Company Overview Gitanjali as a group is a Rs.12, 500 Cr. Gitanjali is one of the first companies in corporate with interests in diamond and India to introduce branded jewelery and gold jewelery, retail, infrastructure and has a dominant presence in retail lifestyle businesses. In the diamond and jewelery. The Company has strong gold jewelery segment, the Company diamond jewelery brands such as has a significant presence across the ‘D’damas’, ‘Asmi’, ‘Nakshatra’, ‘Gili’, entire jewelery value chain: From Maya Diamonds ‘Sangini’ etc and sells sourcing raw materials to selling its products in India through its vast branded jewelery, every avenue in the network of 1,450 outlets including industry is covered by the Company’s outlets in host stores. In fact, five of the integrated system. Set up in 1966 the top six brands in the Indian market are company has won over 50 awards for owned or managed by Gitanjali. These outstanding achievements in the exports brands manifest the significance of the of polished diamonds. group in the Indian jewelery retailing market. Additionally, the Company operates 143 retail jewelery stores located across the United States through the acquisitions of Samuel Jewelers and Roger Jewelers.
The Concept The Maya Jewels stores combines the advantages of branded jewelery outlets with the advantages of a traditional jeweler, giving the customer an exciting mix of the best of both worlds. Targets the mid-segment. A new chain of stores that offers most of the conveniences associated with modern retail as well as the benefits of the traditional family jewelers, giving the customer an exciting mix of the best of both worlds The stores offer a wide assortment of products, from dazzling diamonds and glittering gold jewelery to glamorous personalized precious accessories. While a few of these are from well known and established brands such as Maya Gold ( 100% BIS Hall Mark Jewellery), Maya Diamonds, Maya Pearls, Adler & Roth, Nakshatra, Parineeta, Gili and others, a large part of the offerings are open price jewelery products where there is complete transparency for the customers.
Why Maya Jewels ?? Better Pricing/Value for MoneyInternational Designs and categories USP Traditional jeweller with super-brands Pan India presence
The Presence North Zone West Zone New Delhi (Rohini) Ahmedabad New Delhi (Laxmi Nagar) Mumbai Ghaziabad East Zone Gorahkpur Guwahati Gurgoan Angul (Orissa) Yamuna Nagar Opening Shortly Chandigarh (Sec 26) Jhansi Chandigarh (Mani Majra) Gwalior South Zone Hisar Hubli Panipat Bangalore Bhubaneshwar Cochin Nashik Sirsa Cuttack
Terms & ConditionsS. No Particulars Remarks 1 Payment Terms Will be decided during discussion 2 Interiors Design Support To be provided by Company 2 Store Interiors , Exteriors To be done by Franchisee 3 Operational Expenses To be borne by Franchisee 4 Franchisee Fees INR 10.00 Lacs 6 Marketing & Advertisement Equal Sharing Basis 7 TAX (CST) To be borne by Company 8 Staff Training & Development To be provided by Company To be shared between Company & 9 Business & Market Analysis Franchise 10 Supply Terms Buy & Sell
Pre-Requisites Particulars CommercialsStock Investment Rs.5 crores or Rs.70,000 per sq.ft. Store size 700-1000 sq.ft . Product Mix 50% Diamond Jewellery, 50% 22K Gold Jewellery Franchisee Fee Rs.10 lacs + Service Tax
Margin StructureS. No CATEGORIES MARGIN REMARKS DIAMOND JEWELLERY A 15%-25% On MRP BRANDS B NIZAAM COLLECTION 10% On MRP C INTERNATIONAL WATCHES 20% On MRP INTERNATIONAL D 20% On MRP SILVERWARE on differential making E GITANJALI/MAYA GOLD 40% charges
Roles and Responsibilities Gitanjali FranchiseeMarketing, brand advertising support in Store fit out and branding to be done as pernational and regional electronic and print the Gitanjali normsmediaEvent based regular national and regional An initial and average stock should bepromotions schemes maintained as per the agreementOperational and technical know how and Payment to be made as per agreement termssupportFacility planning and architectural designing Goods to be sold at as suggested by theof the store companyPeriodical product and retailing skills A nominal franchising feetraining for staffAssistance in merchandise selection & Trend All local promotion schemes will be on jointanalysis sharing basisLocal Promotion schemes on joint sharing Bearing Capital Expenditures and ongoingbasis operational expendituresProviding products with third party Liberal Exchange Policycertification
Want to be part of it ???? For more details please Contact Mangal Goswami firstname.lastname@example.org Mobile No.:+91-9819290179