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Hotline: 1800 102 2007
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Magppie Retail Ltd

  • Area Req
    400 to 1000 sq.ft
  • Investment Range
    INR 30 Lac - 50 Lac
  • No. Of Dealer/Distributor
    4
Business Details
Magppie, a design led brand for premium home accessories, was launched in 2000. Today the brand has achieved international status and enjoys a presence in over 20 countries including Italy, Denmark, greece, Japan, USA and Australia. After receiving immense recognition and success in India, the brand has concentrated its efforts on retail and has forayed into opening of exclusive boutiques. Magppie`s different product lines are specially created by designers of international repute-like Karim Rashid, Michael Graves amongst others. Magppie takes inspiration from different cultures and lifestyles and supports it with better understanding of changing aspirations. Each Magppie creation is a celebration of life, a perfect blend of form, functionality and comfort. Many of them so inspiring in their overall presence that they are acknowledged as highly prized collector`s items by international museums like Museum of Modern Art (MOMA). Be it using stainless steel, or combining steel with bone china or glass, the purpose has always been to delight our customers with something that adds to their lifestyle and builds a relationship that lasts forever making the range of our products an ideal choice for corporate gifting .

Investment Details

Commenced Operations

Operations Commenced On 2000

Distribution Commenced On 2003

Distribution Details
Units

Investment INR 30lac - 50lac

Expansion Locations
North

Delhi, Haryana, Punjab

South

Andhra Pradesh

East

- NA -

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

- NA -

Union Territories

Pondicherry, Chandigarh

Franchise Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 25 %

Likely pay back period of capital for a Channel Partner one year

Property Details

Type of property required for this dealership opportunity in Mall or high stre

Floor area requirement 400 to 1000 sq.ft

Preferred location of unit dealership outlet Mall

Training Details

Expert guidance from Head Office to franchisee in opening the dealership Yes

Agreement & Term Details

How long is the dealership term for? 6 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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