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Gitanjali Gems Ltd.

Category: Jewellery
Area Req: 1000 and above (1 Sq Mtr = 10.76 Sq Ft.)
No. of Franchise Outlets : 02
Investment: Rs. 1 Cr. - Rs. 2 Cr

 

Business Details

Gitanjali Exclusives is a chain of very exclusive large sized, multi-brand Lifestyle Jewellery showrooms, showcasing under one roof the very best of the jewellery brands in the country. The products are highly chic and trendsetters in their own category. Brands covered in Desire are Le Papillion, Andalusia, The Princess Collection, Aquamarine (watches) and DISNEY. The store also features other leading brands such as D'damas, Nakshatra, Asmi, Sangini, etc.

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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. 1 Cr. - Rs. 2 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? : No
Are any performance guarantees given to unit franchisees? : No
What is the anticipated percentage return on investment? : 30
What is the likely pay back period of capital for a unit franchise? : 2
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 : 1000 and above . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : High Footfall Area

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
Is the term renewable? : Yes

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