Magppie - Franchise

Magppie - Franchise
Category : Furniture home decor and furnishing Investment: Rs. 50 Lac - Rs. 1 Cr 1000 - 1200 Sq. Feet

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 ?

  •  MDS ( Magppie Digital Studio) is a dedicated team of product designers and technical engineers, who contribute to the design needs of the various business segments at Magppie.
  • The various design projects are based on consumer researches and sales feedback. The designers keep abreast with new innovations in manufacturings processes and materials as well as the forecasted industry trends.
  • The team also conducts workshops and projects at premier design institutes with young students to encourage fresh ideas and enhance creative thinking.
  • Apart from product designers, the studio comprises of Graphic designers, as well as packaging designers, who cater to Magppie brand as well as our client's need for catalogues, advertisemnets, POS material, Packaging, etc.

Magppie - Franchise Investment Details

Commenced Dates
Date Commenced Operations 2000
Date Commenced Franchising / Distribution 2013
Franchise Details
Units
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 50lac - 1 Cr. INR 18 Lakhs
Expansion Locations
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
Franchise Details (Optional)
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

Magppie - Franchise Training Details

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

Magppie - Franchise Property Details

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

Magppie - Franchise Other Details

Do you have a standard franchise agreement?
Yes
How long is the franchise term for? 5 years
Is the term renewable? Yes
Magppie - Franchise

Magppie - Franchise

Category : Furniture home decor and furnishing
Area Req : 1000 - 1200 Sq. Feet
Franchise Outlets :
Investment: Rs. 50 Lac - Rs. 1 Cr

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