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JD Enterprises - Franchise Overview
JD Enterprises is a well-established electronics goods showroom that offers an array of consumer electronics, with a focus on delivering high-quality products through its authorized dealership. This franchise opportunity presents a promising business venture for those interested in the fast-growing electronics market, backed by the credibility and support of a trusted brand.
Franchise Cost & Setup
To get started with a JD Enterprises franchise, the franchisee needs to make an investment in the range of Rs. 50,000 to Rs. 2 lakh. This initial cost covers various expenses, including the establishment of the showroom and other necessary infrastructural requirements. In addition, a one-time franchise fee of Rs. 1 lakh is applicable, granting the franchisee the right to operate under the JD Enterprises brand name.
Royalty/Commission Structure
As part of the franchise agreement, JD Enterprises charges a royalty fee of 10% on the monthly sales. This royalty fee ensures that the franchisee benefits from continuous support, marketing assistance, and access to the company's product range. While the royalty fee may seem significant, it ensures that franchisees are aligned with the company's success and receive ongoing training and updates about the latest product trends in the market.
Return on Investment (ROI)
The expected return on investment for a JD Enterprises franchise is around 20%. This figure reflects the profitability of the business, considering the franchisee’s ability to sell electronics effectively and manage operations efficiently. With the support of the parent company’s branding and a high demand for consumer electronics, the ROI is considered favorable for those interested in entering this sector.
Payback Period
One of the most crucial factors for potential franchisees is the payback period, which refers to the time it takes to recover the initial investment. For a JD Enterprises franchise, the payback period is typically between 1 to 2 years. This relatively short payback period is an attractive feature for potential investors, indicating that the business can begin generating profits quickly after the initial investment.
Floor Area Requirements
To operate a JD Enterprises showroom, the required floor area for the franchise ranges from 500 to 1000 square feet. This space allows for an adequate display of the product range, customer interaction, and an organized layout to ensure a seamless shopping experience. A strategically located and well-designed showroom can further enhance foot traffic and sales potential.
JD Enterprises offers a lucrative franchise opportunity with a low investment threshold, a manageable payback period, and a strong return on investment. Entrepreneurs looking to enter the consumer electronics market will find this opportunity promising, supported by a reputable brand and continuous growth in the electronics industry.
Operations Commenced On 1994
Franchise Commenced On 1994
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 100000
Royalty/Commission 10 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 20 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
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Maharashtra
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Type of property required for this franchise opportunity Commercial
Floor area requirement 500 - 1000 Sq.ft
Preferred location of unit franchise outlet city
Detailed operating manuals for franchisees Yes
Franchisee training location koregaon
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
How long is the franchise term for? Lifetime
Is the term renewable? Yes
Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.
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