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Furniture/Home Decor & Furnishing

Natuzzi India

  • Area Req
    2500-6000 sq ft
  • Investment Range
    Rs. 1 Cr. - 2 Cr
  • Franchise Outlets
    6
Business Details
Natuzzi Group was founded in 1959 by Pasquale Natuzzi, current Chairman, Chief Executive Officer and Group Stylist. It designs, produces and markets sofas, armchairs and living room accessories. Natuzzi is the largest Italian furniture company with 2009 turnover of euro 515.4 million, and is the world leader in leather upholstery. In 1993, Natuzzi Group became the only foreign furniture company to list on Wall Street. 88% of the Group’s turnover is generated outside Italy in 123 countries and holds its major market shares in Europe (61%) and Americas (29%). Natuzzi group has 3 brands – • The signature brand offers a wide range of high-end products delivering premium quality in terms of creativity, design, choice of materials and finish ITALSOFA: www.italsofa.com • The young living brand in the upholstery market is targeted at consumers looking for modern, young and smart lifestyles EDITIONS: • Editions offers leather upholstered furniture in styles to suit every taste & situation and tailored for best value for money The Natuzzi Group made its entry into India in January 2010 and has quickly established itself with stores in Delhi, Gurgaon, Bangalore, Hyderabad, Kolkata and Mumbai (opening Dec2011).

Investment Details

Commenced Operations

Operations Commenced On2010

Franchising / Distribution Commenced On2010

Franchise Details
Units

Area2500-6000 sq ft

Investment Rs. 1 Cr. - 2 Cr

Franchise/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 Yes

Performance guarantee to unit franchisee No

Anticipated percentage return on investment NA

Likely pay back period of capital for a unit franchise 1-2 years

Other investment requirements NA

Property Details

Type of property required for this franchise opportunity - NA -

Floor area requirement 2500-6000 sq ft

Preferred location of unit franchise outlet - NA -

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location No

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? 3 Year

Is the term renewable? Yes

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