Gems Science

Area Requirement 50 - 100 Sq.ft
Investment Size INR 5 Lac - 10 Lac
Franchise Outlets 10-20

Business Detail

Gems Science was established in the 2006 with a vision to provide customers a authentic

platform for buying precious gems

The brand provides an assortment of gems, religious pendants, and other items of jewelry

aesthetically designed for holding gems

Gems Science was started by Mr Arjun Verma and Mr Rajan Verma who are renowned

Gemologists and Jewelers having significant knowledge of astrology and significance of

gems

Popular flagship store in the jewelry hub of India, Chandni Chowk in Delhi

Infrastructure consists of procuring, designing, production, sales and marketing, research

development, quality control, warehousing and packaging, administrative, logistics etc

The firm has a highly knowledgeable, skilled and trained team of professionals (includes

designers, production experts, craftsmen, packaging experts, RD professionals) who are

familiar with the demands of patrons latest market trends

The brand also retails through online platform like Amazon, Snapdeal and other ecommerce

players

Investment Detail

Commenced Operations

Operations Commenced On 2006

Franchising / Distribution Commenced On 2021

Franchise Details

UNITS

Location Store wise

Investment INR 5lakh - 10lakh

Franchise/Brand Fee INR 200000

Royalty/Commission 11 %

Expansion Locations

North

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

South

East

West

Central

UNION TERRITORIES

Franchise Details

Anticipated percentage return on investment 25%

Payback Period 6-9 Months

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 50 - 100 Sq.ft

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is term renewable? Yes