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Verve Integrated Marketing Services Pvt Ltd Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    800-1500 sq ft
  • Investment Range
    INR 2 Lakh - 5 Lakh
  • No. Of Franchise Outlets
    3

About brand - Verve Integrated Marketing Services Pvt Ltd

PRIMOKNOT IS ONE OF THE LEADING AND FASTEST-GROWING START UP FASHION HOUSE  IN INDIA. WITH ITS UMBRELLA BRAND “PK PRIMOKNOT” , THE COMPANY ADDRESSES COMPLEMENTARY TARGET GROUPS OF WOMEN FROM 20 TO 40 YEARS OF AGE IN THE INDO western fashon category

With its brands, the company operates in 4 cities in north india. PRIMOKNOT brand is available exclusively from 8 proprietary retail stores in Delhi NCR and Punjab. Alongside the company has decided to leverage its brand strength by setting up 150 more stores in the next 48 months in north india with a mix of proprietary and franchise stores. Company is planning to raise Rs 200 crores through private equity route.  PK Primoknot brand is also currently available on few ecommerce platforms and  now company will be investing substantial resources to expand its presence on ecommerce platforms and also will be launching its own ecommerce portal for its customers. Beta version of this portal has already been tested and now it will go live very soon.

PRIMOKNOT  has presented itself with a new brand identity since June 2013. With the further development of its core brand, PRIMOKNOT is strengthening its relevant fashion profile and positioning itself as a “new urban player”. The new brand attitude reflects the slogan which appeals to self-confident target groups with a high affinity for lifestyle and fashion: “Fashion you can move in”. PRIMOKNOT styles are more detailed, clearer and more fashionable..

As a start up PK PRIMOKNOT has been riding high on the decent performance by clocking a combined sale of Rs  approximately 30 crores in the last 3 fiscal years 2013, 2014 and 2015, the company has spent huge amount of resources in doing lot of  research on the product categories, market segmentation and their respective acceptable prices for the target consumers.

 

Verve Integrated Marketing Services Pvt Ltd Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2011

Franchise Commenced On 2012

Franchise Details
Units

Investment INR 2lakh - 5lakh

Master / Multi Units

Region Wise

Investment INR 2 Cr. - 5 Cr

Unit Fee INR NO Brand f

Master Fee INR NA

Commission Comission %

State Wise

Investment INR 1 Cr. - 2 Cr

Unit/Brand Fee INR No Brand f

Master/Brand Fee INR NA

Royalty/Commission Comission %

City Wise

Investment INR 10lakh - 20lakh

Unit/Brand Fee INR No Brand f

Master/Brand Fee INR NA

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 40%+ %

Likely pay back period of capital for a Unit Franchise 12-18 months

Other investment requirements yes, in stocks and interior set up

Verve Integrated Marketing Services Pvt Ltd Expansion Plans

North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh

East

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

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

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

 

Verve Integrated Marketing Services Pvt Ltd Franchise Requirements

Type of property required for this franchise opportunity shop in high street

Floor area requirement 800-1500 sq ft

Preferred location of unit franchise outlet in the prominent market places

Verve Integrated Marketing Services Pvt Ltd Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location at their shop

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

Verve Integrated Marketing Services Pvt Ltd Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get Verve Integrated Marketing Services Pvt Ltd Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get a Verve Integrated Marketing Services Pvt Ltd franchise, you can fill up the application form provided on the website and our expert team will guide you with all the details viz. Verve Integrated Marketing Services Pvt Ltd franchise fee, Verve Integrated Marketing Services Pvt Ltd franchise cost, Verve Integrated Marketing Services Pvt Ltd apply process and more. Our team will guide you during the process to avail Verve Integrated Marketing Services Pvt Ltd franchise.

Interested in Verve Integrated Marketing Services Pvt Ltd Franchise? Apply here

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