lac
  • Rs. 30lac - 50lac
  • Rs. 50lac - 1 Cr.
  • Rs. 1 Cr. - 2 Cr
  • Rs. 2 Cr. - 5 Cr
  • Rs. 5 Cr. Above
Location
  • Andhra Pradesh
  • Arunachal Pradesh
  • Assam
  • Bihar
  • Chandigarh
  • Chhattisgarh
  • Daman & Diu
  • Goa
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • Jammu & Kashmir
  • Jharkhand
  • Karnataka
  • Kerala
  • Lakshadweep
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • New Delhi
  • Orissa
  • Pondicherry
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Tripura
  • Uttaranchal
  • Uttar Pradesh
  • West Bengal
  • Telangana
Philips

Philips

Category: Consumer Electronics
No. of Franchise Outlets: 130
Area Req: 500 sq ft-800 sq ft
Investment: Rs. 30lac - Rs. 50lac
Business Details

Pioneer in Home Lighting in India Inviting Partners

PHILIPS - Since 1891

Tab of below mentioned points :

  • 120+ years of Glorious existence
  • Already running 130 + Light Lounges
  •  Promoted by Celebrity -  Ranbir Kapoor /Shruti Hassan

PHILIPS LIGHT LOUNGE INPUT:

  • Delivers an engaging Retail experience that inspires the Shopper
  • Demonstrates the transforming power of light for people’s Homes and Lives – making light relevant to their lives
  • Allows people to choose based on desired mood and effect, not just fitting and price
  • 5% Stock correction for MSF
  • Consignment on outright Model
  • 70% of cost of Interiors
  • 100% of cost & installation of signage
  • Design & Project Management

Industry HighlightIndia Lighting Business was estimated to be over Rs. 100,000 million in 2014 and Philips retains its market Leadership with around 30% market share.

Desired Profile - Primarily from a business background of Electrical/ Lighting/ Home Furnishing/ Home Décor/Electronics & Appliances/ Bath Fittings and having substantial exposure in Projects.

Partner invited forSingle Store or Multi Store Franchisee

Investment criterion:

  • 3 months of Inventory
  • Initial investment on Infrastructure (Light Lounge)
  • Area – 700 sq ft- 1000 sq ft
Insta Apply
Name *
:
Email *
:
Mobile *
:
State *
:
City *
:
Address *
:
 Subscribe for Daily Updates

Philips Investment Details

Commenced Dates
Date Commenced Operations
1950
Date Commenced Frachising / Distribution
2015
Franchise Details
Units
Area
Investment
Franchise/Brand Fee
Royalty/Commission
Store Wise
Rs. 30lac - 50lac
Expansion Locations
North
 
South
 
East
 
West
 
Center
 
Union Territories
 
Franchise Details (Optional)
Want to expand
Nationwide
Exclusive territorial rights to a unit
Yes
Performance guarantee to unit franchisee
No
Anticipated percentage return on investment
24 %
Likely pay back period of capital for a unit franchise
3 years - 3.5 years
Other investment requirements
No

Philips Property Details

Type of property required for this franchise opportunity
Lightmarkets/Highstreets
Floor area requirement
500 sq ft-800 sq ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet
Mumbai/Delhi

Philips Training Details

Detailed operating manuals for franchisees
Yes
Where is franchisee training provided?
No
Is field assistance available for franchisee?
Yes
Will someone from Head Office provides assistance to franchisee in opening the franchise?
Yes
What IT systems do you presently have that will be included in the franchise?
Yes

Philips Agreement & Term Details

Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
5 years
Is the term renewable?
Yes
Nov, 23 2016

Elior Group joins hands with MegaBite...

The new subsidiary, Elior India, will serve 135,000 meals per day with over 3,500 employees.

Curtain Raiser for Franchise India 2016...

Nestle appoints Schneider as its new CEO...

How this Mumbai based startup is...

Intrigued by the concept of waffles on the go while working in Philippines, Shrey decided to take it as a business opportunity to start

Franchising is a good idea to expand...

We have all the competencies to become...

Philips
  • Investor
  • Franchisor
  • rememberMe
  • Investor
  • Franchisor
Why should I register?

To get access to over 10000+ Franchise Business Opportunities.

Network with the growing Business Community to get expert interventions to let you learn to Grow & Expand your Business with Franchising.

Newsletter Signup
Submit your email address to receive the latest updates on news & host of opportunities.
Franchise India Holdings Ltd

Copyright © 2009 - 2016 Franchise India Holdings Ltd.

The information contained herein is of generic nature only, and Franchise India is not, by means of this website or any part thereof, rendering professional advice or services. Before making any decision or taking any action that might affect your finances or business, you should consult a qualified professional advisor. Your use of this website or any of its pages or links given, is at your own risk and you assume full responsibility and risk of loss resulting from your usage. With respect to use of the website, kindly visit www.franchiseindia.com/terms.

X

Tell us what you think!