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  • Area Req
    1000 sft
  • Investment Range
    Rs. 10000 - 50 K
  • Franchise Outlets
    - NA -
Business Details
BUSINESS OVERVIEW: Greenways Designs, one of Delhi largest showrooms for sarees, suits and wools, offers a whole selection of sarees including Embroidered Georgette Crepe and Net Sarees, Printed Georgettes, Chffons, Crepes, Tussars, Traditional Banarsis, Gadwals, Kanjivarams, Rajkots, Upaddas, shawls, Scarves, Dress Material and Suits. among others. The company has the widest variety of traditional sarees from across India that are handpicked and procured from the best available sources. Greenways Designs is very popular in Delhi, and is located in Connaught Place, the most accessible part of the city. Greenways Designs Saree house was established about 65 years ago, is known destination in Delhi for premium ethnic women wear. Over the past six decades Greenways Designs has touched millions of customers and a wide loyal customer base. The brand is currently positioned as regular as well as occasion saree store, with the tagline “A Festival Of Sarees & Suits”. At Greenways Designs sarees has been the profit drivers with 80% revenue coming from sale of sarees while rest 20% revenue comes from salwar suits which are mainly bought at the store on impulsion. The brand has been showcased in various national fashion events and expos and has received great appreciation. The brand currently has only one stores and is currently catering majorly to the older audience, should now focus on becoming a young women brand, the segment which is independent and has the pocket to spent In this respect Greenways Designs should change the store design, window dressing, color used in store and hire a brand endorser to make it a inviting place for younger crowd. The brand now wants to make it big through franchising

Investment Details

Commenced Operations

Operations Commenced On2012

Franchising / Distribution Commenced On2012

Franchise Details
Units

Area1000 sft

Investment Rs. 10000 - 50 K

Franchise/Brand Fee - NA -

Royalty/Commission- NA -

Master / Multi Units

Region Wise

Investment - NA -

Unit Fee - NA -

Master Fee - NA -

Commission - NA -

State Wise

Investment - NA -

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

City Wise

Investment Rs. 10000 - 50 K

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

Expansion Locations
North

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

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu

East

Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

Union Territories

Andaman and Nicobar, Chandigarh, Daman and Diu, Lakshadweep, Pondicherry

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 28%

Likely pay back period of capital for a unit franchise 3 to 4

Other investment requirements yes

Property Details

Type of property required for this franchise opportunity high street

Floor area requirement 1000 sft

Preferred location of unit franchise outlet pan india

Training Details

Detailed operating manuals for franchisees No

Franchisee training location at thebrand location

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? 5 Year

Is the term renewable? Yes

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