Franchise Opportunities

Next Retail India Ltd

                                         

Category: Retail
Area Req: ground floor (1 Sq Mtr = 10.76 Sq Ft.)
No. of Franchise Outlets : 500
Investment: Rs. 30lac - Rs. 50lac

 

Business Details

NEXT Retail India Ltd. is India’s largest electronic Retail Chain. Incorporated in 2003, NEXT is one of the emerging giants in organized retailing of consumer electronics, home appliance, IT, imaging, accessories and small home appliances. It has been formed to tap the immense potential promised by the retail industry.

Our Vision

The vision of NEXT Retail India Ltd. is to be the number one in the retail field in our category and to become a globally recognized company through innovation, passion through quality, freedom through empowerment and cost through volumes. We should imbibe a world class system to bring in delight to all our associates and the society at large.

Our Mission

The mission of our enterprise is to create unique customer satisfaction through innovation, quality, productivity, human resource development, continuously striving for excellence with pride in our values and confidence in our approach.

THE ‘NEXT’ ADVANTAGE: INDIA’S LARGEST ELECTRONICS RETAIL CHAIN: Join hands with India’s largest electronics retail franchise chain! Within just few years of its inception, NEXT has successfully expanded to over 500 retail showrooms all across India.

The NEXT Advantage:

• India’s largest electronics retail chain !
• All leading brands under one roof-the one stop shop for consumer durables / IT products!
• Best operating systems for better controls !
• Honoured as “India’s No. 1 in Customer Satisfaction” in the consumer durables category by Synovate India Retail Brands Survey 2007 !

If interested in our retail franchise concept, do contact us as soon as possible.

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Next Retail India Ltd Investment Details

Date Commenced Operations : 2004
Date Commenced Frachising / Distribution : 2004
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 30lac - Rs. 50lac 1 lacs 8% mirgin on gross s
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 Andaman and 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%
What is the likely pay back period of capital for a unit franchise? : 2 years
Are there other investment requirements? : no

Next Retail India Ltd Property Details

What type of property is required for this franchise opportunity? : 1000 sqf carpet
Floor area requirement : ground floor . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet:? : prime location

Next Retail India Ltd Training Details

Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? : on site / 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? : Yes

Next Retail India Ltd Other Details

Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : 5
Is the term renewable? : Yes

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