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A Heritage of Trust and Innovation:
Founded in 1924 by Sri Fakeerchand Motiwale, a well-known trader during the Nizam era, Sri Jagdamba Pearls has remained the premier name in pearls. The brand’s journey from a humble trading venture to a giant in the jewellery industry has been nothing short of remarkable. The first retail outlet was established in 1975 by Sri Mahender Agarwal and Ravinder Agarwal. Sri Jagdamba Pearls was the first brand in Hyderabad to sell pearls over the counter, earning a place as the city's most preferred pearl retailer.
In 1999, Sri Jagdamba Pearls took its legacy into the digital era, launching India’s first online jewellery shopping. The brand further solidified its position as an industry leader by launching JPEARLS in 2009, India’s first virtual jewellery brand, allowing customers to shop for pearls from the comfort of their homes.
Franchise Opportunity:
With a strong legacy, growing customer base, and a reimagined flagship store, Sri Jagdamba Pearls is looking to expand through franchising. This is an incredible opportunity for entrepreneurs who want to partner with one of India’s most trusted jewellery brands.
The potential for growth is immense, with the brand’s strong legacy, established name, and an ever-growing demand for high-quality, unique jewellery. The relatively low initial investment and fast return on investment (within 1-2 years) make this a highly attractive opportunity for investors.
Why Franchise with Sri Jagdamba Pearls?
Sri Jagdamba Pearls offers a lucrative business model for anyone passionate about jewellery and looking to be part of a time-honored legacy that has consistently innovated and led the market for decades. Whether you're an experienced entrepreneur or someone new to the jewellery industry, the brand provides all the tools needed to succeed in a competitive market.
Operations Commenced On 1975
Franchise Commenced On 2019
Investment INR 20lakh - 30lakh
Franchise/Brand Fee INR 200000
Royalty/Commission 45 %
Anticipated percentage return on investment 100 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Delhi
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
West Bengal
Goa
- NA -
- NA -
Type of property required for this franchise opportunity Commercial
Floor area requirement 500 - 2000 Sq.ft
Detailed operating manuals for franchisees Yes
Franchisee training location HYDERABAD
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? 6 Years
Is the term renewable? Yes
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