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  • Area Req
    500 - 1500 Sq.ft
  • Investment Range
    INR 2 Cr - 5 Cr
  • Franchise Outlets
    No Outlets
Business Details

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.

Investment Details

Commenced Operations

Operations Commenced On 2012

Franchising / Distribution Commenced On 2017

Franchise Details
Units

Investment INR 2 Cr. - 5 Cr

Expansion Locations
North

- NA -

South

- NA -

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

Franchise Details

Anticipated percentage return on investment 16 %

Likely pay back period of capital for a unit franchise 1-2 Years

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 500 - 1500 Sq.ft

Training Details

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? 10-No of years Years

Is the term renewable? Yes

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