The Utility Store promises to provide consumers unique value, superior quality and innovative products at the most competitive prices. Initially, The Utility Stores will be a platform for 1000+ products with more products added down the line reaching upto 5000 products. The parent company, Xact group, is looking at opening 50 Utility stores in Delhi NCR by October 2016, as well as 500 stores in Northern India by March 2017 and 5000 stores across India December 2017, we endeavour to disrupt utility products and how they are consumed in the market.
Commenced Dates
Date Commenced Operations | 1996 |
Date Commenced Franchising / Distribution | 2014 |
Franchise Details
Units
Area | Investment | Franchise/Brand Fee | Royalty/Commission |
Store Wise | Rs. 20lac - 30lac |
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 | International, Nationwide |
Exclusive territorial rights to a unit | No |
Performance guarantee to unit franchisee | No |
Anticipated percentage return on investment | |
Likely pay back period of capital for a unit franchise | |
Other investment requirements |
Detailed operating manuals for franchisees | Yes |
Where is franchisee training provided? | New Delhi |
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 |
Commercial |
Floor area requirement | |
Preferred location of unit franchised outlet | Commerical, Malls |
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 :
Franchise Outlets : Less than 10
Investment: Rs. 20 Lac - Rs. 30 Lac