Northstar Ventures

Northstar Ventures
Category : Retail Investment: Rs. 50 k - Rs. 2 Lac 50 - 200 Sq. Feet Less than 10

BUSINESS DETAILS

Ours is a  business, backed by a team of 30 skilled artisans. We create a line of designer handbags and home accessories of superior quality. Each collection is centered around a piece of art. So what you get is a limited edition, superbly crafted statement bag for every occasion.

We started out with a team in 2003. Today, we operate from a 2800 square feet manufacturing unit in Vasai, India, with a large inventory to serve our customers with speed and efficiency. Our production capacity is ten thousand pieces of various collection of bags per month. Our production process is strictly monitored at every step.

 

Retailing Opportunities:

Our products are sold at very selected locations across the country, including the chain stores such as Landmark stores, Crosswords, Mumbai and Bangalore Airport etc. The Products are unique and much in demand. On an average a retail Kiosk at malls does the business of 4-6 lack a month. Here we invite Individuals and business to become our Dealers in your city. 

 

Eligibility: You should have your own or rented space in prime location, preferably mall. Minimum space for kiosk should be 8ft X 6ft. A startup investment of 1-2 lac depending on the space you have.

Margins: 45% + the taxes on MRP ( pls note, our products are not sold below MRP price )

Northstar Ventures Investment Details

Commenced Dates

Date Commenced Operations 2003
Date Commenced Franchising / Distribution 2012


Franchise Details

Units

Area Investment Franchise/Brand Fee Royalty/Commission
50 - 200 Sq.ft Rs. 50 K - 2lac    


Master/ Multi Units

Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
City Wise Rs. 10000 - 50 K      
State Wise Rs. 10000 - 50 K      
Region Wise Rs. 10000 - 50 K      

 

Expansion Locations

North Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttar Pradesh, Uttaranchal
South Andhra Pradesh, 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 Yes
Anticipated percentage return on investment 30
Likely pay back period of capital for a unit franchise  
Other investment requirements investment in setting up the kiosk will be needed

Northstar Ventures Training Details

Detailed operating manuals for franchisees Yes
Where is franchisee training provided? on-site
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

Northstar Ventures Property Details

Type of property required for this franchise opportunity Commercial
Floor area requirement 50 - 200 Sq.ft
Preferred location of unit franchised outlet malls, high street, shop in shop

Northstar Ventures Other Details

Do you have a standard franchise agreement? No
How long is the franchise term for? 3 Year
Is the term renewable? Yes
Northstar Ventures

Northstar Ventures

Category : Retail
Area Req : 50 - 200 Sq. Feet
Franchise Outlets : Less than 10
Investment: Rs. 50 k - Rs. 2 Lac

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