NASCO Retails Pvt. Ltd. is a prominent retail chain operating primarily in Kerala, known for providing a modern retail shopping experience at its NASCO stores. The company focuses on delivering a comprehensive range of products across various categories, including groceries, electronics, fashion, and home essentials. Its modern retail environment is designed to cater to the evolving needs of consumers, offering quality products at competitive prices. NASCO Retails is dedicated to enhancing customer satisfaction by offering convenience, value, and a wide assortment of goods under one roof, making it a popular shopping destination in Kerala.
Mission
“To provide customers with a superior retail experience by offering high-quality products, exceptional service, and value for money in a convenient and modern shopping environment.”
Vision
“To become a leading retail chain recognized for innovation, customer-centricity, and sustainable growth, while enriching the shopping experience across Kerala and beyond.”
If NASCO Retails Pvt. Ltd. offers franchise opportunities, their franchise model would likely focus on expanding their retail presence across Kerala and beyond, leveraging local entrepreneurs to establish new store locations. Here’s an outline of what their franchise opportunity could look like, based on standard retail franchise structures:
NASCO Retails Franchise Opportunity Overview
Key Expansion Focus Areas:
New Store Openings:
Expanding into semi-urban and suburban areas to capture a broader customer base.
Franchise Model Expansion:
Offering franchise opportunities to local entrepreneurs, enabling faster and wider growth across Kerala.
Supporting franchisees with training, inventory, and marketing to maintain brand consistency and service quality.
Product Range Expansion:
Diversifying the product range to meet the preferences of local customers, including groceries, electronics, fashion, and household essentials.
Introducing private label products to enhance margins and offer unique items at competitive prices.
Technological Advancements:
Implementing technology in-store operations, such as POS systems and inventory management, to streamline processes.
Operations Commenced On 2019
Franchise Commenced On 2020
Investment INR 10lakh - 20lakh
Franchise/Brand Fee INR 350000
Royalty/Commission 20 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 20 %
Likely pay back period of capital for a Unit Franchise 1-1 Years
Other investment requirements No
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 500 - 10000 Sq.ft
Preferred location of unit franchise outlet Mall, Street Market, Ground Floor
Detailed operating manuals for franchisees Yes
Franchisee training location Onsite Training
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? 10 Years
Is the term renewable? Yes
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