Starting a Kalyan Jewellers franchise requires an initial investment ranging from ₹50 lakhs to ₹5 crores, covering franchise fees, showroom setup, and marketing. Additionally, you need ₹50 lakhs to ₹1 crore for working capital and other expenses. A space of 1000-1500 sq. ft. is essential, with the franchise agreement valid for 10 years. Proper planning ensures a smooth and profitable venture in the growing jewellery market.
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Franchise Fee:
To partner with Kalyan Jewellers, you need to invest ₹50 lakhs to ₹1 crore as a one-time fee for using the brand name. -
Store Setup:
Setting up the showroom, including interiors and infrastructure, typically costs between ₹1 crore to ₹5 crores, depending on location and design requirements. -
Marketing and Advertising:
Promoting your store is essential. You will need to allocate ₹50 lakhs to ₹1 crore for marketing and advertising campaigns. -
Working Capital:
To cover day-to-day operations and ensure smooth business flow, you should set aside an additional ₹50 lakhs to ₹1 crore as working capital. -
Space Requirement:
The showroom must be between 1000 and 1500 square feet to accommodate 8 to 10 staff members and customers comfortably. -
Other Costs:
Additional expenses, such as legal charges, operational costs, and ongoing promotions, will contribute to your overall budget. -
Franchise Agreement:
The agreement is typically valid for 10 years, during which the investment, operations, and business management are outlined and regulated.
By understanding these costs, you can better prepare for a successful Kalyan Jewellers franchise venture and capitalize on India’s growing jewellery market.
Starting a Kalyan Jewellers franchise requires an initial investment ranging from ₹50 lakhs to ₹5 crores, covering franchise fees, showroom setup, and marketing. Additionally, you need ₹50 lakhs to ₹1 crore for working capital and other expenses. A space of 1000-1500 sq. ft. is essential, with the franchise agreement valid for 10 years. Proper planning ensures a smooth and profitable venture in the growing jewellery market.
-
Franchise Fee:
To partner with Kalyan Jewellers, you need to invest ₹50 lakhs to ₹1 crore as a one-time fee for using the brand name. -
Store Setup:
Setting up the showroom, including interiors and infrastructure, typically costs between ₹1 crore to ₹5 crores, depending on location and design requirements. -
Marketing and Advertising:
Promoting your store is essential. You will need to allocate ₹50 lakhs to ₹1 crore for marketing and advertising campaigns. -
Working Capital:
To cover day-to-day operations and ensure smooth business flow, you should set aside an additional ₹50 lakhs to ₹1 crore as working capital. -
Space Requirement:
The showroom must be between 1000 and 1500 square feet to accommodate 8 to 10 staff members and customers comfortably. -
Other Costs:
Additional expenses, such as legal charges, operational costs, and ongoing promotions, will contribute to your overall budget. -
Franchise Agreement:
The agreement is typically valid for 10 years, during which the investment, operations, and business management are outlined and regulated.
By understanding these costs, you can better prepare for a successful Kalyan Jewellers franchise venture and capitalize on India’s growing jewellery market.