NEXT Retail India Ltd. is India’s largest electronic Retail Chain. Incorporated in 2003, NEXT is one of the emerging giants in organized retailing of consumer electronics, home appliance, IT, imaging, accessories and small home appliances. It has been formed to tap the immense potential promised by the retail industry. Our Vision The vision of NEXT Retail India Ltd. is to be the number one in the retail field in our category and to become a globally recognized company through innovation, passion through quality, freedom through empowerment and cost through volumes. We should imbibe a world class system to bring in delight to all our associates and the society at large. Our Mission The mission of our enterprise is to create unique customer satisfaction through innovation, quality, productivity, human resource development, continuously striving for excellence with pride in our values and confidence in our approach. THE ‘NEXT’ ADVANTAGE: INDIA’S LARGEST ELECTRONICS RETAIL CHAIN: Join hands with India’s largest electronics retail franchise chain! Within just few years of its inception, NEXT has successfully expanded to over 500 retail showrooms all across India. The NEXT Advantage: • India’s largest electronics retail chain ! • All leading brands under one roof-the one stop shop for consumer durables / IT products! • Best operating systems for better controls ! • Honoured as “India’s No. 1 in Customer Satisfaction” in the consumer durables category by Synovate India Retail Brands Survey 2007 ! If interested in our retail franchise concept, do contact us as soon as possible.
Operations Commenced On 2004
Franchise Commenced On 2004
Investment INR 30lakh - 50lakh
Franchise/Brand Fee INR 1 lacs
Royalty/Commission 8% mirgin on gross s %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 25% %
Likely pay back period of capital for a Unit Franchise 2 years
Other investment requirements no
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
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 1000 sqf carpet
Floor area requirement ground floor
Preferred location of unit franchise outlet prime location
Detailed operating manuals for franchisees Yes
Franchisee training location on site / off site
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? 5 Years
Is the term renewable? Yes
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