Next Retail India Ltd

Retail


Business Details

NEXT Retail India Ltd. is India’s largest electronic Retail Chain. Incorporated in 2003, NEXT is one of the emerging giants in organized retailing of consumer electronics, home appliance, IT, imaging, accessories and small home appliances. It has been formed to tap the immense potential promised by the retail industry.

Our Vision

The vision of NEXT Retail India Ltd. is to be the number one in the retail field in our category and to become a globally recognized company through innovation, passion through quality, freedom through empowerment and cost through volumes. We should imbibe a world class system to bring in delight to all our associates and the society at large.

Our Mission

The mission of our enterprise is to create unique customer satisfaction through innovation, quality, productivity, human resource development, continuously striving for excellence with pride in our values and confidence in our approach.

THE ‘NEXT’ ADVANTAGE: INDIA’S LARGEST ELECTRONICS RETAIL CHAIN: Join hands with India’s largest electronics retail franchise chain! Within just few years of its inception, NEXT has successfully expanded to over 500 retail showrooms all across India.

The NEXT Advantage:

• India’s largest electronics retail chain !
• All leading brands under one roof-the one stop shop for consumer durables / IT products!
• Best operating systems for better controls !
• Honoured as “India’s No. 1 in Customer Satisfaction” in the consumer durables category by Synovate India Retail Brands Survey 2007 !

If interested in our retail franchise concept, do contact us as soon as possible.

APPLY FOR FRANCHISE

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Investment Details

Date Commenced Operations : 2004
Date Commenced Frachising / Distribution : 2004
Are you looking for Franchise?
Unit
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 30lac - Rs. 50lac 1 lacs 8% mirgin on gross s
Master / Multi Units
Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
Country Wise
Region Wise
State Wise
City Wise
Are you looking for Trade Partners (Dealers, Distributors, MBOs, Retailers)?
Types of Channels Investment Margin Area Requirement
-- -- -- --
What areas are available for Unit franchise? : International
Nationwide
Where are you looking for expansion?    
North West East South Center Union Territories
    New Delhi
    Haryana
    Himachal Pradesh
    Jammu and Kashmir
    Punjab
    Uttaranchal
    Uttar Pardesh
    Gujarat
    Rajasthan
    Maharashtra
    Goa
    Assam
    Meghalaya
    Mizoram
    Tripura
    Arunachal Pradesh
    Manipur
    Nagaland
    West Bengal
    Sikkim
    Kerala
    Karnataka
    Orissa
    Tamil Nadu
    Andhra Pardesh
    Chhattisgarh
    Madhya Pradesh
    Bihar
    Jharkhand
    Andaman and Nicobar
    Pondicherry
    Chandigarh
    Lakshadweep
    Daman and Diu
How much working capital is required in franchise addition to this :
Is there exclusive territorial rights
given to a unit franchise?		 : Yes
Are any performance guarantees
given to unit franchisees?		 : No
What is the anticipated percentage return on investment? : 25%
What is the likely pay back period of capital for a unit franchise? : 2 years
Are there other investment
requirements?		 : no

Property Details

What type of property is required for this franchise opportunity? : 1000 sqf carpet
Floor area requirement : ground floor
Preferred location of unit franchised outlet:? : prime location

Training

Do you currently have detailed Operating Manuals for franchisees? : Yes
Where is the franchisee training done? : on site / off site
Is field assistance available for franchisees? : Yes
Will someone from Head Office assist me when I open my franchise? : Yes
What IT systems do you presently have that will be included in the franchise? : Yes

Other Details

Do you have a standard Franchise Agreement? : Yes
How long is the franchise term for? : 5
Is the term renewable? : Yes