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At Gizmobaba, we locate and curate the most amazing Gadgets from all over the world, and make it available to Gadget Lovers in India. Gizmobaba is a brand of innovative and unique gadgets where we locate the most amazing gadgets from all over the world and make them available in India. These are products of daily use that are very popular in Western countries.
Electronic Gadgets industry is booming with double digit growth rate, customers are demanding more from the industry in terms of innovation and reach. With an increase in household income levels, thirst for acquiring latest technologies, rising awareness among consumers, etc. the Indian consumer electronics market is expected to grow at a CAGR of more than 17% during 2014-2018. Today, the most selling category in retail is ‘Electronics’ with a market share of 61%. Younger consumers are leading the adoption of new technologies. Buyers continue to hunt for these products in offline shops.
Particulars |
Kiosk Model |
Shop in Shop |
Minimum Carpet Area |
80 sq. ft. |
- |
Total Project Cost |
INR 4-5 lakhs |
INR 1.5 to 2 lakhs |
Franchise Fee |
INR 50 thousand to 1.5 lakhs |
INR 50 thousand |
Payback* |
Less than 1 year |
Less than 1 year |
*With an average margin of Rs.300 per item and assuming only 15-20 sales per day, the average payback time is under 3 months!
Thanks & Regards
Gizmobaba Team
Operations Commenced On 2012
Franchise Commenced On 2014
Investment INR 10000 - 50000
Franchise/Brand Fee INR 10000
Royalty/Commission 25 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment over 100% per year %
Likely pay back period of capital for a Unit Franchise 3-6 months
Other investment requirements store design, furniture, inventory.
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal
Kerala, Karnataka, Tamil Nadu
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity High Footfall area,
Floor area requirement 50-80 sq ft
Preferred location of unit franchise outlet mall
Detailed operating manuals for franchisees Yes
Franchisee training location Mumbai
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 3 Years
Is the term renewable? Yes
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