Franchise Categories
Hotline: 1800 102 2007
Hotline : 1800 102 2007
Fashion Accessories

PRIME WATCH

Area Requirement 500 to 1000 sft
Investment Size INR 50 Lac - 1 Cr
Franchise Outlets 10
Business Detail
The Prime is an International luxury, designer and fashion watch brand retailer dealing through its chain of retail stores on India. It has developed from a small retail shop of a handful of Indian brands to a national player having a presence across India carving a niche for itself as one of the leading retailers of International Luxury brands of watches in India It currently operates out 20+ outlets across India in: • Watches • Gadgets • Jewellery, premium writing instruments and lifestyle products. Our company is a trusted partner to many international brands and is a franchisee for several Luxury brands (such as Tag-Heuer, Baume & Mercier, Rado and Longines), Premium brands (such as Omega, Bvglari, Chopard, Piaget, Dior and Frankmuller) and Fashion Brands (such as Tissot, Seiko, Calvin Klein, DKNY, Kenneth Cole, Gucci, Fossil, Emporio Armani, Giordano and Balmain). The Prime has developed from a small retail shop of a handful of Indian brands to a national player having a presence in five states of India carving a niche for itself as one of the leading retailers of international luxury brands of watches in India. THE PRIME is a trusted partner to more than 35 international brand and is a franchisee for different luxury brands (such as Tag Heuer, Baume & Mercier, Rado and Longines), premium brands (such as Omega, Bvlgari, Chopard, Piaget, Dior, and Frankmuller) and fashion brands (such as Tissot, Seiko, Calvin Klein, DKNY, Kenneth Cole, Gucci, Fossil, Emporio Armani, Tommy Hilfiger and Hugo Boss). The outlets cater to the entire range of watches primarily for men and women in the price range of Rs. 2 thousand to Rs. 20 lacs. THE PRIME further deals in elegant showpieces of brands like Swarovski and Lladro, writing instrument from the house of Mont Blanc and other premium brands and mobile phones from Vertu, Tag Heuer and Dior. The Prime also displays international branded jewellery. The Prime operates its retail business through three types of stores: The Prime – Luxury Watch Boutique, where an array of luxury brands are displayed and offered under one roof – The Prime – Luxury Watch Boutique. The watches put on shelve are priced at Rs. 20,000 and above. The Prime – Duets - Fashion Watch Studio is the latest to the array of fashion watch outlets. The core concept behind this is to provide assurance of authenticity, transparency and exclusivity and labelled as The Prime – Fashion Watch Studio. The watches put on shelve are priced at Rs. 3,000 and above. Exclusive Brand Boutique (Franchisee Boutique) focuses on particular brand which attracts customer loyalty for the brand. The layout of each uniquely designed outlet is done in such a way that ambience reflects elegance that fits the needs of a globetrotting customer, who appreciates an international shopping experience: courteous service and high-quality products.
Investment Detail
Commenced Operations
Operations Commenced On 2005
Franchising / Distribution Commenced On 2006
Franchise Details
UNITS
Location Store wise
Investment INR 50lakh - 1 Cr.
Franchise/Brand Fee INR 2 Lacs
Royalty/Commission 30% %
Expansion Locations
North
Delhi, Haryana, Uttar Pradesh
South
Karnataka, Tamil Nadu, Andhra Pradesh
East
Assam, West Bengal, Odisha
West
Gujarat, Maharashtra
Central
Jharkhand
UNION TERRITORIES
Chandigarh
Franchise Details
Territorial rights for unit franchise Yes
Property Details
Type of property required for this franchise opportunity Luxury Malls, Market
Area Requirement 500 to 1000 sft
Preferred location of unit franchise outlet Delhi, Gurgaon, Noida, Chandigarh, Bangalore,Hyderabad,Chennai, Ahmadabad, Kolkata, Mumbai,Pune,Ranchi, Bhubaneshwar, Cuttak etc
TRAINING DETAILS
Detailed operating manuals for franchisees Yes
Franchisee training location Depend on the location
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
AGREEMENT & TERM DETAILS
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is term renewable? Yes

Copyright © 2009 - 2021 Franchise India Holdings Ltd.