Franchise Opportunities

Gitanjali Gems Ltd.

Category: Jewellery
Area Req: Minimum 500 Sq Ft
No. of Franchise Outlets : 02
Investment: Rs. 50lac - Rs. 1 Cr.

 

Business Details

Asmi is diamond jewellery line for the new age Indian woman, celebrating her new found economic & social independence. For her, self indulgence & self rewards are needs that co-exist with her family, social or professional responsibilities. The Asmi diamond collection is a unique symbol of a women’s drive and attitude to work and life. It is an external reflection of the fire within her.

Asmi was launched as a brand to fulfil every woman's innate need for self-expression, and lauding the Indian woman's “inner fire”. Asmi was launched in 2002 by the Diamond Trading Company (DTC), which was subsequently taken over by the Gitanjali group. The brand aims to fulfill every woman's innate need for self expression while lauding her inner fire. Asmi caters to the woman of substance & satisfies her need for reward & recognition, evolving continuously to suit her style & personality. Asmi Jewellery has a contemporary delicate and feminine look that is distinctly evocative of strength & grace. In brief Asmi is for the woman of spirit.

Brand Mission: To empower the women and applaud her for various achievements in her lifetime.

Brand Strategy: To promote the attitude of self-reward and maximize occasions of self purchase.

Brand Values: Authenticity, Affordability, Accessibility.

This popular jewellery franchise brand today enjoys a presence in different towns and cities across the country. Asmi is looking for more expansion through franchising in near future. We are looking for likeminded entrepreneurs who can join our franchise network and help us grow and enjoy a successful career for them.

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Gitanjali Gems Ltd. Investment Details

Date Commenced Operations : 1956
Date Commenced Frachising / Distribution : 2006
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 50lac - Rs. 1 Cr.
What areas are available for Unit franchise? : Nationwide
Where are you looking for expansion?
North New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal
West Gujarat, Rajasthan, Maharashtra, Goa
East Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim
South Kerala, Karnataka, Orissa, Tamil Nadu
Center Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories Andaman & Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Is there exclusive territorial rightsgiven to a unit franchise? : Within 3 km radius company will not open another f
Are any performance guarantees given to unit franchisees? : No
What is the anticipated percentage return on investment? : 25% to 27 % PA
What is the likely pay back period of capital for a unit franchise? : 3-4 years
Are there other investment requirements? : 0

Gitanjali Gems Ltd. Property Details

What type of property is required for this franchise opportunity? : Mall Space, High street or gold market street
Floor area requirement : Minimum 500 Sq Ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : High Footfall Area / shopping hub / gold market

Gitanjali Gems Ltd. Training Details

Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? : On site / off site
Is field assistance available for franchisees? : No
Will someone from Head Office assist me when I open my franchise? : Yes
What IT systems do you presently have that will be included in the franchise? : Company will setup P

Gitanjali Gems Ltd. Other Details

Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : 3 -5
Is the term renewable? : Yes

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