Business Details
Princeware International (Princeware) is today synonymous with quality, excellence and reliabillity. The brand offers affordable and value-added luggage, crafted from rugged materials and engineered to last.The demand of quality luggage has surged in the market, and today opens a wide opportunity window for luggage manufacturing and retailing companies.
Franchisor Support:-
WHY FRANCHISE WITH PRINCEWARE ?
Commenced Dates
Date Commenced Operations | 1979 |
Date Commenced Franchising / Distribution | 2013 |
Franchise Details
Units
Area | Investment | Franchise/Brand Fee | Royalty/Commission |
---|---|---|---|
250 -350 Sqft | Rs. 10lac - 20lac | INR 1.5Lacs |
Master/ Multi Units
Area | Investment | Unit/Brand Fee | Master/Brand Fee | Royalty/Commission |
City Wise | Rs. 10000 - 50 K | NIL | NIL |
|
State Wise | Rs. 10000 - 50 K | NIL | NIL |
|
Region Wise | Rs. 10000 - 50 K | NIL | NIL |
Expansion Locations
North | Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal |
South | Karnataka, Kerala, Tamil Nadu |
East | Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal |
West | Goa, Gujarat, Maharashtra, Rajasthan |
Center | Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh |
Union Territories | Andaman and Nicobar, Chandigarh, Daman and Diu, Lakshadweep, Pondicherry |
Franchise Details (Optional)
Want to expand | Nationwide |
Exclusive territorial rights to a unit | No |
Performance guarantee to unit franchisee | No |
Anticipated percentage return on investment | 66% |
Likely pay back period of capital for a unit franchise | 1.5 year |
Other investment requirements | No |
Detailed operating manuals for franchisees | Yes |
Where is franchisee training provided? | At franchisee\'s outlet |
Is field assistance available for franchisee? | Yes |
Will someone from Head Office provides assistance to franchisee in opening the franchise? | Yes |
What IT systems do you presently have that will be included in the franchise? | Yes |
Type of property required for this franchise opportunity | With Frountage |
Floor area requirement | 250 -350 Sqft |
Preferred location of unit franchised outlet | In public/business/traveels vicinity |
Do you have a standard franchise agreement? | Yes |
How long is the franchise term for? | 5 Year |
Is the term renewable? | Yes |
Category : Hotel Travel & Tourism
Area Req : 250 -350 Sq. Feet
Franchise Outlets :
Investment: Rs. 10 Lac - Rs. 20 Lac