Sangeetha Mobiles

Area Requirement 400 sq ft
Investment Size INR 1 Cr - 2 Cr
Franchise Outlets - NA -

Business Detail

Started in the year 1974 by Mr. LP Narayana Reddy with a single store located in at JC Road, Bangalore, today, Sangeetha Mobiles signifies a stamp of quality and originality with high sales guarantee in regions provided by highly trained professionals. The legacy assures its commitment towards offering the best value for money to franchisees, thereby providing them the benefit of exclusive services and attractive incentives. Sangeetha Mobiles is:

* Indias first company to offer free mobile phone insurance

* Impressive distributorship network pan South India

* Record breaking sales and turnover

Investment Detail

Commenced Operations

Operations Commenced On 1974

Franchising / Distribution Commenced On 2012

Franchise Details

UNITS

Location Store wise

Investment INR 1 Cr. - 2 Cr

Franchise/Brand Fee INR 1 lac per store

TRADE PARTNERS

TRADE PARTNER - 1

TYPES OF CHANNELS Retailer

INVESTMENT (IF ANY)

MARGIN / COMMISSIONS %

AREA REQUIREMENT NIL

Master / Multi Unit

Region Wise

Investment INR 50lakh - 1 Cr.

राज्य अनुसार

Investment INR 50lakh - 1 Cr.

शहर अनुसार

Investment INR 50lakh - 1 Cr.

देश अनुसार

Investment INR 50lakh - 1 Cr.

Expansion Locations

North

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

South

East

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

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

UNION TERRITORIES

Franchise Details

Anticipated percentage return on investment 36%%

Payback Period 2.8 years for a MF

Property Details

Area Requirement 400 sq ft

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Franchise 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