SiriusJewels & Lifestyles Franchise Cost – How to get, Contact, Apply, Fee

Siriusjewels is a certified diamond jewelry brand for unique diamond and gold jewelry designs incorporated IN 2021. Our product range includes diamond rings, diamond earrings, diamond pendants, diamond mini-necklaces, and diamond mangalsutra, bracelets, and many more.

We have a business presence in 3 cities of Gujarat - Rajkot, Jamnagar, and Surat. We are running 4 Shop-in-Shop stores in Gujarat in partnership with other jewelers and 1 standalone store in Surat.

We are having a footfall of around 8-12 customers a day at our mini-stores and 15-20 customers per day for our standalone store.

We are now offering FOCO model franchises for our standalone Store. This is being offered with a complete exit plan as well.

 The store format starts with an initial investment of INR 2.55 crore, which consists.

• INR 1.75 Cr. for jewellery stock (fully refundable),
• INR 35 Lakhs for fixtures & furniture (partially refundable at 10% depreciation every year),
• INR 11 Lakhs for shop deposit & inauguration expense (partially refundable)
• INR 9 Lakhs on the franchise fees (non-refundable),
• INR 25 Lakhs for working Capital in Store bank accounts.

We offer a minimum guarantee of earnings for the investor, under this the franchisee gets at least INR 2.10 Lakhs per month from us. (1% of Inventory and furniture & fixture investment)

Investors are safe and sound with Store Insurance of 3 Crore against all Possibilities of Mis-happening.

Against the Total Investment of INR 2.55 crore, the INR 2.25 crore are refundable deposits that will be returned to the investor in the event of the end of the contract or early exit after the 24-month lock-in period.

The company has all the necessary licenses and certifications.

Products and Services: Diamond rings, solitaire rings, diamond earrings, diamond pendants, diamond bracelets, diamond mangalsutra, diamond necklaces, diamond mini-necklaces, platinum jewelry, gold jewelry, and diamond nose rings.

Our skilled design team has designed more than 3,000+ unique designs and we launch collections of designs every month.

Preferred Locations: Bangalore, Hyderabad, Chennai, Bhubaneswar, Kolkata, Pune, Gurgaon, Noida, Ahmedabad, Chandigarh, Jaipur, Faridabad, Ludhiana, Mumbai, Amritsar, Delhi, Gujarat, Ghaziabad, Panipat, Alwar, Sonipat, Meerut, Karnal, Bulandshahr.

What are some of the things we look for in a Franchisee?

• Purely FOCO model franchisee.
• 30% Shop rent will be born by franchise.
• You can be a part of the management of the store as well.
• Support in Local Community and Market.

Support you can expect from the company:

Under the FOCO model, we will take care of all the store operations and expenditures including 70% shop rent, electricity, staff salary and incentive, customer hospitality, and CC swipe charges.

• We will identify the store site, and do all the interior work as well.
• We will hire, train, and manage the staff.
• Take care of all marketing and advertising.
• Product inventory.
• Minimum guaranteed return of INR 2.10 lakh per month.
• Competitive margins on sales.
• Franchise can pre-exit after lock-in period of 24 months, with 3 months' notice.