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Sangeetha Mobiles

  • Area Req
    400 sq ft
  • Investment Range
    Rs. 1 Cr. - 2 Cr
  • Franchise Outlets
    - NA -
Business Details

Started in the year 1974 by Mr. LP Narayana Reddy with a single store located in at JC Road, Bangalore, today, Sangeetha Mobiles signifies a stamp of quality and originality with high sales guarantee in regions provided by highly trained professionals. The legacy assures its commitment towards offering the best value for money to franchisees, thereby providing them the benefit of exclusive services and attractive incentives. Sangeetha Mobiles is:

* India's first company to offer free mobile phone insurance

* Impressive distributorship network pan South India

* Record breaking sales and turnover

Investment Details

Commenced Operations

Operations Commenced On1974

Franchising / Distribution Commenced On2012

Franchise Details
Units

Area400 sq ft

Investment Rs. 1 Cr. - 2 Cr

Franchise/Brand Fee 1 lac per store

Royalty/Commission- NA -

Master / Multi Units

Region Wise

Investment Rs. 50lac - 1 Cr.

Unit Fee - NA -

Master Fee - NA -

Commission - NA -

State Wise

Investment Rs. 50lac - 1 Cr.

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

City Wise

Investment Rs. 50lac - 1 Cr.

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

Expansion Locations
North

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

South

- NA -

East

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

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

- NA -

Union Territories

- NA -

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 36%

Likely pay back period of capital for a unit franchise 2.8 years for a MF

Other investment requirements - NA -

Property Details

Type of property required for this franchise opportunity - NA -

Floor area requirement 400 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? 5 Year

Is the term renewable? Yes

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