BUSINESS WITH
India's Leading Jewellery Brand Franchise Opportunity
Starting a Kalyan Jewellers franchise is a great business opportunity for those interested in the jewellery industry. Kalyan Jewellers is one of India’s largest and most trusted jewellery brands.
Kalyan Jewellers was founded in 1993 and has grown from a single store in Thrissur to over 150 franchised units and 230+ outlets across the country. The brand is known for its wide range of high-quality jewellery and exceptional customer service. If you intend to own your business, it is an excellent opportunity to grab the franchise of Kalyan Jewellers as the business already enjoys a reputation in the market.
After linking with world-class brands, Kalyan Jewellers entered into the franchising business in the same year 2017. It enables entrepreneurs to open outlets on their own premises under the brand name Kalyan Jewellers. Explore the steps to get a Kalyan Jewellers franchise, understand the investment requirements, costs, profit margins, and ROI to start your journey toward a glittering future.
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FRANCHISE
Investment Requirements
Interiors:
₹ 20-40 Lac.
Inventory:
₹ 1Cr.Onwards
Store Size:
800-1200 Sq. Ft.
PROFIT & MARGIN
Kalyan Jewellers Franchise Cost (Profit & Margin)
Investing in a Kalyan Jewellers franchise is a good business proposition for the young generation entrepreneurs looking to venture into the jewellery industry. Total cost of Kalyan Jewellers franchise is around Rs 50 Lakh to Rs 1 Crore in India. Below are the breakdown of the total investment:
- Franchise Fee: Rs 10 lakh for the rights to operate under the Kalyan Jewellers brand and business model.
- Store Establishment Cost: Rs 20–40 lakhs for setting up the outlet, including interior, signage, and infrastructure.
- Initial Inventory: Rs 50 lakhs to Rs 5 crore for stocking exclusive jewellery and products.
- Working Capital: Rs 5–10 lakhs to cover daily operations until the business becomes profitable.
- Royalty Fee: 4% of net revenue for ongoing support, marketing, training, and branding.
- Franchise Agreement: Valid for 10 years, with an option to renew.
- Miscellaneous Expenses: Rs 2–5 lakhs for salaries, insurance, licenses, and permits.
The franchise offers a profit margin of 12% to 15%, and with proper management, one can expect to recover the initial investment within two years.
Kalyan Jewellers Franchise (Commission & Revenue Sharing)
Talking about Kalyan Jewellers franchise commission, Kalyan Jewellers gives 96% of the revenue to the franchisees, while the brand takes only 4% as royalty. This is a great opportunity for franchise owners since they get the majority share of the earnings. It’s definitely an attractive option for those wanting to start a retail jewellery franchise store.
Factors Influencing Kalyan Jewellers Franchise Cost
Several factors influence the cost of investing in a Kalyan Jewellers franchise. Here are the key elements to consider:
- Location: Franchise costs are higher in prime locations, such as metro cities, due to increased rent and higher setup expenses compared to tier 2 or tier 3 cities.
- Store Size: Larger showrooms are more costly to build, furnish, and stock. The size of the store significantly impacts the investment required.
- Inventory: The size of the initial inventory will vary based on market demand and store size. Bigger stores in busy areas require a larger inventory, increasing the overall cost.
Important Steps to Apply for Kalyan Jewellers Franchise Store
If you’re ready to start a Kalyan Jewellers franchise store after completing all market research, here are the useful steps to follow:
- Submit an Application: The Kalyan Jewelers franchise can be obtained via filling out a form for a franchise on their official website or by contacting the franchise department of Kalyan Jewellers.
- Eligibility Check: Kalyan Jewelers will conduct a validation of the financial background, the business experience of individual/group applicants and the location feasibility.
- Documentation: Provide all the necessary legal and financial documents, including proof of funds, identity verification, and business history.
- Franchise Agreement: After approval, you will need to sign the franchise agreement, outlining the terms, responsibilities, and obligations of both parties.
Kalyan Jewellers Franchise Infrastructure Requirements
To set up a Kalyan Jewellers franchise, there are specific infrastructure requirements you need to meet. These include the size of the shop, staff numbers, and essential facilities. Below is a table outlining the key infrastructure requirements for opening a Kalyan Jewellers store:
Marketing Support by Kalyan Jewellers
Kalyan Jewellers offers comprehensive marketing support to their franchisees, helping them promote their store effectively. Here’s an overview of the marketing assistance provided:
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Why Choose Kalyan Jewellers for a Franchise?
Brand Recognition
Kalyan Jewellers is a trusted name with a strong presence in the market. Joining this franchise means benefiting from the brand's reputation and customer trust.
High-Profit Potential
The jewellery industry is lucrative, and Kalyan Jewellers offers a revenue-sharing model where franchisees receive 96% of the revenue generated and the profit margin typically ranges from 18% to 25%.
Wide Customer Bas
With more than 230+ outlets in India, Kalyan Jewellers already has a strong customer base. This established market presence can help you quickly attract customers to your store.
Support and Training
Franchisees receive comprehensive support from Kalyan Jewellers, including training on business operations, marketing, and customer service. This helps ensure your store runs smoothly and grows effectively.
Diverse Product Range
Kalyan Jewellers offers a wide variety of jewellery, catering to different tastes and preferences. This variety attracts a broad customer base, increasing the potential for sales.
Proven Success
Kalyan Jewellers has a proven business model with a large number of outlets. This reduces the risk for new franchisees, as the brand has established systems and support to help you succeed.
Become a Part of a Glittering Legacy!
Suppose you are intrested in owning a jewellery store with a trusted name. Then, the Kalyan Jewellers Franchise offers a golden opportunity to become part of a well-established and respected jewellery brand. Owning a Kalyan Jewellers franchise allows you to be part of this renowned brand. It offers a variety of jewellery including gold, silver, diamonds, and precious stones. This diversity helps attract a wide range of customers.
As a franchisee, you will receive training and support from Kalyan Jewellers. This includes help setting up your store, marketing and managing your business. The jewellery industry can be very profitable. Kalyan Jewellers provides a good profit margin and revenue-sharing model for its franchisees.
According to the Kalyan Jewelers website, for those interested in the jeweler industry and wanting a successful business, they can take the Kalyan Jewelers franchise. This can be a good business opportunity.
Frequently asked questions (FAQ)
The Kalyan Jewellers franchise requires an investment of Rs. 50 lakhs to Rs. 1 crore and offers a profit margin of 12% to 15%. With proper management, you can expect a return on your investment within 2 years.
The Kalyan Jewellers franchise cost in India ranges from Rs. 50 lakhs to Rs. 1 crore. This investment covers the franchise fee, store establishment, initial inventory, and other essential expenses.
Pros:
- Brand Reputation: Established and trusted brand since 1993.
Wide Customer - Base: Benefit from over 230 existing outlets.
- Product Range: Offers diverse jewellery from traditional to modern.
- Revenue Sharing: Franchisees keep around 96% of the revenue.
- Profit Potential: 18-25% profit margin with potential ROI in 2 years.
- Support: Comprehensive training, marketing, and operational assistance.
Cons:
- High Investment: Costs range from Rs. 50 lakhs to Rs. 1 crore.
- Competition: The jewellery market is highly competitive.
- Location Dependent: Success depends on choosing a prime location
The requirements for a Kalyan Jewellers franchise in India include the submission of several key documents. These are:
- Franchise Agreement
- Photocopy of Proprietor's Aadhar Card
- Proprietor's Photo
- Business PAN Photocopy
- GST Registration Certificate
- Business Address Proof
- Phone Number
- Email ID
- NOC of Unit or Shop, etc.
Yes, Kalyan Jewellers' franchise is profitable. Franchisees can expect a profit margin of 18-25%, with the potential to recover their initial investment within 2 years, making it a lucrative business opportunity in the jewellery industry.
To apply for a Kalyan Jewellers franchise online, visit the official website at www.kalyanjewellers.net/franchising.php. Fill in all the necessary information carefully, submit the application, and wait for an email from Kalyan Jewellers with the next instructions.
