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Hotline: 1800 102 2007
Hotline : 1800 102 2007
Ethnic Stores

Pennywise Retail Private Limited

Area Requirement 300 - 1000 Sq.ft
Investment Size INR 5 Lac - 10 Lac
Franchise Outlets Less than 10
Business Detail

About Us:

PENNYWISE is an upcoming concept for Women Apparel and Accessories Store with a definite scope of scalability. The promotors are in textile field since 20 years and have direct access to various brand factories owing to wholesale of their products.

The USP of the store is the available purchase price of the products, which gives a clear high margin than the dealerships or any other mode of business. We have an aggressive marketing policy offering best of the services and are 100 % Customer Oriented. We strive for area based demands and fulfilling the requirements. Apart from that, we offer upto 50% replacement of slow movement products per revenue month.

This Multi Brand Retail Store offers wide choice to chose upon:-

  • Ethnic Wear Kurtis
  • Resort Wear
  • Jumpsuits
  • Playsuits
  • Dresses
  • Kaftans
  • Tops
  • Pants
Investment Detail
Commenced Operations
Operations Commenced On 2018
Franchising / Distribution Commenced On 2019
Franchise Details
UNITS
Location Store wise
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 100000
Royalty/Commission 25 %
Expansion Locations
North
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, 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
Anticipated percentage return on investment 40%
Payback Period 3-6 Months
Property Details
Type of property required for this franchise opportunity Commercial
Area Requirement 300 - 1000 Sq.ft
Preferred location of unit franchise outlet Market , Malls, Office Areas, Tourist Destinations
TRAINING DETAILS
Detailed operating manuals for franchisees Yes
Franchisee training location Selection as per requirement
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

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