Everlast

Area Requirement 700 - 1000 Sq.ft
Investment Size INR 50 Lac - 1 Cr
Franchise Outlets Less than 10

Business Detail

The company was formed and established in theyear of 1961in the name of Ashoka Metal Works Co. (Regd.) with the aim to serve weighing industries in a professional ways.

The company having itsmanufactures Electronic weigh bridges with the brand EVERLAST. As per ISO:9281 specifications and those lay down by the Department of Weights Measures, Government of India.

Investment Detail

Commenced Operations

Operations Commenced On 1961

Franchising / Distribution Commenced On 2023

Franchise Details

UNITS

Location Store wise

Investment INR 50lakh - 1 Cr.

Franchise/Brand Fee INR 1500000

Royalty/Commission 10 %

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

Anticipated percentage return on investment 70%

Payback Period 1-2 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 700 - 1000 Sq.ft

Preferred location of unit franchise outlet Pan India

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

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