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Complete Guide to Kalyan Jewellers Franchise Cost in India
Description: 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
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