Just In Time Franchise Opportunity

Business Detail

About Us:

Launched in 2009, Just watches is the Lifestyle chain under the Priority Group, a leading fashion conglomerate that pioneered in the year 2000 through the launch of luxury watch brands in India.

It is the brainchild of Mr. Shailesh and Mrs. Manisha Sangani.

Housing over 40 top international and national brands, our diverse portfolio of world class brands makes us a favorite destination of any watch lover.

50 Operational outlets in 16 cities catering in 25 luxury brands.

Just Watches support systems:

- Outlet location and space feasibility study

- Outlet Fit out, Layout, Design, Execution, Internal and External Signage/ Branding

- Quality assurance and certification on each and every product.

- Merchandise mix based on demography/ income groups and market

- Quick and timely replenishment

- Highly professional and qualified merchandisers

- Periodical marketing and promotional activities.

- User friendly software and technical assistance

- Periodical staff training, by the Brands as well as Just Watches team

Investment Detail

Commenced Operations

Operations Commenced On 2006

Franchising / Distribution Commenced On 2021

Franchise Details

UNITS

Location Store wise

Investment INR 50lakh - 1 Cr.

Franchise/Brand Fee INR 300000

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

Anticipated percentage return on investment 30%

Payback Period 2-2 Years

Any Other Requirements 00

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 700 - 1500 Sq.ft

Preferred location of unit franchise outlet PAN

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Corporate office

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