The Kalyan Jewellers Franchise Cost involves various key expenses that potential franchisees must consider. These include the franchise fee, store setup, marketing, working capital, and other operational costs required to successfully run the business. Here's a breakdown of the essential costs involved in opening a Kalyan Jewellers franchise:
Franchise Fee: To partner with Kalyan Jewellers, you'll need to pay a one-time franchise fee ranging from ₹50 lakhs to ₹1 crore, which grants you the rights to use the Kalyan Jewellers brand name.
Store Setup: The cost of setting up the showroom can range from ₹1 crore to ₹5 crores, depending on the size and design.
Marketing: A budget of ₹50 lakhs to ₹1 crore is required for marketing and advertising to promote your store.
Working Capital: To manage daily operations, you'll need to allocate ₹50 lakhs to ₹1 crore in working capital.
Space Requirements: The ideal store size should be between 1000 and 1500 square feet, with enough space to accommodate 8 to 10 staff members.
Other Costs: Additional expenses may include legal fees, operational costs, and daily promotions.Franchise Agreement: The agreement typically lasts for 10 years, with terms covering investment, management, and activity expectations.