About Us:
PENNYWISE is an upcoming concept for Women Apparel and Accessories Store with a definite scope of scalability. The promotors are in textile field since 20 years and have direct access to various brand factories owing to wholesale of their products.
The USP of the store is the available purchase price of the products, which gives a clear high margin than the dealerships or any other mode of business. We have an aggressive marketing policy offering best of the services and are 100 % Customer Oriented. We strive for area based demands and fulfilling the requirements. Apart from that, we offer upto 50% replacement of slow movement products per revenue month.
This Multi Brand Retail Store offers wide choice to chose upon:-
Operations Commenced On 2018
Franchise Commenced On 2019
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 100000
Royalty/Commission 25 %
Anticipated percentage return on investment 40 %
Likely pay back period of capital for a Unit Franchise 3-6 Months
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, 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 300 - 1000 Sq.ft
Preferred location of unit franchise outlet Market , Malls, Office Areas, Tourist Destinations
Detailed operating manuals for franchisees Yes
Franchisee training location Selection as per requirement
Is field assistance available for franchisee ? Yes
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? 7 Years
Is the term renewable? Yes
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