The Bombay Store Franchise Opportunity - Franchise India
Hotline: 1800 102 2007
Hotline: 1800 102 2007
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Art, Craft, Antique & Framing

The Bombay Store

  • Area Req
    1000 sq ft- 1800 sq ft
  • Investment Range
    INR 20 Lac - 30 Lac
  • No. Of Franchise Outlets
    - NA -
Business Details

In the early 1900s while India was still under the British rule, one of the strongest manifestations of mass awakening was the desire to patronize all that was swadeshi (Made in India). Great Indian patriots and businessman like Lokmanya Tilak and Sir Ratanji Jamshedji Tata amongst others conceived Bombay Swadeshi Co-Op Stores Co. Ltd, which came into existence on 17th December 1906. It became the first retail organization to be listed on the Bombay Stock Exchange.

In the present age of globalization, the swadeshi movement has little significance. As the store now caters to an audience with a contemporary mindset, the brand was therefore rechristened in December 1995 as The Bombay Store. The Bombay Store currently operates out of 12 outlets - with its flagship store at Sir. P. M. Road measuring 10,000 sq feet and outlets at Inorbit Malad, Inorbit Vashi, High Street Phoenix , Mumbai Domestic Airport, MG Road-Pune, Inorbit Mall – Pune, Market City – Pune, Prozone Mall Aurangabad, Indiranagar in Bangalore , Panjim-Goa, and new addition at 1 MG Road, Bangalore. The Bombay Store is the one shopping destination that comes to the customers mind while looking for lifestyle products that are a perfect blend of contemporary and traditional techniques and art forms. The Company continues to focus on the theme of “Discover a New India.” A store highly recommended by the Travelers’ guide “Lonely Planet”and being rated as the number 1 shopping destination in Mumbai by Trip Advisor.

 

Reasons to Franchise With The Bombay Store :

1)Historic brand with Indian Legacy 

2)Great experience of successfully operating 8 stores

3)Attractive margins  of upto 45 % on product 

Investment Details

Commenced Operations

Operations Commenced On 1950

Franchise Commenced On 2014

Franchise Details
Units

Investment INR 20lac - 30lac

Franchise/Brand Fee INR 13 lac lease deposit

Expansion Locations
North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal

South

Kerala, Karnataka, Tamil Nadu

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 13 % %

Likely pay back period of capital for a Unit Franchise 1 year

Other investment requirements No

Property Details

Type of property required for this franchise opportunity Malls/Highstreet

Floor area requirement 1000 sq ft- 1800 sq ft

Preferred location of unit franchise outlet Pan India

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location At franchisee outlet

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? 5 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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