TIMEX WORLD is a multi-brand wrist watches and smart watches retail store of Timex Group India Ltd.
In US & world-wide its under name THE TIME FACTORY.
Attached will be an authorized service center with Timex Genuine Spare Parts.
Wrist-watch Brands retailed under TIMEX WORLD will be in-house brands: Timex, Helix, Versus by Versace, Ted Baker, Furla, Benetton, Addidas, Versace, Selvataro Ferragamo, Missoni & traded brands, Guess, GC, Fossil, Skagen Esprit, etc.
Smart watches and fitness bands are also retailed in the store.
Timex Group India Ltd. has its production facility in Baddi, Himachal Pradesh, headquarters in Nodia, and regional offices in Mumbai, Bangalore, Chennai, Kolkata.
Operations Commenced On 1992
Franchise Commenced On 1992
Investment INR 20lakh - 30lakh
Franchise/Brand Fee INR 100000
State Wise
Investment INR 1 Cr. - 2 Cr
City Wise
Investment INR 20lakh - 30lakh
Anticipated percentage return on investment 40 %
Likely pay back period of capital for a Unit Franchise 1-3 Years
- NA -
Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana
- NA -
Goa
- NA -
- NA -
Type of property required for this franchise opportunity Commercial
Floor area requirement 300 - 700 Sq.ft
Preferred location of unit franchise outlet tier 2
Detailed operating manuals for franchisees Yes
Franchisee training location Bangalore regional office
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? 3 Years
Is the term renewable? Yes
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