Timex World - Franchise
Timex Franchise Timex is an iconic American heritage watch brand renowned for its timeless designs. Founded in 1854, Timex has established a tradition of creating high-quality, innovative watches to suit the needs of every customer.
- The company’s first store was launched in 2005 in India and currently has 90 outlets and the brand is expected to take its store count to 120 by 2017.
- Strong market presence with 90 Timex World stores in PAN India.
- Timex World’s are present in more than 41 cities spread across 16 states.
- Strong portfolio of brands spread across various segments from entry level to mid premium segment.
Brands Worldwide: TIMEX, Versace, Versus Versace, Guess, GC, Nautica, Opex Paris, Helix , Tarun Tahiliani and more. Comprehensive Support to Franchisees:
- Marketing & Promotional
- Operational
- Inventory Management
Read franchise requirements below and become the Franchisee today.
Timex World - Franchise Investment Details
Commenced Dates
| Date Commenced Operations | 1988 |
| Date Commenced Franchising / Distribution | 2005 |
Franchise Details
Units
| Area | Investment | Franchise/Brand Fee | Royalty/Commission |
| Store Wise | Rs. 20lac - 30lac |
Expansion Locations
| North | New Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttaranchal, Uttar Pradesh |
| South | Kerala, Karnataka, Tamil Nadu, Andhra Pradesh |
| East | Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa |
| West | Gujarat, Rajasthan, Maharashtra, Goa |
| Center | Central, Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand |
| Union Territories | Andaman & Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu |
Franchise Details (Optional)
| Want to expand | International, Nationwide |
| Exclusive territorial rights to a unit | No |
| Performance guarantee to unit franchisee | No |
| Anticipated percentage return on investment | 40 |
| Likely pay back period of capital for a unit franchise | 3 - 5 Year |
| Other investment requirements | No |
Timex World - Franchise Training Details
| Detailed operating manuals for franchisees | Yes |
| Where is franchisee training provided? | At the 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 |
Timex World - Franchise Property Details
| Type of property required for this franchise opportunity | |
| Floor area requirement | 250 - 600 Sq.ft . (1 Sq Meter = 10.76 Sq Ft.) |
| Preferred location of unit franchised outlet | Malls , High streets |
Timex World - Franchise Other Details
| Do you have a standard franchise agreement? | Yes |
| How long is the franchise term for? | 3 years |
| Is the term renewable? | Yes |
Timex World - Franchise
Category : Consumer electronics
Area Req : 250 - 600 Sq. Feet
Franchise Outlets : 50-100
Investment: Rs. 20 Lac - Rs. 30 Lac
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