Luxor - Franchise

Luxor - Franchise
Category : Dealers And Distributors Investment: Rs. 2 Lac - Rs. 5 Lac 50 250 Sq. Feet 30

The Luxor Group

India’s Leading Writing Instrument Conglomerate The Luxor Group, a progressive conglomerate, is the well known manufacturer of writing instruments in India with interests in Real Estate, Hospitality and Retail. Being a pioneer in writing instruments manufacturing, Luxor introduced world-famous brands like Parker, Pilot, Papermate and Waterman in the Indian market. Established in the year 1963, Luxor offers an incredible range of writing solutions with products being exported to over 75 countries across the globe. The company operates in international market through its division, Luxor International, having office in Germany and sales affiliates across 85 countries. Luxor, under its brand name, offers over 200 SKUs including electronic calculators, spiral notebooks, office pads, youth series notebooks and desktop sets. Based on the immense understanding of the market, Luxor has ventured into retail business with launch of ‘Luxor Signature’ and ‘Luxor Express’ retail outlets. Presently, Luxor has one Flagship Store in addition to 30 shops in shop kiosks across India. The Group’s success can be credited to its perpetual commitment to Innovation, Quality and Values that reinforce its rapid growth across new and diverse ventures – taking the Group ahead towards its vision.

Franchise Facts

Associate with... The Leader in Writing Solutions Luxor is a very well recognized brand in the category it serves. To maintain its market leadership in the business, Luxor wants to expand its presence in multiple markets simultaneously. And so it has chosen to expand through franchising.

Why Partner with Luxor?

  • Market share: over 20%
  • Export market share: over 15%
  • ISO-9002 certification for unsurpassed product quality
  • Conforms to internationals norms and standards
  • Well-qualified engineers for R&D
  • 7 company-owned production facilities
  • Over 200 SKUs
  • Pioneers in Pigment Fluorescent Highlighters, Xylene Free Markers, Ceramic Roller Pens, Needle Point Pens, OHP pens etc.
  • First company recognized by the Govt. of India as an Export House Manufacturing and Exporting Quality Writing Instruments

Franchise Profile

Management: Ability to manage human resource/ follow guidelines/impressive interpersonal skills and willing to devote time to this business Experience: Prior experience in Retail Industry will be preferred however it’s not mandatory as the franchise program has been developed to train franchises on operations. Financially Viable: The franchise should be willing to invest not only in the business but in region-wise promotion of the brand also. Good communication: Franchisee should maintain good and effective communication with the employees, vendors, retailers, customers & other key stakeholders in the business. Leadership: Franchisee should be pro-active and be able to work together, share ideas, and resolve issues together. Should be prepared to play many sub-roles including delivering orders, maintain relationship with customers, resolving discrepancies, etc. Extensive Franchisor Support All the franchisees are put through a highly focused support system which educates them on utilizing their entrepreneurial skills to become highly efficient and happy franchisees. Location & Set Up: Comprehensive turn-key assistance from site selection to setup and start operations, besides layout, design and architectural support would be provided. Pre-opening: Assistance in ordering of equipment, preparation and issue of PO to approved vendors, negotiation of terms and organizing of lease monitoring of showroom fabrication apart from daily/ weekly assistance in service operations would be offered. Recruitment & Motivation: The franchisor will assist in recruitment of suitable candidates and also help with programs to keep them motivated. Training: Comprehensive training would be provided on service operations, standard check up procedures, accounting, inventory control etc. Employees from all verticals would be trained on regular basis to help in continuously grooming and enhancing operating efficiencies of employees. Promotions:  The franchisor will organize specific marketing/ branding events at the national level including participation in the related retail expos/ sponsoring such events, tie ups with magazines/ newspapers etc and much more to promote its each Franchisee outlet.

Luxor - Franchise Investment Details

Commenced Dates

Date Commenced Operations 1963
Date Commenced Franchising / Distribution

2013

Franchise Details

Units

Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 2lac - 5lac 50,000-1,000,000 25%

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 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 32 %
Likely pay back period of capital for a unit franchise 6 months- 1 year
Other investment requirements No

Luxor - Franchise Training Details

Detailed operating manuals for franchisees Yes
Where is franchisee training provided? At the Head 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

Luxor - Franchise Property Details

Type of property required for this franchise opportunity Commercial/Highstreet/Malls
Floor area requirement 50 sq ft-250 sq ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet Pan India

Luxor - 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
Luxor - Franchise

Luxor - Franchise

Category : Dealers And Distributors
Area Req : 50 250 Sq. Feet
Franchise Outlets : 30
Investment: Rs. 2 Lac - Rs. 5 Lac

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