Spacewood 8.8 /10

Spacewood Furnishers Pvt Ltd is a 100% Make in India furniture brand and one of the largest manufacturers in the country. The company focuses on the mass market with a strong presence in the mid-range furniture segment. Its Exclusive Brand Outlet (EBO) model in cities like Ranchi offers a complete range of home, office and kitchen furniture under one roof. The business model is based on company-backed EBOs operated by franchise partners who invest in well-located, spacious showrooms with good visibility, parking and frontage. The brand differentiates itself through scale of manufacturing, contemporary designs, consistent quality and a strong market reputation. Franchise investors benefit from a structured model with centralised branding and marketing support, training, and assured product supply, targeting 15–20% ROI, making it an attractive opportunity for financially sound investors seeking a proven, scalable retail format. Spacewood Furnishers Pvt Ltd offers a diverse selection of furniture, including home pieces like beds, wardrobes, and living and dining units, office essentials such as workstations, desks, and storage, and kitchen options like modular setups and related storage solutions. These products cater mainly to mass-market, mid-range customers, including families upgrading their homes, professionals outfitting offices, and homeowners looking for modular kitchen designs. Sales are conducted through Exclusive Brand Outlets (EBOs) managed by franchise partners. The brand operates 31 outlets, 7 franchises, and has over 300+ dealers. Ranchi. The procedure to obtain your franchise is through Smergers, starting with contact via email, followed by negotiations and concluding with the finalized deal. - The brand expects franchise partners who are financially sound and capable of investing around INR 20 lakhs minimum in setting up an Exclusive Brand Outlet (EBO). The ideal location should have a minimum area of about 4000 sq. ft. with prime visibility, good frontage and adequate parking facilities in a prominent market area. The franchisee should be able to manage the showroom operations, comply with brand standards and maintain the required customer service levels.
- The industry requires certain regulatory approvals, certifications, and licenses, including a municipal license, trade license, and GST registration.
- As the franchiser will not be charging any royalty or commission from the franchisee, with just the maintenance of the rent, salaries and raw materials the business will be able to achieve the higher operating profit margins. - The franchisor provides comprehensive support including branding and marketing for the outlet, showroom, signage and floor management guidance, staff training, and continuous product supply. This support is aimed at helping the franchisee efficiently run the EBO, maintain brand standards and achieve the targeted 15–20% return on investment.