Business Categories
  • Area Req
    500 - 5000 Sq.ft
  • Investment Range
    INR 10 Lac - 50 Lac
  • No. Of Franchise Outlets
    Less than 10
Business Details

 

Kitchen Engineers providing functional, sophisticated, Luxury, customized modular kitchen.

 

Espacia®, a special brand by Nirmal Group, is dedicated to lend utility, personality and status to your homes.

Nirmal Group is built on the dream to bring spaces to life. Our motto is to enhance lifestyles with beauty and grace. We bring together a modern outlook that is firmly rooted in traditional Indian values.

With ESPACIA , we have worked on over 1,000 sites in the past decade.

Our objective has been to reimagine spaces that suit our clients’ needs. With the material of European standards and customized service, we provide you with highly functional and sophisticated interiors and modular furniture.

Premier End to end modular kitchen solutions, 1,000+ clients, growth rate cagr 15%, promoters with 18 yrs of industry experience Looking for the Investment for opening multiple outlets Pan India and Franchisee development

Investment Details

Commenced Operations

Operations Commenced On 2009

Franchise Commenced On 2020

Franchise Details
Units

Investment INR 10lac - 20lac

Franchise/Brand Fee INR 200000

Royalty/Commission 5 %

Master / Multi Units

Region Wise

Investment INR 30lac - 50lac

Commission 5 %

City Wise

Investment INR 10lac - 20lac

Unit/Brand Fee INR 500000

Royalty/Commission 5 %

Expansion Locations
North

- NA -

South

Karnataka, Andhra Pradesh, Telangana

East

- NA -

West

Maharashtra, Goa

Central

- NA -

Union Territories

- NA -

Franchise Details

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

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 500 - 5000 Sq.ft

Preferred location of unit franchise outlet Main Road

Training Details

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

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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