Vridhi International - Franchise
Erato, a pure sterling silver jewellery brand is backed by people with more than 20 years of combined experience in jewellery. The promoters are reputed South Delhi jewelers who have been into precious jewellery i.e. gold, diamond, kundan etc since 1993. Erato is positioned to cater to women in the age group 23-55 years who want more than just “junk jewellery” yet is price conscious.
Vridhi International - Franchise Investment Details
Commenced Dates
| Date Commenced Operations | 2012 |
| Date Commenced Franchising / Distribution | 2012 |
Franchise Details
Units
| Area | Investment | Franchise/Brand Fee | Royalty/Commission |
| Store Wise | Rs. 10 K - 50 K |
Trade Partners Detail (Dealers, Distributors, MBOs, Retailers)
| Types of Channels | Investment | Margin | Area Requirement |
| Dealer |
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 | Yes |
| Performance guarantee to unit franchisee | No |
| Anticipated percentage return on investment | 25% |
| Likely pay back period of capital for a unit franchise | 1 year |
| Other investment requirements | Na |
Vridhi International - Franchise Training Details
| Detailed operating manuals for franchisees | Yes |
| Where is franchisee training provided? | Delhi |
| Is field assistance available for franchisee? | No |
| 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? | No |
Vridhi International - Franchise Property Details
| Type of property required for this franchise opportunity | |
| Floor area requirement | |
| Preferred location of unit franchised outlet |
Vridhi International - 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 |
Vridhi International - Franchise
Category : Fashion
Area Req :
Franchise Outlets : NA
Investment: Rs. 10 k - Rs. 50 k
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