Franchise Opportunities

Gitanjali Gems Ltd.

Category: Jewellery
Area Req: Min 500 Sq.ft
No. of Franchise Outlets : 21
Investment: Rs. 50lac - Rs. 1 Cr.

 

Business Details

D'damas is a mega - jewellery brand that is reaching out to jewellery lovers in India. With an extensive and highly intensive branding exercise built upon by an impressive & aggressive advertising campaign and the wholehearted support of a pro-active media, D'Damas is today a house-hold name. D'Damas Gold jewellery brand “collection G” is endorsed by none other than the World Gold Council. D'Damas is a joint venture between Gitanjali Gems and the Dubai-based Damas Group. D'damas is a brand that combines international quality with Indian values.

D'damas' vast variety of brand allows every customer a choice of jewellery to reflect her personality, tastes and to suit every occasion. It has gold and diamond studded jewellery matching various lifestyle, occasion and price points that cater to diversified customers. D'damas is committed to the highest levels of customer satisfaction, and every piece of jewellery comes with a special certificate of authenticity assuring of both the diamond and gold content of the piece. D'damas jewellery is accompanied with an IGI certificate & Hallmarking, a world renowned, further certifies the diamonds, which is headquartered in Antwerp.

This popular jewellery franchise brand today enjoys a presence in over 159 towns and cities across the country. D’damas’ 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 : 1966
Date Commenced Frachising / Distribution : 2003
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? : Yes
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 to 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 Footfall Area
Floor area requirement : Min 500 Sq.ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : High Footfall Area/shopping hubs / gold market

Gitanjali Gems Ltd. Training Details

Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? :
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? :

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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