Business Categories
Mievic Lifestyle Private Limited

Department & Convenience Stores Mievic Lifestyle Private Limited

  • 600 - 1500 Sq.ft
    Area Req
  • INR 30 Lac - 50 Lac
    Investment Size
  • Less than 10
    No. Of Franchise Outlets
  • 2019
    Establishment Year
Business Details

About Us:

Mievic is an international lifestyle fashion brand that belongs to Wenxin group, which has over thirty years of experience in retail. A global lifestyle brand, Mievic was established in 2014 and offers the very best of latest ‘in trend’ products at affordable prices in markets spread worldwide.

Currently Mievic has more than 1000 stores worldwide and has presence in over 300 cities spread across 20 countries. Mievic has entered into strategic partnerships with investors in overseas markets such as United States, Canada, Mexico, South Africa, Indonesia, Malaysia, Philippines, and Vietnam and in Middle East countries such as Saudi Arabia, Kuwait, Qatar, Iran and Iraq. Mievic is in the process of signing up with business partners in many more countries.

In its endeavor to register its footprint into huge Indian retail market, Mievic international joined hands with MIEVIC LIFESTYLE PVT LTD as its exclusive partner.

Mievic India’s vision is to be recognized as one of the most admired lifestyle fashion brand in India with innovation, leadership and customer satisfaction as our keystone values.

Mievic India has started its operations in October 2019. There are currently 3 operational (COCO) and 2 upcoming stores in India. We see tremendous potential in the Indian market and will be expanding our retail footprint to over 100 stores by March 2021.

Investment Details

Commenced Operations

Operations Commenced On 2019

Franchise Commenced On 2020

Franchise Details
Units

Investment INR 30lac - 50lac

Franchise/Brand Fee INR 800000

Expansion Locations
North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Anticipated percentage return on investment 80 %

Likely pay back period of capital for a Unit Franchise 1-6 Years

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 600 - 1500 Sq.ft

Preferred location of unit franchise outlet Malls / High Fashion Streets/ Busy Markets

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location At Franchisee Location / HO

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 Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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