Ranked No. 8 among the top 100 Most Wanted Franchised Brands in India
Franchisee India has ranked Prestige Xclusive as No. 8 among the Top 100 most wanted franchised brands in India, ahead of many international brands.Add to this the fact that, today, the ‘home improvement’ category is one of the fastest growing categories and is estimated to be worth over Rs. 1 lakh crores. Yet the organised retail in this category is just a few thousand crores and is largely confined to the metros and the mini metros. Also, there are very few brands in the organised category and there is no major organised player in the kitchen appliances retail segment. So the potential for growth is huge and unlimited.
The most Awarded Business Concept in the Kitchen Category
Prestige Xclusive has won the Franchisee of the Year Award eight times from Franchisee India. It has won the Retailer Excellence Award three times from Asia Retail Congress. And it has won the Franchisor of the Year Award from Franchisee Plus.
Pre requisites to becoming a Franchisee
You will require a showroom space of 300 – 800 sq. ft.
An investment of Rs. 8 – 25 lakhs depending on the class of town. This includes Rs. 3 – 6 lakhs on interiors and Rs. 5 – 19 lakhs on stock.
There’s a signing up amount (non refundable) of Rs. 37,500 – Rs. 1,50,000 depending on the class of town. A refundable deposit of Rs. 50,000 – Rs. 1,00,000 (depending on location) carrying bank rate of interest plus 2% on yearly deposit, will also be required.
You can easily expect an ROI of 18-30% p.a.
All marketing support will be provided by TTK Prestige.