We are a consumer tech company providing end-to-end home interior solutions. We aspire to make design an integral part of all Indian Homes and be a name to reckon in the Home Interior Solutions space.
The company is set up by serial entrepreneurs with over 75 years of collective experience among themselves. The founders are an alumnus of IIMs, NITs and universities abroad. They have rich experience in retail, real estate, and technology domains and they specialize in leveraging processes and technologies to structure unorganized businesses into organized business.
MyGubbi uses an omnichannel business model wherein customer acquisition is done using online and offline channels. Once a customer is acquired, design sign-off and closure is done in our retail outlets (experience centers). Upon design sign off manufacturing of modular work is done at our factory or at our partner premises. Services (painting, false ceiling, civil work, etc.) and installation of modular work is done at client premises
We receive about 250 footfalls per outlet. Most of the footfalls are by invite only and we do not spend heavy money popularizing the outlets but for generating leads for the outlets. Generated leads are nurtured and allocated to specific outlets depending upon the customer’s convenience.
We own 5 outlets collectively in Bangalore, Chennai and Pune and are looking out to franchise the same to individuals looking for an opportunity to be associated with one of the leading and growing startup in the interior design space.
Operations Commenced On 2015
Franchise Commenced On 2019
Investment INR 30lac - 50lac
Franchise/Brand Fee INR 3000000
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Karnataka, Tamil Nadu
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Exclusive territorial rights to a unit franchisee Yes
Likely pay back period of capital for a unit franchisee 1-2 Years
Other investment requirements Salaries and rent
Type of property required for this franchise opportunity Commercial
Preferred location of unit franchise outlet Chennai and Pune
Detailed operating manuals for franchisees Yes
Franchisee training location Bangalore
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? Lifetime
Is the term renewable? Yes