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SKV Wedding Solutions Franchise Opportunity
SKV Wedding Solutions is an emerging startup based in Delhi that offers a wide range of wedding-related services. Specializing in catering to couples’ needs, SKV provides unique and customized solutions for weddings, ensuring that each event is a memorable and flawless experience. From the comfort of their homes, couples can access a variety of services that range from wedding planning, décor, catering, and more, all designed to meet their specific preferences and requirements.
The wedding industry in India is vast, with a market value of over Rs. 100,000 crore and growing annually at an impressive rate of 25 to 30%. This rapid growth is driven by the increasing demand for more personalized, high-end wedding experiences, as well as the rising willingness of couples and their families to invest significant amounts in their weddings. The cost of a wedding in India, especially for high-budget celebrations, can range anywhere between Rs. 5 lakh to Rs. 5 crore, depending on the scale and extravagance of the event. With around 2 crore weddings taking place in India each year, the market for wedding services is enormous, and there is ample opportunity for those looking to enter the industry.
Recognizing this immense potential, SKV Wedding Solutions is offering an exciting franchise opportunity to aspiring entrepreneurs who wish to be part of this rapidly growing sector. SKV Wedding Solutions seeks to expand its reach and is inviting franchisees who are eager to become part of the wedding services industry, offering lucrative returns and ample business growth potential. The company offers an attractive franchise model, designed for individuals or businesses that are passionate about weddings and the wedding planning process. The initial investment requirement ranges between Rs. 1 lakh and Rs. 3 lakh, which includes both sales and setup costs, making it an accessible opportunity for those looking to enter the business with a relatively low capital requirement.
Franchisee Model and Investment
The investment for a SKV Wedding Solutions franchise is highly reasonable, considering the huge potential for profits. Franchisees are required to invest between Rs. 1 lakh to Rs. 3 lakh. This covers the cost of setting up the business, including the purchase of necessary equipment, technology setup, branding, and initial stock of wedding-related products and services that can be offered to clients. Additionally, the franchisee will need to employ a team of 3-4 sales and service staff who will be responsible for driving sales and providing excellent service to customers.
This investment will provide access to SKV Wedding Solutions’ tried-and-tested business model, which has been designed to maximize profitability and minimize operational risks. The company offers an extensive range of services to its customers, from wedding planning to vendor coordination, and much more. By leveraging the SKV Wedding Solutions brand, franchisees gain the advantage of established market credibility, a strong customer base, and access to a range of marketing and operational support that ensures business success.
Desired Franchisee Profile
SKV Wedding Solutions is looking for passionate, driven individuals who have a strong entrepreneurial spirit and are eager to take advantage of the immense growth potential offered by the wedding industry. The ideal franchisee should have the following qualifications and attributes:
Benefits of Joining SKV Wedding Solutions
Operations Commenced On 2015
Franchise Commenced On 2015
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 000
Royalty/Commission 35 %
Region Wise
Investment INR 50000 - 2lakh
Commission 35 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 35 %
Likely pay back period of capital for a Unit Franchise 2 - 6 Months
Other investment requirements A small office with 2-3 sales people
Delhi
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Detailed operating manuals for franchisees Yes
Franchisee training location Delhi
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? 2 Years
Is the term renewable? Yes
Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.
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