Established in the year 2000, Lotus has emerged as the most favoured destination for shopping of Consumer Electronics, Home Appliances, IT and Telecom products in the states of MP, Chhattisgarh & Vidarbha region of Maharashtra.
After the success of 6 strategically located showrooms in the city of Indore, the operations have been extended to the cities of Bhopal, Ujjain, Raipur, Jabalpur Bilaspur & Nagpur – thus spreading the footprint to 8 cities in MP, CG & MH with 20 state-of-the-art stores and 5 more coming in 2023.
Operations Commenced On 2000
Franchise Commenced On 2023
Investment INR 2 Cr. - 5 Cr
Franchise/Brand Fee INR 1500000
Royalty/Commission 00 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 00 %
Likely pay back period of capital for a Unit Franchise 1-3 Years
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, 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 5000 - 5000 Sq.ft
Preferred location of unit franchise outlet PAN India
Detailed operating manuals for franchisees Yes
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? 10 Years
Is the term renewable? Yes
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