TIMEX GROUP INDIA LTD

Area Requirement 300 - 700 Sq.ft
Investment Size INR 20 Lac - 2 Cr
Franchise Outlets 50-100

Business Detail

TIMEX WORLD is a Multi-brand writst-watches smart-watches retail store of Timex Group India Ltd.

In US world-wide its under name THE TIME FACTORY.

Attached will be authorised service centre with Timex Genuine Spare Parts.

Wrist-watch Brands retailed under TIMEX WORLD will be in-house brands , Timex, Helix, Versus by Versace , Ted Baker, Furla, Benetton,Addidas,Versace, Selvataro Ferragamo,Missoni traded brands , Guess, GC, Fossil, Skagen Esprit etc

Smart-watches Fitness bands are also retailed in the store

Timex Group India Ltd has its production facility at Baddi , Himachal Pradesh Headquarters at Nodia regional offices are at Mumbai,Bangalore,Chennai, Kolkata

Investment Detail

Commenced Operations

Operations Commenced On 1992

Franchising / Distribution Commenced On 1992

Franchise Details

UNITS

Location Store wise

Investment INR 20lakh - 30lakh

Franchise/Brand Fee INR 100000

Master / Multi Unit

राज्य अनुसार

Investment INR 1 Cr. - 2 Cr

शहर अनुसार

Investment INR 20lakh - 30lakh

Expansion Locations

North

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana

East

West

Goa

Central

UNION TERRITORIES

Franchise Details

Anticipated percentage return on investment 40%

Payback Period 1-3 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 300 - 700 Sq.ft

Preferred location of unit franchise outlet tier 2

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Bangalore regional 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? 3 Years

Is term renewable? Yes