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Furniture/Home Decor & Furnishing

THE UTILITY STORES

  • Area Req
    - NA -
  • Investment Range
    Rs. 20lac - 30lac
  • Franchise Outlets
    Less than 10
Business Details

The Utility Store promises to provide consumers unique value, superior quality and innovative products at the most competitive prices. Initially, The Utility Stores will be a platform for 1000+ products with more products added down the line reaching upto 5000 products. The parent company, Xact group, is looking at opening 50 Utility stores in Delhi NCR by October 2016, as well as 500 stores in Northern India by March 2017 and 5000 stores across India December 2017, we endeavour to disrupt utility products and how they are consumed in the market.

Investment Details

Commenced Operations

Operations Commenced On1996

Franchising / Distribution Commenced On2014

Franchise Details
Units

Area- NA -

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 - NA -

Likely pay back period of capital for a unit franchise - NA -

Other investment requirements - NA -

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement - NA -

Preferred location of unit franchise outlet Commerical, Malls

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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