Araceli is a jewellery enterprise by MGS. At araceli we house bespoke Diamond, Gold & Polki Jewellery. We are looking to expand our market base witch new channel partners.
MGS is diversified into manifold business. MGS is into automobile dealerships of TATA, FORD & Honda, retail of jewellery, cinema exhibition, education and manufacturing of automotive superstructer, transformer radiators, agricare equipments and E Rickshaw. MGS was franchisee for of renowned jewellery brand for more than a decade.
Operations Commenced On 2012
Franchise Commenced On 2017
Investment INR 2 Cr. - 5 Cr
Anticipated percentage return on investment 16 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
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Type of property required for this franchise opportunity Commercial
Floor area requirement 500 - 1500 Sq.ft
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 10 Years
Is the term renewable? Yes
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