Vridhi International

Area Requirement -N/A-
Investment Size INR 10000 - 50 K
Franchise Outlets NA

Business Detail

Erato, a pure sterling silver jewellery brand is backed by people with more than 20 years of combined experience in jewellery. The promoters are reputed South Delhi jewelers who have been into precious jewellery i.e. gold, diamond, kundan etc since 1993. Erato is positioned to cater to women in the age group 23-55 years who want more than just “junk jewellery” yet is price conscious.

Investment Detail

Commenced Operations

Operations Commenced On 2012

Franchising / Distribution Commenced On 2012

Franchise Details

UNITS

Location Store wise

Investment INR 10000 - 50000

TRADE PARTNERS

TRADE PARTNER - 1

TYPES OF CHANNELS Dealer

INVESTMENT (IF ANY)

MARGIN / COMMISSIONS %

AREA REQUIREMENT NIL

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

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Territorial rights for unit franchise Yes

Anticipated percentage return on investment 25%%

Payback Period 12 months

Any Other Requirements NA

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Delhi

Expert guidance from Head Office to franchisee in opening 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