Hong Kong-based electronic gadgets and accessories retailer WK lifestyle is entering the Indian market with plans to open around 200 stores in the next two years. The company is aiming to tap the fast growing mobile phone accessories market.
Apart from mobile phones accessories they also deals in gym gears, travel gears, luggage packs, office bags, bottles, camera, smart home solutions etc.
Operations Commenced On 2018
Franchise Commenced On 2020
Investment INR 50lac - 1 Cr.
Franchise/Brand Fee INR 600000
Royalty/Commission 00 %
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 100 %
Likely pay back period of capital for a Unit Franchise 1-1 Years
Other investment requirements 00
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
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 750 - 1238 Sq.ft
Preferred location of unit franchise outlet PAN
Detailed operating manuals for franchisees Yes
Franchisee training location Corporate 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? 5 Years
Is the term renewable? Yes
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