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Philips Electronics India Ltd

  • Area Req
    1000-2000 Sq Ft
  • Investment Range
    Rs. 2lac - 5lac
  • Franchise Outlets
    80
Business Details

Philips India Limited brings you the opportunity to make a head start in e Decorative Lighting or Fancy Lighting sector...Read On!

Philips India Limited, a subsidiary of the Netherlands-based Royal Philips, is a diversified Health and Well-being company, focused on improving people’s lives through timely innovations.

  • Philips Light Lounge is an exclusive showroom of Home Decorative Lighting or Fancy Lighting collection from Philips.
  • This is the only exclusive retail face of Philips, who is the market leader in lighting segment worldwide.
  • Light Lounge gives a unique experience to the customer with its innovative lighting design & quality.
  • There are 80 light lounges across India, which is situated in all Metros & Mini Metros.
  • Apart from normal consumers, Light Lounge is also an experience centre for professionals like Architect & Interior Designers.
  • Philips Light Lounge has a display of more than 300 decorative lighting items. 

Desired Franchisee Profile:

  • Area Required: 1000-2000 Sq Ft
  • Person with zeal to become successful as an entrepreneur
  • Person looking to start a new business with a reputed name in the industry
  • Person with entrepreneurial excellence and sound managerial skill
  • Individual ready to put full endeavours to be the leading brand name
  • Person with aim to serve the given purpose, one should be well qualified

Franchisor Support:

  • Detailed operating manuals for franchisee
  • Provide site selection assistance
  • Franchisee training is done at office
  • Someone from head office will assist the franchisee in setting up the franchise

Benefits to Franchisee:

  • Exclusive territorial rights given to a unit franchise
  • Present It systems will be included in the franchise
  • Benefit of lifetime franchise term

Interested in above franchise model, contact now to become franchisee...Hurry!

Thanks & Regards

Philips India Limited Team

Investment Details

Commenced Operations

Operations Commenced On2006

Franchising / Distribution Commenced On2008

Franchise Details
Units

Area1000-2000 Sq Ft

Investment Rs. 2lac - 5lac

Franchise/Brand Fee - NA -

Royalty/Commission- NA -

Master / Multi Units

Region Wise

Investment Rs. 20lac - 30lac

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 - NA -

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

Expansion Locations
North

Delhi, Uttar Pradesh

South

- NA -

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 30-45%

Likely pay back period of capital for a unit franchise 2-3 Years

Other investment requirements Yes

Property Details

Type of property required for this franchise opportunity Owned/Rental

Floor area requirement 1000-2000 Sq Ft

Preferred location of unit franchise outlet High Street

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? Life time Year

Is the term renewable? No

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