FRANCHISOR OPPORTUNITIES
Retail
STORE 99
Category: Retail
Area: 1000 Sqft
No. of Franchise Outlet: 30
Investment:Rs 10 lac - Rs 20 lac
Business Details
Vision: NNGR has identified the Retail Business as a thrust area and has imbibed a Vision Statement to follow its dreams. Its Vision is an overriding idea focused towards positioning the future of the company in the retail industry serving as a blueprint for the development of brand Store-99. "To Become the Most valuable Retailer In The Industry" The vision embodies quality, character and value. The company encompasses "MAXIMUM VALUE DELIVERY TO THEIR SHARE HOLDERS, THEIR EMPLOYEES, CUSTOMERS, ASSOCIATES AND TO THE INDUSTRY". Mission: The Mission statement of Ninety Nine General Retail is as follows: Services and Products: Should be of good quality, the very best we can provide. We refuse to offer a product or service in which we do not believe and can not take personal pride, that is why products at Store-99 goes through a rigorous quality check before getting a Store-99 brand. We will always offer maximum value for every rupee spent by our customers
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STORE 99 Investment Detail
Date Commenced Operations
:2007
Date Commenced Frachising / Distribution
:2009
Are you looking for Franchise ?
Unit
Area
Investment
Storewise
Rs 10 lac - Rs 20 lac
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?
:40 %
What is the likely pay back period of capital for a unit franchise?
:2 Years
Are there other investment requirements?
:
STORE 99 Property Details
What type of property is required for this franchise opportunity?
:HighStreetCommercial
Floor area requirement
:1000 Sqft
Preferred location of Franchisee outlet:?
:
STORE 99 Training Details
Do you currently have detailed Operating Manuals for franchisees?
:Yes
Where is the franchisee training done?
:At Head Office
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?
:
STORE 99 Other Details
Do you have a standard Franchise Agreement?
:Yes
How long is the franchise term for?
:5 Years
Is the term renewable?
:Yes