Franchise Opportunities

Ritu Kumar

                                         

Category: Retail
Area Req: 700-1400sqft
No. of Franchise Outlets : 3
Investment: Rs. 30lac - Rs. 50lac

 

Business Details

Ritu Kumar - India’s first lady to introduce the boutique culture in India under the brand name “ Ritu Kumar “ has been creating the ancient tradition of Indian craftsman’s ship in contemporary vocabulary in India.
The brand Ritu Kumar has been retailing in Europe & India since 1970s. The products include couture, formal prêt accessories & a fashion forward sub brand called LABEL, Ritu Kumar. It has its presence in all major cities in India & overseas, encompassing the very best of Indian design.
The brand is now on an expansion drive & is inviting partners on a journey where the brand name is taken further to the next level by the Sub Brand- LABEL , that caters to today’s modern women, who is independent , discerning & follows global trends.

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Ritu Kumar Investment Details

Date Commenced Operations : 1970
Date Commenced Frachising / Distribution : 1990
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 30lac - Rs. 50lac
What areas are available for Unit franchise? : International
Nationwide

Where are you looking for expansion?
North New Delhi, Haryana, Uttar Pardesh
West Gujarat, Maharashtra, Goa
East
South Karnataka, Andhra Pardesh
Center
Union Territories Chandigarh
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? : 15%
What is the likely pay back period of capital for a unit franchise? : 3 yrs
Are there other investment requirements? : rent

Ritu Kumar Property Details

What type of property is required for this franchise opportunity? :
Floor area requirement : 700-1400sqft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : highstreet,mall

Ritu Kumar Training Details

Do you currently have detailed Operating Manuals for franchisees? : No
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? : Yes

Ritu Kumar 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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