Magpie is a premium home accessories brand from India with its origins dating back to beginning of this century, i.e. year 2000. The company is part of an established 30 year old business group from India with core competence in Manufacturing, Retailing & Reality.
Magpie is the recipients of three consecutive Red Dot Design Awards in last three years and many other design global citations. Magpie designed products have been enshrined as prixed collector pieces by international museums like Museum Of Modern Art (MOMA) San Francisco. Magpie products over years have now become part of folklore in celebrity designer homes & are sold in top of the retail stores & independent boutiques worldwide. Our wares are sold internationally across 20 countries including Italy, Denmark, Netherlands, Belgium, Switzerland, Greece, U.S.A., Australia, Japan, etc. Increasingly magpie is setting up flagships stores in some of the biggest cities in the world. We currently have 10 such boutiques within India & Australia.
At Magppie, design=DNA, Magppie is the first Indian company to have ever won red dot international design award-not once, but thrice in three consecutive years.
WHY PARTNER WITH MAGPPIE ?
Operations Commenced On 2000
Franchise Commenced On 2013
Investment INR 50lac - 1 Cr.
Franchise/Brand Fee INR INR 18 Lakhs
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
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 30% %
Likely pay back period of capital for a unit franchisee 3.8 Yearss
Other investment requirements No
Type of property required for this franchise opportunity High Street/Mall
Floor area requirement 1000sqft-1200sqft
Preferred location of unit franchise outlet Metro Cities
Detailed operating manuals for franchisees Yes
Franchisee training location At franchisee\'s outlet
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes