Business Details
Princeware International (Princeware) is today synonymous with quality, excellence and reliabillity. The brand offers affordable and value-added luggage, crafted from rugged materials and engineered to last.The demand of quality luggage has surged in the market, and today opens a wide opportunity window for luggage manufacturing and retailing companies.
Franchisor Support:-
WHY FRANCHISE WITH PRINCEWARE ?
Commenced Dates
| Date Commenced Operations | 1979 |
| Date Commenced Franchising / Distribution | 2013 |
Franchise Details
Units
| Area | Investment | Franchise/Brand Fee | Royalty/Commission |
|---|---|---|---|
| 250 -350 Sqft | Rs. 10lac - 20lac | INR 1.5Lacs |
Master/ Multi Units
| Area | Investment | Unit/Brand Fee | Master/Brand Fee | Royalty/Commission |
| City Wise | Rs. 10000 - 50 K | NIL | NIL |
|
| State Wise | Rs. 10000 - 50 K | NIL | NIL |
|
| Region Wise | Rs. 10000 - 50 K | NIL | NIL |
Expansion Locations
| North | Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal |
| South | Karnataka, Kerala, Tamil Nadu |
| East | Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal |
| West | Goa, Gujarat, Maharashtra, Rajasthan |
| Center | Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh |
| Union Territories | Andaman and Nicobar, Chandigarh, Daman and Diu, Lakshadweep, Pondicherry |
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 | 66% |
| Likely pay back period of capital for a unit franchise | 1.5 year |
| Other investment requirements | No |
| Detailed operating manuals for franchisees | Yes |
| Where is franchisee training provided? | At franchisee\'s 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 |
| Type of property required for this franchise opportunity | With Frountage |
| Floor area requirement | 250 -350 Sqft |
| Preferred location of unit franchised outlet | In public/business/traveels vicinity |
| Do you have a standard franchise agreement? | Yes |
| How long is the franchise term for? | 5 Year |
| Is the term renewable? | Yes |
Category : Hotel Travel & Tourism
Area Req : 250 -350 Sq. Feet
Franchise Outlets :
Investment: Rs. 10 Lac - Rs. 20 Lac