Mid India Enterprises Pvt Ltd

Area Requirement 8000 Sq ft to 30000 Sq ft
Investment Size INR 1 Cr - 2 Cr
Franchise Outlets 4

Business Detail

M&M is a part of the MNM Marketing group, which has been into retailing since 1985 and serving the fashion needs of Vijayawada. With over 25 years’ experience, this Group has become one of the foremost retailers in the state of Andhra Pradesh. Our first M&M showroom was opened in Vijayawada in 2002 and has become a synonym to high quality styling and luxury clothing in a span of eight successful years. Since then, M&M has become the fastest growing retail brand in Andhra Pradesh and it is also the founder member of Retailer Association of India (RAI).

Investment Detail

Commenced Operations

Operations Commenced On 2002

Franchising / Distribution Commenced On 2005

Franchise Details

UNITS

Location Store wise

Investment INR 1 Cr. - 2 Cr

Master / Multi Unit

शहर अनुसार

Investment INR 1 Cr. - 2 Cr

Expansion Locations

North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh

East

Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

UNION TERRITORIES

Franchise Details

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 25%%

Payback Period 3 years

Any Other Requirements 50 Lks as working capital

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 8000 Sq ft to 30000 Sq ft

Preferred location of unit franchise outlet High street or in a Mall

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Head 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? Lifetime