PHONEWALE LIMITED

Area Requirement 500 - 700 Sq.ft
Investment Size INR 30 Lac - 50 Lac
Franchise Outlets 20-50

Business Detail

PhoneWale Ltd., headquartered in Ahmedabad, India, is a leading multi-brand retail chain that deals in Mobile Phones, Accessories, Gadgets, LED TVs, Laptop, ACs. Born out of the idea of amalgamating the look, touch and feel of mobile outlets, the first PhoneWale Ltd. showroom opened its doors to the people of Ahmedabad in 2017.

By providing choice, convenience and elegance, it defines the modern retail in true sense. Driven by the mantra Right Store, Right Price, today PhoneWale Ltd. has set up 250+ one-stop-mobile-shops across major cities in Gujarat.

Our Vision: Achieves a new benchmarks in innovative world-class retail emerging as Indias largest retail chain with pan India operation.

Investment Detail

Commenced Operations

Operations Commenced On 2017

Franchising / Distribution Commenced On 2018

Franchise Details

UNITS

Location Store wise

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 200000

Royalty/Commission 1 %

Expansion Locations

North

South

East

West

Rajasthan, Maharashtra

Central

UNION TERRITORIES

Franchise Details

Territorial rights for unit franchise Yes

Anticipated percentage return on investment 40%

Payback Period 2-3 Years

Any Other Requirements NA

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 500 - 700 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? 5 Years

Is term renewable? Yes