India’s Leading Retailer of Branded Watches & Lifestyle Products
Associated with the watches business for over 8 decades, The Golden Time is efficiently managed by family’s third generation of professional entrepreneurs. Over the years, the company has built itself as a trusted destination for high quality products and reliable after sales service support.
The Golden Time does not believe in mere selling but building relationships with its customers by offering them ‘value for money’. The company continuously organizes events, activities and contests to introduce latest collections and special benefits to its customers. It further strives to cater to the demand of customers for top brands and product choices.
The Golden Time is Gujarat’s biggest and India’s largest watch retailers, operating through different store formats. It offers national & international brands of watches, jewellery, writing instruments and lifestyle products.
The company successfully operates four luxurious showrooms (over 4000 sq ft each) in prime locations of Gujarat. Promising an ultimate shopping experience, the showrooms have great ambience and styling to complement the aesthetically displayed collection in stores.
Operations Commenced On 1950
Franchise Commenced On 2015
Investment INR 50lac - 1 Cr.
Franchise/Brand Fee INR 1 lac- 4 lac
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
Likely pay back period of capital for a unit franchisee 2 YEARS
Type of property required for this franchise opportunity Highstreet with good
Floor area requirement 50 sq ft-`1500 sq ft
Preferred location of unit franchise outlet Pan India
Detailed operating manuals for franchisees Yes
Franchisee training location At the Head Office
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