Siriusjewels is a certified diamond jewelry brand for unique diamond and gold jewelry designs incorporated 3 years back. 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 3 mini-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 standalone format starts with an initial investment of INR 2.25 crore, which consists of INR 1.75 crore for jewelry stock (fully refundable), INR 35 Lakhs for fixtures & Furniture (partially refundable at 10% depreciation every Year), INR 9 Lakhs for shop deposit & inauguration expense (partially refundable) and INR 6 Lakhs on the franchise fees (non-refundable). We offer a minimum guarantee of earnings for the investor, under this the franchisee gets at least INR 2.62 Lakhs per month from us.
Investors are safe and sound with Store Insurance of 3 Crore against all Possibilities of Mis-happening.
Against the Total Investment of INR 2.25 crore, the INR 2 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?
Support you can expect from the company:
Operations Commenced On 2021
Franchise Commenced On 2022
Investment INR 2 Cr. - 5 Cr
Franchise/Brand Fee INR 600000
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 8 %
Likely pay back period of capital for a Unit Franchise 0-0 Months
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, 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
- NA -
Type of property required for this franchise opportunity Commercial
Floor area requirement 500 - 700 Sq.ft
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? 2 Years
Is the term renewable? Yes
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