ORRA

Area Requirement 1500 - 2000 Sq.ft
Investment Size INR 5 Cr - 10 Cr
Franchise Outlets 20-50

Business Detail

ORRA is one of India's finest jewellery retail chains, in business since 1888 and are spread across India with 78 stores in 36 cities. Consistently at the forefront of design leadership and product innovation, our 5 globally renowned design centres across the country are constantly producing diamond and gold jewellery that is cutting-edge, in keeping with the times and aligned to modern sensibilities.

Investment Detail

Commenced Operations

Operations Commenced On 1994

Franchising / Distribution Commenced On 2022

Franchise Details

UNITS

Location Store wise

Investment INR 5 Cr. above

Franchise/Brand Fee INR 1000000

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

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Territorial rights for unit franchise Yes

Anticipated percentage return on investment 80%

Payback Period 4-6 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 1500 - 2000 Sq.ft

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

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