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Next Retail India Ltd

retail

No. of Franchise Outlets : 500

Business Details

THE ‘NEXT’ ADVANTAGE: INDIA’S LARGEST ELECTRONICS RETAIL CHAIN : Join hands with India’s largest electronics retail chain! Next, incorporated in the year 2004, 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 !

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 West East South Center Union Territories
    New Delhi
    Haryana
    Himachal Pradesh
    Jammu and Kashmir
    Punjab
    Uttaranchal
    Uttar Pardesh
    Gujarat
    Rajasthan
    Maharashtra
    Goa
    Assam
    Meghalaya
    Mizoram
    Tripura
    Arunachal Pradesh
    Manipur
    Nagaland
    West Bengal
    Sikkim
    Kerala
    Karnataka
    Orissa
    Tamil Nadu
    Andhra Pardesh
    Chhattisgarh
    Madhya Pradesh
    Bihar
    Jharkhand
    Andaman and Nicobar
    Pondicherry
    Chandigarh
    Lakshadweep
    Daman and Diu
How much working capital is required in franchise addition to this :
Is there exclusive territorial rights
given 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

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

Training

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

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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