Magpie is a premium home accessories brand from India with its origins dating back to beginning of this century, i.e. year 2000. The company is part of an established 30 year old business group from India with core competence in Manufacturing, Retailing & Reality. Magpie is the recipients of three consecutive Red Dot Design Awards in last three years and many other design global citations. Magpie designed products have been enshrined as prixed collector pieces by international museums like Museum Of Modern Art (MOMA) San Francisco. Magpie products over years have now become part of folklore in celebrity designer homes & are sold in top of the retail stores & independent boutiques worldwide. Our wares are sold internationally across 20 countries including Italy, Denmark, Netherlands, Belgium, Switzerland, Greece, U.S.A., Australia, Japan, etc. Increasingly magpie is setting up flagships stores in some of the biggest cities in the world. We currently have 10 such boutiques within India & Australia. At Magppie, design=DNA, Magppie is the first Indian company to have ever won red dot international design award-not once, but thrice in three consecutive years. WHY PARTNER WITH MAGPPIE ?
Date Commenced Operations | 2000 |
Date Commenced Franchising / Distribution | 2013 |
Area | Investment | Franchise/Brand Fee | Royalty/Commission |
Store Wise | Rs. 50lac - 1 Cr. | INR 18 Lakhs |
North | New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal |
South | Kerala, Karnataka, Tamil Nadu |
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 |
Want to expand | Nationwide |
Exclusive territorial rights to a unit | Yes |
Performance guarantee to unit franchisee | No |
Anticipated percentage return on investment | 30% |
Likely pay back period of capital for a unit franchise | 3.8 Years |
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 | High Street/Mall |
Floor area requirement | 1000sqft-1200sqft . (1 Sq Meter = 10.76 Sq Ft.) |
Preferred location of unit franchised outlet | Metro Cities |
Do you have a standard franchise agreement? |
Yes |
How long is the franchise term for? | 5 years |
Is the term renewable? | Yes |
Category : Furniture home decor and furnishing
Area Req : 1000 - 1200 Sq. Feet
Franchise Outlets :
Investment: Rs. 50 Lac - Rs. 1 Cr