Is starting Tata Docomo store as franchise a profitable businessWell mobile phone is now a requirement and each and every individual have a phone and the network is now available even at the interiors. Not only mobile connections, but broadband, datacard uses are increasing day by day and is expected to increase further. In this market scenario, the demand reveals the probability of success and when the service provider is well established brand like Tata Docomo, being associated by opening its store is no doubt a profitable business.
Tata Docomo is the first 3G service provider in India. In collaboration with NTT Docomo of Japan Tata Docomo is at present global leader in the VAS space, both in terms of services and handset designs. Tata Docomo even established its market in CDMA and had made its significant presence in this technology breaking the monopoly of a single company.
Tata Docomo franchise in India : Investment, franchise fee, eligibility requirements and expected return
Total capital investment to start Tata Docomo brand store ranges between 2-5 lakhs, this include interiors of store, furnitutre, fixtures and franchise fee of Rs 50000. The minimum floor area of the premises or store should be between 400 to 500sq ft and it should be in high street, affluent neighbourhood area, with a good frontage and preferrably on ground floor. The premises should be own or on a long lease.
Expected ROI for Tata Docomo franchise is about 25% and payback or break even period is expected to be 7 to 8 months. The franchise agreement is done for 5 years and is renewable.
How to start Tata Docomo (franchise) store : Application process, franchise enquiry and contact details
There is no fees for applying to get Tata Docomo franchise. If you are fulfilling all the above mentioned criteria, you can mail the proposal and the company will get back to you for further discussion. You can also contact corporate office of Tata Docomo situated at New Delhi. Address, phone, fax number, email are mentioned below -
2 A, Old Ishwar Nagar,
Main Mathura Road,
New Delhi 110065
Website : http://www.tatadocomo.com/
Email : firstname.lastname@example.org