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Espacia by Nirmal Group: Redefining Luxury Modular Kitchens
At Espacia, a distinguished brand under the Nirmal Group, we specialize in creating functional, sophisticated, and luxurious modular kitchens tailored to the unique tastes and needs of our clients. With a commitment to blending utility, personality, and status into every home, we aim to transform spaces into reflections of individual lifestyles.
Nirmal Group, the driving force behind Espacia, was founded on the vision of bringing spaces to life. Our motto, "Enhancing lifestyles with beauty and grace," embodies our dedication to designing environments that resonate with both modern sensibilities and traditional Indian values. This harmonious blend allows us to create kitchens that are not only aesthetically pleasing but also rich in cultural significance.
Over the past decade, Espacia has successfully completed projects in over 1,000 homes, consistently aiming to reimagine living spaces in ways that meet our clients’ specific requirements. Our approach emphasizes personalization, ensuring that each kitchen we design is a unique masterpiece that fits seamlessly into the client’s lifestyle. We utilize materials of European standard, ensuring durability and elegance, while our customized services guarantee that every detail is attended to with precision.
As we look to the future, we are excited to expand our reach across India through franchise opportunities. With a remarkable growth rate of approximately 15%, Espacia is well-positioned in the market, backed by promoters who bring 18 years of industry experience. This expertise, combined with our commitment to quality, sets the foundation for a successful franchise partnership.
For aspiring entrepreneurs, the initial investment to open an Espacia franchise ranges from Rs. 10 lac to 20 lac, with a franchise fee of Rs. 2,00,000. Our royalty structure is competitive, set at 5%, allowing franchisees to benefit from our established brand reputation while maximizing their profitability. We anticipate a return on investment of around 15%, with a payback period for the capital invested projected at 3-5 years. Franchisees will need to allocate a floor area of 500 to 5,000 sq. ft., providing the flexibility to adapt to different market conditions and local demands.
In conclusion, Espacia by Nirmal Group stands at the forefront of luxury modular kitchen design in India. Our commitment to excellence, combined with a strategic approach to growth through franchising, positions us as a leading choice for those looking to invest in a dynamic industry. Join us in redefining kitchens and enhancing lifestyles across the country. Together, we can create spaces that inspire and elevate the everyday experience of home cooking and living.
Operations Commenced On 2009
Franchise Commenced On 2020
Investment INR 10lakh - 20lakh
Franchise/Brand Fee INR 200000
Royalty/Commission 5 %
Region Wise
Investment INR 30lakh - 50lakh
Commission 5 %
City Wise
Investment INR 10lakh - 20lakh
Unit/Brand Fee INR 500000
Royalty/Commission 5 %
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 15 %
Likely pay back period of capital for a Unit Franchise 3-5 Years
- NA -
Karnataka, Andhra Pradesh, Telangana
- NA -
Maharashtra, Goa
- NA -
- NA -
Type of property required for this franchise opportunity Commercial
Floor area requirement 500 - 5000 Sq.ft
Preferred location of unit franchise outlet Main Road
Detailed operating manuals for franchisees Yes
Franchisee training location Pune
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
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