Evok is a well known Brand in Organised Furniture, Modular Kitchen and Home Decor Furnishing. With its 70 Direct / Indirect outlet presence on Pan India basis, Evok is the leading player in Modular Kitchen Segment and among top 5 in Furniture Segment. Evok is backed by a Strong Brand "Hindware" No. 1 player in Bathroom Segment.
On the Industry Front, based on the surveys done, Home Furniture Industry in India is 45000 Cr. and expected to grow @ 20% CAGR, while Modular Kitchen Industry is expected to grow at 30% CAGR in next 5 Years.
Evok to become the prominent Player in Organised Furniture & Modular Retail Kitchen is planning to add another 150 outlets on Pan India Basis in next 2-3 years.
We are planning to come aggressively through Franchisee Route in Tier 2 & Tier 3 Cities. We want Franchisee for Modular Kitchen & Furniture with having an Investment of 35 Lacs with 3500 Sq. ft Area and 20 Lacs with 1500 Sq. ft Area respectively.
Plan your future growth with us and become a leading business owner in home decor industry!
Thanks & Regards
Evok - Hindware Home Private Limited Team
Operations Commenced On 1960
Franchise Commenced On 2010
Investment INR 20lac - 30lac
Franchise/Brand Fee INR 3 lacs
Royalty/Commission 20-30% %
|Types of Channels||Investment (If any)||Margin / Commissions||Area Requirement|
|Retailer||20-30%%||3500 - Sq.ft|
|Retailer||Rs. 10lac - 20lac||15-20%%||1000 - Sq.ft|
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal
Kerala, Karnataka, Tamil Nadu
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
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to unit franchisee Yes
Anticipated percentage return on investment 15-20% %
Likely pay back period of capital for a unit franchisee 1-2 years
Other investment requirements As per Negotiation
Type of property required for this franchise opportunity Good Location
Floor area requirement Any Floor
Preferred location of unit franchise outlet Tier 2 & Tier 3 Location
Detailed operating manuals for franchisees Yes
Franchisee training location Head Office and On SIte
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? 1 Year
Is the term renewable? Yes