Attica Gold

Business Details

Established in the Year 2013, Attica Group is a new and vibrant entrant to the Gold Business with its Head Office at Queens Road,Bangalore. The promoter of Attica group, Mr.Bommanahalli Babu, has a long term vision of addressing the problems faced by the public, who wanted to sell their used gold for a fair rate. In today’s scenario, when the public looks for buying gold, they have got hundreds of Jewellers available and they are more or less organised. Similarly when people want to pledge their gold, again there are number of options available, both in the organized and unorganized sector especially NBFCs, Pawn Brokers, Cooperative Societies, and Banks etc. But when one looks at selling their used gold for an emergency, options are very limited and the avenues available are lacking transparency.

To address the above stated problem area, Mr.Bommanahalli Babu has started an Organisation namely Attica Gold Company which have got a clear brand value in the city of Bangalore within a short span of its operation. Though the old gold buying is happening in an unorganised manner, Mr.Babu’s vision is to set up his business in a most professional manner. By installing Karat Checking machines with most modern Germen technology in each and every branch by which, Attica clearly wants to set a milestone in the old gold/used Gold buying business.


Currently with 5 branches across Bangalore city, Attica Gold Company is in the news, and with its vision to spread this business across the country. Attica has decided to take some positive steps towards creating a world class business environment, by which there will be an opportunity to satisfy the needy public, who wanted to sell their gold in a most transparent environment with the best possible rate. The Attica group which is one way a Start-up business, with about less than 1 Year vintage, is aiming to provide financial assistance to the customers who wanted to sell their Gold, Platinum and Silver ornaments for the best price.

Attica Group of Companies are led by its Promoter and Managing Director Mr.Bommanahalli Babu, who has been instrumental in conceptualising and building the idea of providing assistance to those who wanted to trade their used gold in a transparent and Professional environment and had built 5 branches across Bangalore city from the scratch within 12 months of its operation. His vision is to establish Attica Gold Company a world Class organisation, and is committed to provide reasonable returns to their Clients and investors with steady and organic growth. The group is looking forward to establish the brand “Attica Gold” in a big way and to set an example of leading by example. Being the fore runner in this business, Mr. Babu’s aim is to establish 50 touch points in the next 6 Months, 100 touch points within 12 months and 500 touch points across the country within a span of next 3 years. 

Why Attica

Whatever your ornaments may it be Gold Ornaments, Bullions, Platinum Ornaments, Diamonds, unlike other Jewellers, we offer immediate cash/Cheque/NEFT/RTGS settlement for your ornaments. We are specialised in evaluating the value of your gold in a most transparent manner using Karat Checking machines which uses XRF precious metal analysing technology, which is considered as the most modern technology in evaluating the purity.

  • Attica Gold Company is an ISO 9001:2008 Certified Company for its Quality management
  • First Company in India to start the Precious metal exchange/buying business using most modern technology with transparency.
  • Offers online Price for the customers
  • Instant Cash/NEFT/RTGS facility for your Precious metal
  • Most Reliable & Simple Process to save your Valuable time
  • 100% automated Karat Checking Machines to define the Purity of the gold
  • Attica uses most modernGermen Technology withXRF analysers,and is Fully automated
  • Very Transparent and secure process to evaluate the Karat in front of the customers
  • Well trained Professional Staff to assist the customers who Focus on “Happy Selling Experience”
  • 8.00 AM to 8.00 PM Tele Service facility with 24 Hrs Call Back facility to attend your missed call including Sundays
  • 10.30 AM to 6.00 PM Branch Service facility excluding Sundays



Investment Details

Date Commenced Operations : 2013
Date Commenced Frachising / Distribution : 2014
Are you looking for Franchise?
Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 10lac - Rs. 20lac 1.5 Lakhs -NA-
Master / Multi Units
Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
Country Wise Rs. 10,000 - Rs. 50,000 -NA- -NA- -NA-
Region Wise Rs. 10,000 - Rs. 50,000 -NA- -NA- -NA-
State Wise Rs. 10,000 - Rs. 50,000 -NA- -NA- -NA-
City Wise Rs. 10,000 - Rs. 50,000 -NA- -NA- -NA-
Are you looking for Trade Partners (Dealers, Distributors, MBOs, Retailers)?
Types of Channels Investment Margin Area Requirement
-- -- -- --
What areas are available for Unit franchise? : State Wise
Where are you looking for expansion?    
North West East South Center Union Territories
              Is there exclusive territorial rights
              given to a unit franchise?
              : No
              Are any performance guarantees
              given to unit franchisees?
              : Yes
              What is the anticipated percentage return on investment? : 38% Per Annum plus p
              What is the likely pay back period of capital for a unit franchise? : 18 months
              Are there other investment
              : No

              Property Details

              What type of property is required for this franchise opportunity? : Semi commercial pref
              Floor area requirement : 400-600 Sq. Ft -
              Preferred location of unit franchised outlet:? : Across South India


              Do you currently have detailed Operating Manuals for franchisees? : Yes
              Where is the franchisee training done? : No Need of Franchisee training. Staff recruitment,
              Is field assistance available for franchisees? : No
              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? : No

              Other Details

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