Whirlpool of India Ltd. - Franchise

Whirlpool of India Ltd. - Franchise
Category : Consumer electronics Investment: Rs. 2 Lac - Rs. 5 Lac 1000 Sq. Feet 65

Whirlpool, right from its inception in 1911 as first commercial manufacturer of motorized washers to the current market position of being world's number one manufacturer and marketer of major home appliances, has always set industry milestones and benchmarks. The parent company is headquartered at Benton Harbor, Michigan, USA with a global presence in over 170 countries and manufacturing operation in 13 countries with 11 major brand names such as Whirlpool, KitchenAid, Roper, Estate, Bauknecht, Laden and Ignis. The company boasts of resources and capabilities beyond achievable feat of any other in the industry. Whirlpool initiated its international expansion in 1958 by entering Brazil. However, it emerged as truly global leader in the1980's. This encouraging trend brought the company to India in the late 1980s. It forayed into the market under a joint venture with TVS group and established the first Whirlpool manufacturing facility in Pondicherry. Soon Whirlpool acquired Kelvinator India Limited in 1995 and marked an entry into Indian refrigerator market as well. The same year also saw acquisition of major share in TVS joint venture and later in 1996, Kelvinator and TVS acquisitions were merged to create Indian home appliance leader of the future, Whirlpool India. This expanded the company's portfolio in the Indian subcontinent to washing machines, refrigerator, microwave ovens and air conditioners. Today, Whirlpool is the most recognized brand in home appliances in India and holds a market share of over 25%. The company owns three state-of-the-art manufacturing facilities at Faridabad, Pondicherry and Pune. Each of these manufacturing set-ups features an infrastructure that is witness of Whirlpool's commitment to consumer interests and advanced technology. In the year ending in March '09, the annual turnover of the company for its Indian enterprise was Rs.1,719 Crores. The company's brand and image speaks of its commitment to the homemaker from every aspect of its functioning. It has derived its functioning principles out of an undaunted partnership with the homemakers and thus a slogan of “You and whirlpool, the world's best homemaker” dots its promotional campaigns. The products are engineered to suit the requirements of ‘smart, confident and in-control' homemaker who knows what she wants. The product range is designed in a way that it employs unique technology and offers consumer relevant solutions. With over 65 Exclusive Whirlpool Brand Shops across India ; Whirlpool is looking for channel expansion by partnering with dealers / master franchisee / franchisee like you in important towns across India to open more Whirlpool Exclusive Brand Shops. The objective of expansion is to increase presence in these high potential towns, showcase Whirlpool’s strong product line to the end consumer and reinforce its leadership position in the consumer durable space If interested in our Consumer Durable Retail Outlet concept, do contact us as soon as possible.

Whirlpool of India Ltd. - Franchise Investment Details

Commenced Dates

Date Commenced Operations 1995
Date Commenced Franchising / Distribution 1995

Franchise Details

Units

Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 20lac - 30lac  0  0

Master / Multi Units

Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
State Wise Rs. 1 Cr. - 2 Cr 0 0  0
City Wise Rs. 20lac - 30lac 0 0 0

Trade Partners Detail (Dealers, Distributors, MBOs, Retailers)

Types of Channels Investment Margin Area Requirement
Dealer  Rs. 20lac - 30lac 12 %  1000 Sq. F
Retailer Rs. 20lac - 30lac 12 % 1000 Sq. F

Expansion Locations

North New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pardesh
South Kerala, Karnataka, Tamil Nadu, Andhra Pardesh
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 Nationwide
Exclusive territorial rights to a unit No
Performance guarantee to unit franchisee No
Anticipated percentage return on investment 60-75
Likely pay back period of capital for a unit franchise 1-2year
Other investment requirements No

Whirlpool of India Ltd. - Franchise Training Details

Detailed operating manuals for franchisees Yes
Where is franchisee training provided? Branch or Corporate Office
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

Whirlpool of India Ltd. - Franchise Property Details

Type of property required for this franchise opportunity

Preferred is Self Owned

Floor area requirement 1000 Sq Ft (Carpet Area) . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet High Street

Whirlpool of India Ltd. - Franchise Other Details

Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 years
Is the term renewable? Yes
Whirlpool of India Ltd. - Franchise

Whirlpool of India Ltd. - Franchise

Category : Consumer electronics
Area Req : 1000 Sq. Feet
Franchise Outlets : 65
Investment: Rs. 2 Lac - Rs. 5 Lac

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