Hotline: 1800 102 2007
Hotline: 1800 102 2007
Mar, 31 2010

Timex to open 20 franchised stores in tier I and tier II cities

Timex Group, an Indian based watch maker company is planning to launch 20 franchised stores across the nation in the next fiscal year in tier I and II cities like Guntur, Kakinada, Asansol, Hazaribagh

Timex to open 20 franchised stores in tier I and tier II cities

Timex Group, an Indian based watch maker company is planning to launch 20 franchised stores across the nation in the next fiscal year in tier I and II cities like Guntur, Kakinada, Asansol, Hazaribagh and few more to expand its footprint. The company is also planning to expand its presence in cities like Delhi-NCR region, Pune, Hyderabad, Ludhiana, Ahmedabad, Bengaluru, Chennai, Kolkata and Mumbai.

Presently, the company is operating 70 stores across India, both in kiosks and exclusive brand outlets EBO (The Time Factory format). The company requires an investment of Rs 10 to 15 lakh and an area of 120 sq. ft for Timex kiosk. While for The Time Factory, a franchisee requires an area of 450 to 650 sq.ft and an investment of around Rs 20 lakh.

Timex Group is expecting a growth of 10 per cent in the current fiscal year as against three per cent growth in 2009-10.

sharebtn
Comment
user
email
mobile
address
star
h.kloses@gmail.com.au 19, Oct 2011
Super informative wtriing; keep it up.
Related opportunities
  • Gyms And Fitness Centres
    About Us: The Playden (School Of Performing Arts, Sports & Fitness)..
    Locations looking for expansion Uttar pradesh
    Establishment year 2003
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Noida Uttar pradesh
  • Healthcare & Medical Products
    ·        Incorporated in the year 2020, Midos Laborat..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 10000 - 50000
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Delhi Delhi
  • Tea And Coffee Chain
    About Us: CHAI CALLING is one the most renowned tea brands..
    Locations looking for expansion Uttar pradesh
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bareilly Uttar pradesh
  • About Us: Probooks offers the right set of features and provides..
    Locations looking for expansion Tamil nadu
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Ullagaram Tamil nadu
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities