05/12/2024 Jewelry - Watches
The jewelry business in India has remained thriving due to its deep cultural and traditional ties, particularly when it comes to gold. Owning a jewelry franchise, especially with a prestigious brand like Kalyan Jewellers, presents a promising business opportunity.
But what does it take to become a Kalyan Jewellers franchisee? How much does it cost, and what are the key requirements? Here’s a simple breakdown of the expenses involved:
Franchise Fee: To become a Kalyan Jewellers franchisee, a one-time investment of ₹50 lakh to ₹1 crore is required for the use of the brand name.
Store Setup: The cost to set up the showroom can range from ₹1 crore to ₹5 crores, depending on location and size.
Marketing: Marketing and advertising expenses typically range from ₹50 lakh to ₹1 crore to promote your store.
Working Capital: You’ll need ₹50 lakh to ₹1 crore in working capital to manage day-to-day operations.
Space Requirement: The store should be between 1,000 to 1,500 square feet and accommodate 8 to 10 staff members.
Other Costs: Additional costs may include legal fees, operational expenses, and ongoing promotional activities.
Franchise Agreement: The franchise agreement typically lasts for 10 years, with provisions for investment, activity management, and other obligations.
This breakdown provides a clear picture of what it takes to run a Kalyan Jewellers franchise and the potential costs involved
The jewelry business in India has remained thriving due to its deep cultural and traditional ties, particularly when it comes to gold. Owning a jewelr...
Exploring Nose Pin? Explore exquisite diamond and gold nose pins. Modern nose pin designs at the best price at Candere by Kalyan Jewellers.
Browse here 300+ chain designs for men & women at the best price. Shop now at Candere by Kalyan Jewellers.
Confused about Jhumkas and Earrings? Explore 100+ of the latest collections of traditional and bridal gold jhumka designs at the best offer price. Sho...
More Details