Sia Lifestyles Pvt Ltd
About Sia Lifestyles Pvt Ltd
SIA’s vast product collection, along with high standards of customer satisfaction and service have established them a market leader in organised art jewellery. Along with the basic services provided, customisation of colour and design is also provided, which is rated as a ‘delight’ by customers.
Following are the prerequisites for our retail
concept:-
1) The premises should have minimum frontage of 12ft and minimum height of 10ft.
2) As the stocks are on consignment basis the franchisee has to give stock deposit of Rs. 7 lacs and bank guarantee of Rs. 8 lacs towards stocks.
3) The interior cost will be approx 10 lacs for a carpet area of 500 sq.ft.
(Includes cost of Props, signage, software, hardware, accessories etc)
4) Brand fee of Rs. 5 lacs + Service tax. Out of which Rs. 2 lacs is refundable on the renewal of the franchise agreement.
5) The total investment required from the franchisee will be approximately
Rs.22 lacs.
6) The company will provide the following :-
a) 0pening Invitation Cards approx between 200 to 400 cards depending upon the
requirement.
7) The franchisee will conduct two end of season sale in a year; the value loss
incurred during end of season sale will be borne equally between the Franchisor
& the Franchisee.
b) Advirtisement support at national and regional level.
c) One Manager will be provided by the company at the store level.
d) Profitable mark down of 25% ex-factory on MRP. All incidental
expenses or levy to be borne by the franchisee.
8) The ‘Sia’ store will remain open throughout the year without a weekly off i.e. 365 working
days.
9) The prospective franchisee should be mentally inclined to do a business of 1crore &
should be passionate about customer service.
10) The complimentary gifts or promotional material or cost of any promotional scheme
launched by the company in consultation with the franchisee will be on 50%-50% sharing.
Sia Lifestyles Pvt Ltd News
Contact Sia Lifestyles Pvt Ltd
01, Dev Plaza, Opp Andheri Fire Station
SV Road, Andheri West
Mumbai
400 058
Tel: +91 22 67717800
Fax: +91 22 67717899


