Incepted in 1955 by Shri. Madhavrao Ashtekar, who hailed from a distinguished lineage of family jewellers.
Today we have carved a niche as one of the eminent jewelers of Pune by blending the ethos of our founding father, exquisite tradition of craftsmanship and modern sensibilities.
Ensuring the endearing legacy are the three pillars of the organization Mr. Dinkar Ashtekar, Mr. Pushkar Ashtekar, and Mr. Tushar Ashtekar.
In the year 2014, the young and dynamic duo of Mr. Tushar Ashtekar and Pushkar Ashtekar took over the reigns and charted a new course of excellence
Unveiling of new brand identity, vision and mission along with a consolidated marketing approach.
Since then we have scaled one peak of success after another with 3 new branches and 1 franchise outlet and marked our emergence as a rising force of jewellery sector in Maharashtra, India.
M B Ashtekar Jewellers are looking for Business associates, Partners, Investors and Franchisers to achieve the set goals.
Following are the two primary ways one can partner with us:
We are offering our franchise in FOFO and FOMO module:
Who can associate with us?
Operations Commenced On 1955
Franchising / Distribution Commenced On 2018
Investment INR 2 Cr. - 5 Cr
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Anticipated percentage return on investment 30 %
Likely pay back period of capital for a unit franchise 1-2 Years
Other investment requirements no
Type of property required for this franchise opportunity Commercial
Floor area requirement 500 - 800 Sq.ft
Preferred location of unit franchise outlet High Street,Mall ,Local Market
Franchisee training location Head Office
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? 5-No of years Years
Is the term renewable? Yes