8.9 / 10 · Established in 2021, 4 Franchisees currently, Headquartered in Surat
|Format||Investment including Brand Fee||Brand Fee||Space||Staff||Exp. Monthly Sales||Profit Margin||Royalty|
|Standalone FOCO Model Franchise||USD 216 - 360 thousand||USD 6 thousand||500 - 700 Sq Ft||4||USD 30 thousand||12%||FOCO Model. Hence no royalty but the franchisee gets a minimum of INR 2 lakh every month (Minimum guarantee scheme) or 8% of total sales, whichever is higher|
|Format Name||Standalone FOCO Model Franchise|
|Investment||USD 216 - 360 thousand|
|Brand Fee||USD 6 thousand|
|Space||500 - 700 Sq Ft|
|Expected Monthly Sales||USD 30 thousand|
|Royalty / Commission||FOCO Model. Hence no royalty but the franchisee gets a minimum of INR 2 lakh every month (Minimum guarantee scheme) or 8% of total sales, whichever is higher|
About Siriusjewels (SiriusJewels & Lifestyles Pvt Ltd)
Siriusjewels is a certified Diamond jewellery brand for unique diamond and gold jewellery designs incorporated Three years ago.
We have a business presence in 3 cities of Gujarat - Rajkot, Jamnagar, and Surat. We are running 3 mini-stores in Gujarat in partnership with other jewellers and 1 standalone store in Surat.
We are now offering FOCO model franchises for our standalone store. This is being offered with a complete exit plan as well. The standalone format starts with an initial investment of INR 1.8 crore, this consists of INR 1.5 crore for jewellery stock (fully refundable), INR 25 lakh for fixtures & furniture (partially refundable at 10% depreciation), and INR 5 lakh on the brand fee. We offer a minimum guarantee of earnings for the investor, under this the franchisee gets at least INR 2 lakh per month from us.
Products and Services
Diamond rings, diamond earrings, diamond pendants, diamond bracelets, diamond mangalsutra, diamond necklaces, and diamond nose rings.
We also have a similar line of products in gold and also sell solitaires.
Our skilled design team has designed more than 3,000 unique designs.
Preferred LocationsBangalore, Hyderabad, Kolkata, Pune, Gurgaon, Noida, Ahmedabad, Faridabad, Mumbai, Delhi, Gujarat, Ghaziabad, Panipat, Alwar, Sonipat, Meerut, Karnal, Bulandshahr.
How to get Siriusjewels (SiriusJewels & Lifestyles Pvt Ltd) Franchise?
Connect with us on SMERGERS and we will guide you through the process.
What are some of the things we look for in a Franchisee?
- Purely FOCO model.
- The only headache for the investor/franchisee is to invest the money. You can be a part of the management of the store as well.
- Franchise has a lock-in period of 36 months, with 3 months' notice.
- We will return full investment against inventory, and depreciated value of fixtures.
Support you can expect from the company
- Under the FOCO model, we will take care of all the store operations and expenditures including rent, electricity, staff salary and incentive, customer hospitality, and CC swipe charges.
- We will identify the store site, and do all the interior work as well.
- We will hire, train, and manage the staff.
- Take care of all marketing and advertising.
- Product inventory.
- Minimum guaranteed return of INR 2 lakh per month.
Earlier than 15 daysSoftware Engineering Manager, Financial Services, Irving, Individual Investor / Buyer connected with the Business
Earlier than 15 daysDirector, Healthcare Services, Pune, Corporate Investor / Buyer connected with the Business
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When was Siriusjewels established?Siriusjewels was established in 2021 in Surat and is reported to have 4 Franchisees currently
What is the investment required to take up Siriusjewels Franchisee?Investment required ranges from INR 1.8 crore - 3 crore depending on the format offered.
What is the space requirement for taking up Siriusjewels Franchisee?Space required ranges from 500 - 700 sq ft depending on the format.
What Franchisee formats does Siriusjewels offer?Siriusjewels offers 1 format, i.e Standalone FOCO Model Franchise.
How to get Siriusjewels Franchisee?Connect with us on SMERGERS and we will guide you through the process.