About Us:
Guarented is a Kalaari funded startup founded by three brilliant IIT-K alumni. We are one of the top players in Bangalore’s renting and resale market for electronic appliances and furniture products from 2015. We also have our own furniture manufacturing unit and we do sell brand new furniture in Bangalore and Hyderabad.
Launched in 2015, Guarented first started as a furniture and appliance rental platform. As the business and their reputation grew, Guarented quickly branched into the sale and manufacturing of furniture as well. As of today, the company operates in two cities - Bangalore & Hyderabad and the sells both brand new furniture and refurbished appliances.
And now we are interested in serving more and more customers so we are looking out of franchisers who are interested in working with us from different parts of the country.
Operations Commenced On 2015
Franchise Commenced On 2019
Investment INR 20lakh - 30lakh
Franchise/Brand Fee INR 200000
Royalty/Commission 25 %
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 25 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Other investment requirements 2500000
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Domestic
Floor area requirement 3000 - 3500 Sq.ft
Preferred location of unit franchise outlet anywhere except bangalore
Franchisee training location franchisee's place
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? Lifetime
Is the term renewable? Yes
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