Franchise Opportunities

Gitanjali Gems Ltd.

Category: Jewellery
Area Req: Minimum 500 sq.ft .Carpet
No. of Franchise Outlets : --
Investment:

 

Business Details

Nakshatra is one of the most respected jewellery brands in India and it has played a pioneering role in introducing the benefits of branded jewellery to the Indian market. Nakshatra, meaning a constellation of stars evokes images of fate, heavens, destiny, and the universe itself. It stands for power, mystery, beauty and symbolism of the stars. It is about blending mystique and glamour. With Katrina Kaif, India's most recognised and loved film star as its brand ambassador, the brand has a great aspiration value attached to it. Also bestowed the Superbrand status, Nakshatra is a brand owned by the DTC, with manufacturing, distribution and marketing rights held by done by Brightest Circle Jewellery Pvt. Ltd.

Launched in the year 2000 Nakshatra has reached new heights of success in just few years. Today, the brand has become one of the leading fashion diamond jewellery brands in India, which is patronized by the women belonging to almost all the segments of the society. It epitomizes the expression of love and affection in women's life.

Nakshatra has established itself as an ethical player in the market as it comes with its certificates of authenticity and assuring transparency in the buying decision of the consumers. The stunningly beautiful and sparkling clear diamond jewellery of Nakshatra has never failed to impress any women till date.

This popular jewellery franchise brand today enjoys a presence in different towns and cities across the country. Nakshatra 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 : 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 street
Floor area requirement : Minimum 500 sq.ft .Carpet . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : High Footfall Area / Gold market / shopping hub

Gitanjali Gems Ltd. 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? : 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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