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Magppie Retail Ltd

  • Area Req
    400 to 1000 sq.ft
  • Investment Range
    Rs. 30lac - 50lac
  • Franchise Outlets
    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 On2000

Franchising / Distribution Commenced On2003

Franchise Details
Units

Area400 to 1000 sq.ft

Investment Rs. 30lac - 50lac

Franchise/Brand Fee - NA -

Royalty/Commission- NA -

Expansion Locations
North

Delhi, Haryana, Punjab

South

Andhra Pradesh

East

- NA -

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

- NA -

Union Territories

Chandigarh, Pondicherry

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 25

Likely pay back period of capital for a unit franchise one year

Other investment requirements - NA -

Property Details

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

Floor area requirement 400 to 1000 sq.ft

Preferred location of unit franchise outlet Mall

Training Details

Detailed operating manuals for franchisees No

Franchisee training location

Is field assistance available for franchisee? No

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

Current IT systems will be included in the franchise No

Agreement & Term Details

Do you have a standard franchise agreement? No

How long is the franchise term for? 6 Year

Is the term renewable? Yes

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