Promart Retail Pvt Ltd Franchise Opportunity

Business Detail

Promart Retail Pvt Ltd is group of Franchisees of various International Brands for the Indian Fashion Scenario. Promart Retail Pvt Ltd carved a niche for itself by alluring the retail sector with the launch of MARC CAIN, a German High Fashion Women Wear Brand in 2007 in Mumbai, India. Promart Retail Pvt Ltd intends to take this venture to a different level altogether with the talks in motion for roping in various other Hi-Lifestyle fashion brands across the globe. Promart Retail Pvt Ltd becomes a one stop store to get access to all the Trendy and in Vogue brands from across the globe. With this in place, Promart Retail Pvt Ltd calls upon itself the global spotlight, which has been so far elusive for the Indian Fashion scenario.

Investment Detail

Commenced Operations

Operations Commenced On 2011

Franchising / Distribution Commenced On 2012

Franchise Details

UNITS

Location Store wise

Investment INR 20lakh - 30lakh

Franchise/Brand Fee INR 51,000

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Anticipated percentage return on investment as per the calculati%

Payback Period 2 years

Any Other Requirements NO

Property Details

Type of property required for this franchise opportunity Highstreet/Malls

Area Requirement Minimum 1000 sq ft

Preferred location of unit franchise outlet In the peer group of casual wear/fashion brands

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location At head office

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? 3 Years

Is term renewable? Yes