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  • Area Req
    1200 - 2500 Sq.ft
  • Investment Range
    INR 5 Lac - 10 Lac
  • Franchise Outlets
    Less than 10
Business Details

About Us:

Established in the year 2017, The Bag Spot.com in Vellore is a top player in the category Bag Shops in the Vellore. This well-known establishment acts as a one-stop destination servicing customers both local and from other parts of Vellore. Over the course of its journey, this business has established a firm foothold in it’s industry. The belief that customer satisfaction is as important as their products and services, have helped this establishment garner a vast base of customers, which continues to grow by the day. This business employs individuals that are dedicated towards their respective roles and put in a lot of effort to achieve the common vision and larger goals of the company. In the near future, this business aims to expand its line of products and services and cater to a larger client base. In Vellore, this establishment occupies a prominent location in Katpadi. It is an effortless task in commuting to this establishment as there are various modes of transport readily available. It is at No. 107, RMT Complex, Chittoor-Vellore Main Road, Vallimalai Signal, Katpadi, Near Katpadi Police Station, Opposite to CANARA Bank, Katpadi, Vellore-632007 which makes it easy for first-time visitors in locating this establishment. It is known to provide top service in the following categories: School bags, College Bags, Travel Bags, Ladies Handbags, Purses, Jute bags etc.

Investment Details

Commenced Operations

Operations Commenced On 2017

Franchising / Distribution Commenced On 2018

Franchise Details
Units

Investment INR 5lac - 10lac

Franchise/Brand Fee INR 100000

Royalty/Commission 6 %

Expansion Locations
North

- NA -

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

Franchise Details

Exclusive territorial rights to a unit franchise Yes

Anticipated percentage return on investment 500 %

Likely pay back period of capital for a unit franchise 3-11 Months

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 1200 - 2500 Sq.ft

Preferred location of unit franchise outlet Retail Commercial Area

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location @Vellore

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

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5-No of years Years

Is the term renewable? Yes

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