Palred Technologies Limited is a public listed company on NSE./BSE since 2004. The company owns & operates an e-commerce business LatestOne.com through it's subsidiary Palred Online Technologies Private Limited (POT in short). LatestOne.com is India's largest e-tailer in the vertical tech & mobile accessories. It stocks almost 10,000 SKUs in its fulfillment centers in Hyderabad and New Delhi. The company is currently shipping more than 100,000 orders per month. The company also owns the brand PTRON range of products for accessories such as Headsets, power Banks, VR headsets, Cables, Mobile and tablet cases & covers. This is a Rs 18,000 crore market and one of the fastest growing business verticals. There is an opportunity to setup small kiosk/outlet style retail points in all Tier 1 & 2 cities, particularly in the malls to sell from the stock in the store as well as sell from a huge range of products available online. This is ideal for young entrepreneurs who want to setup businesses with an investment less than Rs 10 lacs but has a high probability of succcess. The company has already delivered more than one million orders successfully in the country in the last 18 months. Both the brands - LatestOne.com and PTRON products are well established and will certainly attract a lot of customers to the store, if an outlet is opened in any mall with good footfalls, particularly of youth.
Operations Commenced On 2013
Distribution Commenced On 2015
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR None
Royalty/Commission None %
| Types of Channels | Investment (If any) | Margin / Commissions | Area Requirement |
|---|---|---|---|
| Dealer | Rs. 5lakh - 10lakh | 20% | 150 - 250 Sq.Ft. - Sq.ft |
City Wise
Investment INR 5lakh - 10lakh
Unit/Brand Fee INR NIL
Master/Brand Fee INR NIL
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Channel Partner Yes
Anticipated percentage return on investment 30 %
Likely pay back period of capital for a Channel Partner 2 - 4 Years
Other investment requirements NO, this investment is all inclusive
Haryana, Delhi, Punjab, Uttar Pradesh
Andhra Pradesh, Karnataka, Kerala, Tamil Nadu
Odisha
Gujarat, Maharashtra, Rajasthan
Jharkhand, Madhya Pradesh
Chandigarh, Pondicherry
Type of property required for this dealership opportunity Commercial
Floor area requirement 150 - 250 Sq.ft
Preferred location of unit dealership outlet Inside a shopping mall, preferably like a kiosk at a junction
Dealership training location Onsite & our head office
Is field assistance available for Dealership ? Yes
Expert guidance from Head Office to franchisee in opening the dealership Yes
Current IT systems will be included in the dealership Yes
How long is the dealership term for? 5 Years
Is the term renewable? Yes
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