Finwave Forex Pvt ltd

Area Requirement 250 - 350 Sq.ft
Investment Size INR 20 Lac - 30 Lac
Franchise Outlets No Outlets

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Business Detail

About Us:

We are RBI approved AUTHORISED MONEY CHANGER dealing in to currency exchange and foreign wire transfer business.Started our operation in Oct 2014.Company also got best foreign exchange award from Gujarat Tourism and best performance award by ICICI BANK

we have crossed 50cr turn-over last year.

At present we have only one outlet

Now we wanted to expand business in Gujarat and Maharashtra.

Director Bhrugesh Vyas having 15 years of experience in this field he work for PAUL MERCHANTS LTD , CENTURION BANK OF PUNJAB FOR FOREX AND MONEY TRANSFER DEVELOPMENT IN GUJARAT AND MP

COMPANY HAVE 2 DIRECTORS AND ONE INVESTOR

Investment Detail

Commenced Operations

Operations Commenced On 2014

Franchising / Distribution Commenced On 2018

Franchise Details

UNITS

Location Store wise

Investment INR 10000 - 50000

TRADE PARTNERS

TRADE PARTNER - 1

TYPES OF CHANNELS 1

INVESTMENT (IF ANY)Rs. 20lakh - 30lakh

MARGIN / COMMISSIONS 20%

AREA REQUIREMENT250 - 350 Sq.ft

Expansion Locations

North

South

East

West

Gujarat, Maharashtra, Rajasthan

Central

Bihar

UNION TERRITORIES

Franchise Details

Territorial rights for unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 20%

Payback Period 3-5 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 250 - 350 Sq.ft

Preferred location of unit franchise outlet Ground Floor or upper level

TRAINING DETAILS

Franchisee training location Ahmedabad

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? Lifetime

Is term renewable? Yes