Natuzzi Group was founded in 1959 by Pasquale Natuzzi, current Chairman, Chief Executive Officer and Group Stylist. It designs, produces and markets sofas, armchairs and living room accessories. Natuzzi is the largest Italian furniture company with 2009 turnover of euro 515.4 million, and is the world leader in leather upholstery. In 1993, Natuzzi Group became the only foreign furniture company to list on Wall Street. 88% of the Group’s turnover is generated outside Italy in 123 countries and holds its major market shares in Europe (61%) and Americas (29%).Natuzzi group has 3 brands –• The signature brand offers a wide range of high-end products delivering premium quality in terms of creativity, design, choice of materials and finish ITALSOFA: www.italsofa.com • The young living brand in the upholstery market is targeted at consumers looking for modern, young and smart lifestylesEDITIONS: • Editions offers leather upholstered furniture in styles to suit every taste & situation and tailored for best value for moneyThe Natuzzi Group made its entry into India in January 2010 and has quickly established itself with stores in Delhi, Gurgaon, Bangalore, Hyderabad, Kolkata and Mumbai (opening Dec2011).Read franchise Requirements below and become a Franchisee Today.
Commenced Dates
Date Commenced Operations | 2010 |
Date Commenced Franchising / Distribution | 2010 |
Franchise Details
Units
Area | Investment | Franchise/Brand Fee | Royalty/Commission |
Store Wise | Rs. 1 Cr. - 2 Cr |
Expansion Locations
North | North, New Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttaranchal, Uttar Pardesh |
South | South, Kerala, Karnataka, Tamil Nadu, Andhra Pardesh |
East | East, Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa |
West | West, Gujarat, Rajasthan, Maharashtra, Goa |
Center | Central, Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand |
Union Territories | Union Territories, Andaman & 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 | NA |
Likely pay back period of capital for a unit franchise | 1-2 years |
Other investment requirements | NA |
Detailed operating manuals for franchisees | Yes |
Where is franchisee training provided? | |
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 | |
Floor area requirement | 2500-6000 sq ft . (1 Sq Meter = 10.76 Sq Ft.) |
Preferred location of unit franchised outlet |
Do you have a standard franchise agreement? | Yes |
How long is the franchise term for? | 3 years |
Is the term renewable? | Yes |
Category : Retail
Area Req : 6000 Sq. Feet
Franchise Outlets : 6
Investment: Rs. 1 Cr - Rs. 2 Cr