Franchise Opportunities

Gitanjali Lifestyle Ltd

Category: Retail
Area Req: 500 (1 Sq Mtr = 10.76 Sq Ft.)
No. of Franchise Outlets : --
Investment: Rs. 10lac - Rs. 20lac

 

Business Details

Greggio Argento of Italy is among the prestige brands the Gitanjali Group showcases in India in step with the growing affluence and globalization of lifestyle of the urban middle class. Gitanjali Lifestyle , a subsidiary of Gitanjali Gems would market silverware for Italian luxury silverware manufacturer, Greggio Argento. Gitanjali Lifestyle aspires to be a global leader in luxury retail, distribution & services known for its high quality products along with setting new trends & lifestyles, to create value for its consumers.

Greggio Argento brings Italian design and craftsmanship to various branded articles of use in Home and office. It produces some 16,000 products and its annual silver consumption is 200 tonnes. In fact, Greggio Argento is a leading name in designer silverware: cutlery and artefacts in sterling silver, highlighting authentic design and quality production values that show off silver’s elegance on its own as well as its versatility in combining with other materials, these have the uniquely useful and exclusive quality of anti-tarnishing.

Greggio Argento has set up two exclusive stores in Mumbai and Delhi, with marketing assistance from Gitanjali Lifestyle and is planning for more expansion through retail franchising.

For our franchise network, we are looking for likeminded entrepreneurs who can help us grow in the near future.

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Gitanjali Lifestyle Ltd Investment Details

Date Commenced Operations : 2007
Date Commenced Frachising / Distribution : 2007
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 10lac - Rs. 20lac
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
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? : Yes
What is the anticipated percentage return on investment? : 25%-35%
What is the likely pay back period of capital for a unit franchise? : one year
Are there other investment requirements? : 600000

Gitanjali Lifestyle Ltd Property Details

What type of property is required for this franchise opportunity? : prime location
Floor area requirement : 500 . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : Malls, market area and prime city locations

Gitanjali Lifestyle 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? : 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 Lifestyle Ltd Other Details

Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : 1
Is the term renewable? : Yes

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