Franchise Opportunities

Gitanjali Gems Ltd.

Category: Jewellery
Area Req: Minimum 600 Sq.ft carpet area
No. of Franchise Outlets : 17
Investment:

 

Business Details

Gili Jewellery , a part of the Gitanjali Group and an 18-carat diamond studded brand. Gili is the first branded jewellery of India was launched in 1994, when jewellery was treated as a possession and a rare commodity. Gili broke this concept and it shifted the paradigm "from occasional need...to a need for every occasion". The brand was thus a pioneer in bringing real diamond jewellery closer to consumers and making it easier to buy.

Gili took everyone by surprise with its unique, inimitable and never seen before products. It’s marvelous designs featuring a blend of Indian and western nuances had made Gili Jewellery a stupendous sensation. Today, Gili leads the Indian market in casual-wear jewellery today. It is sold through 150 outlets in India, besides a few select but growing numbers abroad. Two standalone stores also offer the consumer the full “Gili World” experience. Gili can claim to have attained superbrand status in 2003/2004.

Since its inception, Gili has carved a niche for itself by offering high quality, fine finished, machine-made, branded, diamond-studded, designer jewellery for the masses. The concept of branded jewellery in itself was a radically new one and Gili has lots of achievements to its credit and have been able to meet its goal through franchising.

If interested in this unique and popular jewellery franchise chain, do contact us soon.

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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 17
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 : Minimum 600 Sq.ft carpet area . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : High Footfall Area or 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? : Onsite or offsite
Is field assistance available for franchisees? : Yes
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? : 5
Is the term renewable? : Yes

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