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MB Ashtekar Jewellers Pvt Ltd

  • Area Req
    500 Sq.ft
  • Investment Range
    Rs. 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 lincage of family jewelers.Today we have carved a niche as one of the eminents jewelers of pune by blending the ethos of our founding father ,exquisite tradition of craftsmanship and modern sensibilties.Ensuring the endearing legacy are the three pillars of the organization Mr.Dinkar Ashtekar , Mr.Pushkar Ashtekar And Mr.Tushar Ashtekar.

Investment Details

Commenced Operations

Operations Commenced On1955

Franchising / Distribution Commenced On2018

Franchise Details
Units

Area500

Investment Rs. 2 Cr. - 5 Cr

Franchise/Brand Fee - NA -

Royalty/Commission- NA -

Expansion Locations
North

- NA -

South

- NA -

East

- NA -

West

Maharashtra

Central

Bihar

Union Territories

- NA -

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 30

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

Other investment requirements no

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 500

Preferred location of unit franchise outlet High Street,Mall ,Local Market

Training Details

Detailed operating manuals for franchisees No

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 Year

Is the term renewable? Yes

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