Senco Gold Ltd - Franchise

Senco Gold Ltd - Franchise
Category : Fashion Investment: Rs. 1 Cr - Rs. 5 Cr 600 - 1000 Sq. Feet 18

Senco Gold Group is a jewellery organization of rare prestige and enterprise. It has its head-office in Kolkata. Senco Gold is synonymous to imagination, inspiration and innovation. The company also stands for hallmark quality and evokes trust and respect of millions and epitomizes the zest to excel over the past six decades. The company had been defining women since 1945 and along with the evolving times, it has forayed into newer avenues. Senco Gold is majorly into retailing for the past 65 years, franchising for the past 8 years and export Today, Senco Gold boasts of 25 showrooms covering more than 33,000 sq feet and 6 more are in the pipeline. The showrooms exhibit a large variety of exquisite designs in Gold, Diamond, Precious, Semi Precious stones, Platinum and Silver jewellery for customers of various sections of the society It has been servicing more than 500,000 customers with sales staff strength of 250 qualified persons and more than 1000 skilled artisans. The cumulative production of Senco Gold consists of 25,000 pieces in a month for domestic consumer. It is also exporting exclusive handmade jewellery to USA, UK, South East Asia and the Middle East. Senco Gold is the largest Retail jewellery chain in Eastern India. We at Senco Gold offer a pleasant and delightful shopping experience by ensuring convenient store locations trusted quality, great value for money and a wide array of products. And these qualities characterize all of our stores, across the country. Over the years, Senco Gold has gained special mastery in Jewellry Manufacturing,Designing, Retailing and International Marketing. In the factories at Manikanchan Special Economic Zone, Saltlake at Kolkata, houses more than 500 workers and contributes 100,000 pieces annually to the world’s creation of beautiful gold and studded jewellery. After its success with the fine gold and diamond jewellery, the group has now launched a fashion jewellery brand “Gossip” Lifestyle Jewellery with a objective to make it India’s largest brand in this category. With the vision of being one of the best jewellery organization in the world and with the mission of providing exclusive designs and high quality products at affordable prices and best customer service, Senco Gold Ltd plans to open 50 showrooms across India by 2010 and be one of the best lifestyle brand in the country.

Senco Gold Ltd - Franchise Investment Details

commenced Dates

Date Commenced Operations 1950
Date Commenced Franchising / Distribution 2000

Franchise Details

Units

Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise

Rs. 1 Cr. - 2 Cr

   

Expansion Locations

North North, New Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttaranchal, Uttar Pradesh
South Kerala, Karnataka, Tamil Nadu
East Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa
West Gujarat, Rajasthan, Maharashtra, Goa
Center Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories  Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details (Optional)

Want to expand International, Nationwide
Exclusive territorial rights to a unit Yes
Performance guarantee to unit franchisee no
Anticipated percentage return on investment 52% - 60%
Likely pay back period of capital for a unit franchise 1-2 years
Other investment requirements  NO

Senco Gold Ltd - Franchise Training Details

Detailed operating manuals for franchisees yes
Where is franchisee training provided?  
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?  

Senco Gold Ltd - Franchise Property Details

Type of property required for this franchise opportunity High street area or mall

Floor area requirement

600 - 1000 minimum .
Preferred location of unit franchised outlet High footfall area

Senco Gold Ltd - Franchise Other Details

Do you have a standard franchise agreement?  yes
How long is the franchise term for? 2  years
Is the term renewable? yes
Senco Gold Ltd - Franchise

Senco Gold Ltd - Franchise

Category : Fashion
Area Req : 600 - 1000 Sq. Feet
Franchise Outlets : 18
Investment: Rs. 1 Cr - Rs. 5 Cr

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