Nirvana is an artistic Brand and for the last 18 years we have evolved. We are into Gifts, Novelties, Men's T-Shirts, T-Shirts for Women, Kids, Bags, Stoles, Fridge Magnets, Coasters, Wallets, Shoes, Flip Flops, Books, Stationary, etc.
We have a design team inhouse and our Director is very creative and innovative designer. We do not cater to the common end user but cater to the elite and niche clients since the prices are a little high based on the art and design of a product. We are looking at expansion and would like to have franchisees PAN India and at the Global level.
We need guidance how to go about the Franchisee model. We have some requests for Franchisee setup so we are in the process of appointing a few of them.
Operations Commenced On 2000
Franchising / Distribution Commenced On 2018
Investment INR 10000 - 50 K
Investment INR 5 Cr. above
Unit/Brand Fee INR 500000
Master/Brand Fee INR 1500000
Royalty/Commission 20 %
Haryana, Himachal Pradesh, Delhi, Punjab, Uttaranchal, Uttar Pradesh
Karnataka, Kerala, Tamil Nadu, Telangana
Gujarat, Maharashtra, Rajasthan
Jharkhand, Madhya Pradesh, Bihar
Lakshadweep, Pondicherry, Andaman and Nicobar
Exclusive territorial rights to a unit franchise Yes
Anticipated percentage return on investment 25 %
Likely pay back period of capital for a unit franchise 4-5 Months
Other investment requirements 1-2 Lakhs for interiors, fixtures and furniture.
Type of property required for this franchise opportunity Commercial
Preferred location of unit franchise outlet Near Happening Places where the Upper Class, Rich and the Elite visit.
Expert guidance from Head Office to franchisee in opening the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 3-No of years Years
Is the term renewable? Yes