Franchise Opportunity for OCASSIONZ
NaMo Gifting Solution Point, established in 2019, is a subsidiary aimed at expanding the reach of its parent company, M/s Manasvi Gifting & Trading Company. The primary focus of NaMo Gifting Solution Point is to cater to the corporate gifting market, offering a wide variety of products ranging from gold leaf articles, resin god idols, and stainless steel bottles to customized diaries, body bath gift packs, and promotional bags. These products are imported from China and distributed across India, offering a range of affordable yet high-quality gifting solutions to businesses.
Business Model and Offerings
The company’s offerings are diverse and include corporate gifts such as gold and silver articles, customized stainless steel bottles, and gift packs. NaMo Gifting Solution Point is strategically targeting large corporations, including prominent names like Balaji Telefilms and Thump Print, with the goal of securing bulk orders for corporate gifts. Additionally, the company collaborates with renowned temple trusts, including Nashik Saptashurangi Maa Devi Trust and Siddhivinayak Temple, to supply Rexine and Wax Murties, further expanding its market reach.
One of the brand’s key strengths is its association with the OCASSIONZ brand, which is ranked 4th in India for gold leaf articles. The products under this brand include pure silver and gold articles, which can be customized according to the client’s needs. The company also supplies various products like patterned lock diaries, plastic and stainless steel tiffin boxes, and innovative promotional items such as bags with LED lights to display company logos.
Additionally, the company’s recent venture into customized promotional products, such as personalized stainless steel bottles and soap dispensers for pharma companies, further establishes NaMo Gifting Solution Point as a versatile player in the gifting and promotional products market. The company’s slogan, “A One Stop Shop,” reflects its ability to meet a wide range of gifting and promotional needs.
Franchise Opportunity
The franchise model for OCASSIONZ offers an exciting opportunity for entrepreneurs looking to tap into the corporate gifting market. The franchise cost is between Rs. 5 lakhs and Rs. 10 lakhs, with an additional brand/franchise fee of Rs. 80,000. Unlike many other franchise models, this one has a relatively low royalty rate of 5%, which allows franchisees to retain most of their profits.
The expected return on investment (ROI) is 25%, making this a potentially profitable venture, especially with the short payback period. Franchisees can expect to recover their investment within 3 to 9 months, depending on business performance, which is an attractive feature for those looking for quick returns.
Floor Area and Setup
The franchise setup requires a floor area of 180 to 450 square feet. This range provides flexibility, allowing franchisees to establish their business in various locations, from smaller retail shops to more expansive outlets suited for wholesale business operations.
NaMo Gifting Solution Point presents a unique opportunity for investors interested in the corporate gifting and promotional products sector. With its wide range of customizable products, strong brand associations, and quick ROI, this franchise opportunity can be a lucrative business for aspiring entrepreneurs. The blend of high-quality products, low royalty fees, and a fast payback period makes it an attractive venture in a growing market.
Operations Commenced On 2014
Franchise Commenced On 2016
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 80000
Royalty/Commission 5 %
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 25 %
Likely pay back period of capital for a Unit Franchise 3-9 Months
Other investment requirements No
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Domestic
Floor area requirement 180 - 450 Sq.ft
Preferred location of unit franchise outlet South India
Franchisee training location Mumbai
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
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