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Next Retail India Ltd

  • Area Req
    ground floor
  • Investment Range
    Rs. 30lac - 50lac
  • Franchise Outlets
    500
Business Details

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.

Investment Details

Commenced Operations

Operations Commenced On2004

Franchising / Distribution Commenced On2004

Franchise Details
Units

Areaground floor

Investment Rs. 30lac - 50lac

Franchise/Brand Fee 1 lacs

Royalty/Commission8% mirgin on gross s

Expansion Locations
North

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

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu

East

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

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

Union Territories

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

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 25%

Likely pay back period of capital for a unit franchise 2 years

Other investment requirements no

Property Details

Type of property required for this franchise opportunity 1000 sqf carpet

Floor area requirement ground floor

Preferred location of unit franchise outlet prime location

Training Details

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

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Year

Is the term renewable? Yes

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