Khanna Gems Franchise Opportunity

Business Detail

Khanna Gems is a vertically integrated organization focused completely on Gemstones. Started in 1987 by Mr. Pankaj Khanna. Khanna Gems today is a market leader and benchmark for quality and transparency for Gemstones. Khanna Gems is involved in exports, wholesale and retail of Gemstones and has established a loyal customer base globally. The brand today has 27+ stores, 600+dealers 2000+ Affiliates worldwide.

Khanna Gems retail side of the business in India revolves around Astrological Gemstones. Being the market leader, Khanna Gems knows that in India, people buy Gemstones mainly for Astrological purposes. Khanna Gems has been able to control the entire ecosystem of Astrological Gemstones in India, they have 2000+ Astrologers affiliated with them who work on a commission basis for the sale of Gemstones. Khanna Gems has very strong online presence as well with more than 3 Crore Lifetime views on their YouTube Channel.

Khanna Gems franchise model is designed in such a way that the franchisee has to bear the minimum operational expenses which leads to franchisees getting sustainable profits.

Investment Detail

Commenced Operations

Operations Commenced On 1987

Franchising / Distribution Commenced On 2020

Franchise Details

UNITS

Location Store wise

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 590000

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 50%

Payback Period 2-3 Years

Any Other Requirements NA

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 200 - 500 Sq.ft

Preferred location of unit franchise outlet PAN INDIA

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location PAN INDIA

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? 6 Years

Is term renewable? Yes