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  • Area Req
    250 - 600 Sq.ft
  • Investment Range
    Rs. 20lac - 30lac
  • Franchise Outlets
    50-100
Business Details

Timex is an iconic American heritage watch brand renowned for its timeless designs. Founded in 1854, Timex has established a tradition of creating high-quality, innovative watches to suit the needs of every customer.

  • The company’s first store was launched in 2005 in India and currently has 90 outlets and the brand is expected to take its store count to 120 by 2017.
  • Strong market presence with 90 Timex World stores in PAN India.
  • Timex World’s are present in more than 41 cities spread across 16 states.
  • Strong portfolio of brands spread across various segments from entry level to mid premium segment.
  • Brands Worldwide:

    TIMEX, Versace, Versus Versace, Guess, GC, Nautica, Opex Paris, Helix , Tarun Tahiliani and more.

    Comprehensive Support to Franchisees:

    • Marketing & Promotional
    • Operational
    • Inventory Management

    Investment Details

    Commenced Operations

    Operations Commenced On1988

    Franchising / Distribution Commenced On2005

    Franchise Details
    Units

    Area250 - 600 Sq.ft

    Investment Rs. 20lac - 30lac

    Franchise/Brand Fee - NA -

    Royalty/Commission- NA -

    Master / Multi Units

    Region Wise

    Investment Rs. 10000 - 50 K

    Unit Fee - NA -

    Master Fee - NA -

    Commission - NA -

    State Wise

    Investment Rs. 10000 - 50 K

    Unit/Brand Fee - NA -

    Master/Brand Fee - NA -

    Royalty/Commission - NA -

    City Wise

    Investment Rs. 10000 - 50 K

    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

    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 No

    Performance guarantee to unit franchisee No

    Anticipated percentage return on investment 40

    Likely pay back period of capital for a unit franchise 3 - 5 Year

    Other investment requirements No

    Property Details

    Type of property required for this franchise opportunity - NA -

    Floor area requirement 250 - 600 Sq.ft

    Preferred location of unit franchise outlet Malls , High streets

    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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