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Foreign Exchange (FOREX)

Finwave Forex Pvt ltd

  • Area Req
    250 - 350 Sq.ft
  • Investment Range
    INR 20 Lac - 30 Lac
  • Franchise Outlets
    No Outlets
Business Details

About Us:

We are RBI approved AUTHORISED MONEY CHANGER dealing in to currency exchange and foreign wire transfer business.Started our operation in Oct 2014.Company also got best foreign exchange award from Gujarat Tourism and best performance award by ICICI BANK

we have crossed 50cr turn-over last year.

At present we have only one outlet 

Now we wanted to expand business in Gujarat and Maharashtra.

Director Bhrugesh Vyas having 15 years of experience in this field he work for PAUL MERCHANTS LTD , CENTURION BANK OF PUNJAB FOR FOREX AND MONEY TRANSFER DEVELOPMENT IN GUJARAT AND MP

COMPANY HAVE 2 DIRECTORS AND ONE INVESTOR

Investment Details

Commenced Operations

Operations Commenced On 2014

Franchising / Distribution Commenced On 2018

Franchise Details
Units
Trade partners
Types of Channels Investment (If any) Margin / Commissions Area Requirement
1 Rs. 20lac - 30lac 20% 250 - 350 Sq.ft
Expansion Locations
North

- NA -

South

- NA -

East

- NA -

West

Gujarat, Maharashtra, Rajasthan

Central

Bihar

Union Territories

- NA -

Franchise Details

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 20 %

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 250 - 350 Sq.ft

Preferred location of unit franchise outlet Ground Floor or upper level

Training Details

Franchisee training location Ahmedabad

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

How long is the franchise term for? Lifetime

Is the term renewable? Yes

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