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About Us:
Gem Selections is a trusted & reliable provider of natural and coloured gemstones. Remarkably, Gem Selections is the only brand in India for Government Lab Certified gemstones & has won many awards for the same.
Gem Selections is the retail brand of the company Khanna Gems Private Limited which is a leading retailer, wholesaler, importer & exporter of Gemstones, Diamonds, Jewellery, Handicrafts, Perfumes and other related products. Over the decades, Gem Selections has revolutionized the gemstones industry by developing an e-commerce ecosystem that offers path-changing, high-tech and dedicated services to its customers through multi-level technological advancements. Apart from having a strong online presence, the brand has a network of over 300 dealers across the globe and is all set to open 25 Exclusive brand outlets by 2025.
Operations Commenced On 1987
Franchise Commenced On 2019
Investment INR 10lac - 20lac
Franchise/Brand Fee INR 500000
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 40 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Other investment requirements RENTED OR OWNED Property
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, 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 Commercial
Floor area requirement 80 - 100 Sq.ft
Preferred location of unit franchise outlet Worldwide
Detailed operating manuals for franchisees Yes
Franchisee training location Gem Selections Stores
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? 6 Years
Is the term renewable? Yes
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