Croma Franchise Opportunity

Business Detail

Croma is India's first and most trusted large format specialist retail store. Founded in 2006, Croma caters to everyones multi-brand digital gadgets and home electronic needs.

With over 16,000 products across 550+ brands through 400+ stores spread across over 130+ major cities of India, Croma is a brand of Infiniti Retail Ltd., part of the Tata group. Croma promises a wide range of assortment, the right advice from their trusted electronics experts lifetime assurance on electronics purchased from them.

In 2008, with an intent to delight customers further, Croma launched its own-label products. Croma currently has 400+ products in the Own Label category that use the latest technology and are curated by in-house experts with competitive pricing. The range is a perfect fit for those who desire a completely feature-packed and quality product.

Investment Detail

Commenced Operations

Operations Commenced On 2005

Franchising / Distribution Commenced On 2020

Franchise Details

UNITS

Location Store wise

Investment INR 2 Cr. - 5 Cr

Franchise/Brand Fee INR 0000

Royalty/Commission 00 %

Expansion Locations

North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

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

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 16%

Payback Period 1-2 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 8000 - 10000 Sq.ft

Preferred location of unit franchise outlet Upmarket residential I Malls I Travel retail I education I corporate

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Headoffice.

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

How long is the franchise term for? 15 Years

Is term renewable? Yes