Mia by Tanishq

Area Requirement 600 - 800 Sq.ft
Investment Size INR 50 Lac - 1 Cr
Franchise Outlets 200-500

Business Detail

Adding shine to your every day with elegant, trendy and contemporary jewellery that is a true expression of you.

Mia by Tanishq is a popular jewelry brand in India that offers a wide range of modern and trendy jewelry designed for the contemporary Indian woman. The brand focuses on creating pieces that are versatile, stylish, and suitable for everyday wear. Mia by Tanishq's collections include earrings, rings, pendants, bracelets, and necklaces, often featuring a blend of traditional Indian designs with a modern twist.

The brand is known for its emphasis on quality craftsmanship and affordability, making it a popular choice among young Indian women looking for fashionable yet accessible jewelry options.

Investment Detail

Commenced Operations

Operations Commenced On 2011

Franchising / Distribution Commenced On 2014

Franchise Details

UNITS

Location Store wise

Investment INR 50lakh - 1 Cr.

Franchise/Brand Fee INR 100000

Royalty/Commission 14 %

Expansion Locations

North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Pondicherry, Chandigarh

Franchise Details

Anticipated percentage return on investment 15%

Payback Period 2-4 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 600 - 800 Sq.ft

TRAINING DETAILS

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 7 Years

Is term renewable? Yes