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MB Ashtekar Jewellers Pvt Ltd

  • Area Req
    500 - 800 Sq.ft
  • Investment Range
    INR 2 Cr - 5 Cr
  • Franchise Outlets
    Less than 10
Business Details

About Us:

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.

Franchisee Details:

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:

  • FOFO stands for FRANCHISE OWNED FRANCHISE OPERATED
  • FOMO stands for FRANCHISE OWNED MANAGEMENT OPERATED
  • Investors in the form of preferential shareholders, venture capitalists and equity share holders are also welcome

Who can associate with us?

  • We are looking for go-getters who want to start their own enterprises in India
  • Visionaries who are looking at the wonderful possibilities India offers
  • Smart investors looking for minimum risk and maximum returns venture
  • Dynamic individuals who want to venture into gems/jewellery sector

 

 

Investment Details

Commenced Operations

Operations Commenced On 1955

Franchising / Distribution Commenced On 2018

Franchise Details
Units

Investment INR 2 Cr. - 5 Cr

Expansion Locations
North

- NA -

South

- NA -

East

- NA -

West

Maharashtra

Central

Bihar

Union Territories

- NA -

Franchise Details

Anticipated percentage return on investment 30 %

Likely pay back period of capital for a unit franchise 1-2 Years

Other investment requirements no

Property Details

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

Training Details

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

Agreement & Term Details

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

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