Prime Watches - Franchise

Prime Watches - Franchise
Category : Fashion Accessories Investment: Rs. 50 Lac - Rs. 1 Cr 20

Prime is a leading Pan-India retailer for luxury watches and accessories: Headquartered in Kolkata, Prime Retail in engaged in trading of products in the luxury and semi luxury market segments and is a trusted partner for more than 35 of the world’s premium watch brands The company operates a chain of 19 stores across Kolkata, Mumbai, Jaipur, Howrah and Raipur. These stores are located in premium malls like Crossroads II and Oberoi Mall , Mumbai South City Mall and Forum Mall, Kolkata MGF – Metropolitan Mall, Jaipur City Centre Mall , Raipur Prime Retail has Exclusive Boutiques for brands like Citizen, Rado, Longines, Tissot, Swatch and Raymond Weil which are cross promoted by the brands The company’s operations are driven by a highly experienced and motivated management team led by Mr. Rajiv Chopra and is supported by a huge and strong employee workforce. The Prime is an International luxury, designer and fashion watch brand retailer dealing through its chain of retail stores on India. It has developed from a small retail shop of a handful of Indian brands to a national player having a presence across India carving a niche for itself as one of the leading retailers of International Luxury brands of watches in India It currently operates out 20+ outlets across India in: • Watches • Gadgets • Jewelry, premium writing instruments and lifestyle products. Our company is a trusted partner to many international brands and is a franchisee for several Luxury brands (such as Tag-Heuer, Baume & Mercier, Rado and Longines), Premium brands (such as Omega, Bvglari, Chopard, Piaget, Dior and Frankmuller) and Fashion Brands (such as Tissot, Seiko, Calvin Klein, DKNY, Kenneth Cole, Gucci, Fossil, Emporio Armani, Giordano and Balmain). The Prime has developed from a small retail shop of a handful of Indian brands to a national player having a presence in five states of India carving a niche for itself as one of the leading retailers of international luxury brands of watches in India. THE PRIME is a trusted partner to more than 35 international brand and is a franchisee for different luxury brands (such as Tag Heuer, Baume & Mercier, Rado and Longines), premium brands (such as Omega, Bvlgari, Chopard, Piaget, Dior, and Frankmuller) and fashion brands (such as Tissot, Seiko, Calvin Klein, DKNY, Kenneth Cole, Gucci, Fossil, Emporio Armani, Tommy Hilfiger and Hugo Boss). The outlets cater to the entire range of watches primarily for men and women in the price range of Rs. 2 thousand to Rs. 20 lacs. THE PRIME further deals in elegant showpieces of brands like Swarovski and Lladro, writing instrument from the house of Mont Blanc and other premium brands and mobile phones from Vertu, Tag Heuer and Dior. The Prime also displays international branded jewellery

Prime Watches - Franchise Investment Details

Commenced Dates

Date Commenced Operations 1990
Date Commenced Franchising / Distribution 2012

Franchise DetailsUnits

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

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  Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details (Optional)

Want to expand Nationwide
Exclusive territorial rights to a unit  
Performance guarantee to unit franchisee  
Anticipated percentage return on investment  
Likely pay back period of capital for a unit franchise  
Other investment requirements  

Prime Watches - Franchise Training Details

Detailed operating manuals for franchisees  
Where is franchisee training provided?  
Is field assistance available for franchisee?  
Will someone from Head Office provides assistance to franchisee in opening the franchise?  
What IT systems do you presently have that will be included in the franchise?  

Prime Watches - Franchise Property Details

Type of property required for this franchise opportunity  
Floor area requirement  
Preferred location of unit franchised outlet  

Prime Watches - Franchise Other Details

Do you have a standard franchise agreement?  
How long is the franchise term for? --
Is the term renewable?  
Prime Watches - Franchise

Prime Watches - Franchise

Category : Fashion Accessories
Area Req :
Franchise Outlets : 20
Investment: Rs. 50 Lac - Rs. 1 Cr

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