Spardha Handicrafts

Area Requirement 100 sft
Investment Size INR 10000 - 50 K
Franchise Outlets 21

Business Detail

Spardha Handicrafts manufactures traditional board games played across India and the world. It is a niche segement which is targets upper middle class and affluent people who have taste for unique products and also women who scout for handcrafted or stitched products as part of home decor.

Investment Detail

Commenced Operations

Operations Commenced On 2013

Franchising / Distribution Commenced On 2013

Franchise Details

UNITS

Location Store wise

Investment INR 10000 - 50000

Franchise/Brand Fee INR 20000

Royalty/Commission 30 %

TRADE PARTNERS

TRADE PARTNER - 1

TYPES OF CHANNELS Dealer

INVESTMENT (IF ANY)

MARGIN / COMMISSIONS 30%

AREA REQUIREMENT NIL

Expansion Locations

North

Delhi

South

East

West

Maharashtra

Central

UNION TERRITORIES

Franchise Details

Territorial rights for unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 36% per annum%

Payback Period 1 year

Any Other Requirements No

Property Details

Area Requirement 100 sft

TRAINING DETAILS

Franchisee training location Hyderabad

AGREEMENT & TERM DETAILS

How long is the franchise term for? 5 Years

Is term renewable? Yes