Why open Godrej Interio Franchise?
Godrej Interio, a furniture industry giant from the house of the Godrej Group (Godrej and Boyce Mfg. Co. Ltd.), holds the record of a 80 years long upward journey, being a part of one of the largest consumer product groups in India. Every product of Godrej Interio ensures a great combination of expertise and aesthetics, to cater to the varying and evolving needs of the Indian furniture market. From bedroom to kitchen, dining hall to your kids playroom, Godrej Interio furnitures come with a plethora of products with varying prices and models. It is therefore a beneficial pleasure to be a part of this growing and dynamic chain. Let us now see what are the requirements to open a Godrej Interio franchise furniture shop in India, cost of investments, expected ROI and other details.
Opening a Godrej Interio Franchise: Investments and returns
Thought the cost of opening Godrej Interio franchise in different cities in India may vary to some degree depending on the land value and other factors, let us work on some broad estimations. The required area is more or less 4000 sq. ft. in a high footfall area, preferably a marketplace. Your store should also ideally be located in the ground floor or at most first floor, otherwise it will be a difficult task to move the heavier furnitures. The initial investment for Godrej Interio franchise in India will be around 20 to 30 lakhs. There is no franchise fee, and no royalty. The profit share margin will be around 10 to 15%. Neither exclusive territorial rights nor any performance guarantees are given to Godrej Interio franchise retail units, but there are franchise trainings in company outlets and branch offices, along with field assistance. Godrej Interio franchise agreement term is for 3 years usually, which is further renewable. The return on investment is not disclosed, but sources say that expected pay back period of capital for Godrej Interio retail franchise is one to one and half years.
How to apply for Godrej Interio franchise opening?
The process of opening Godrej Interio shop is simple; all you have to do is to check whether you meet the criteria and then contact them through their official franchise enquiry page.
Godrej Interio franchise contact number, address, email id
No contact number or email address is provided by Godrej Interio. Franchise information contacts and queries are only to be made by the enquiry page only.