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Franchise Opportunities

Gitanjali Jewels

Category: Jewellery
Area Req: Min 500 -1500 Sq.ft Carpet .
No. of Franchise Outlets : 29
Investment: Rs. 2 Cr. - Rs. 5 Cr

 

Business Details

Gitanjali Jewels, the Multibrand Lifestyle Jewelery Store retails high end jewelery brands like D’damas, Asmi, Nakshatra, Gili, Maya Gold, Diya, parineeta and lifestyle accessories in an International Ambience coupled with Indian Hospitality. Gitanjali Jewels' jewellery line includes ethnic and casual designs with variant collections to match one's choice, all under one roof.

The products available at Gitanjali Jewels outlets are a personification of elegance and grandeur designed to celebrate the enigma of a woman. When a customer walks into our store he is spoilt for choice and never leaves the store empty-handed.

Gitanjali Jewels, which has many stores in different cities all over India, has been adjudged Best Jewellery Retail Chain of the Year in multi-brand category by Retail Jeweller's India Awards 2009.

Gitanjali Jewels is planning for more expansion in near future through franchising. In fact, it is today one of the leading jewellery franchise network in India. If interested, do contact us as soon as possible for further communications.

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Gitanjali Jewels Investment Details

Date Commenced Operations : 1966
Date Commenced Frachising / Distribution : 2005
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 2 Cr. - Rs. 5 Cr 3L - 5 L no royalty
Master / Multi Units
Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
Country Wise Rs. 5 Cr. and above
Region Wise Rs. 5 Cr. and above
State Wise Rs. 5 Cr. and above
City Wise Rs. 2 Cr. - Rs. 5 Cr
What areas are available for Unit franchise? : International
Nationwide
Where are you looking for expansion?
North New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pardesh
West Gujarat, Rajasthan, Maharashtra, Goa
East Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim
South Kerala, Karnataka, Orissa, Tamil Nadu, Andhra Pardesh
Center Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Is there exclusive territorial rightsgiven to a unit franchise? : No
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? : Stocks , Furnitures & Fixtures

Gitanjali Jewels Property Details

What type of property is required for this franchise opportunity? : Owned / Rented
Floor area requirement : Min 500 -1500 Sq.ft Carpet . . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : Commercial High Street / Mall

Gitanjali Jewels Training Details

Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? : On site or off site
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 Jewels Other Details

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

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