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MANYAVAR
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1000-2000 sqftArea Req
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40 lac - 1 crInvestment Size
-
500+No. Of Franchise Outlets
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1999Establishment Year
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Category: Clothing
Subcategory: Ethnic Stores
Manyavar is a men's ethnic wear brand founded in India by entrepreneur Ravi Modi in 1999 under his company Vedanta Fashion. Manwar offers sherwanis , kurtas and Indo-western clothing for men. The brand started with a 150 square foot store in Kolkata and has now expanded to over 570 stores in 180 cities in India and abroad.
EXPANSION PLANS
| North | Delhi, Haryana, Punjab, Uttar Pradesh |
|---|---|
| South | Tamil Nadu, Andhra Pradesh |
| East | Tripura, Arunachal Pradesh, Manipur, Sikkim |
| West | Gujarat, Rajasthan , Maharastra |
| Central | Bihar, Madhya Pradesh, Chhattisgarh |
| Union Territories | Daman and Diu, Lakshadweep |
Commenced Operations
| Operations Commenced On | 2008 |
|---|---|
| Franchise Commenced On | 2008 |
Franchise Details
| Investment | 40 lac - 1 cr |
|---|---|
| Franchise/Brand Fee | NA |
| No. Of Franchise Outlets | 500+ |
| Royalty/Commission | - |
| Establishment Year | 1999 |
Details
| Anticipated % ROI | 50% |
|---|---|
| Likely Pay-back Period | 1.5 to 3 years |
| Other Investment Requirements | 40 lac - 1 cr |
| Type of Property Required | Commercial |
|---|---|
| Floor Area Requirement | 1000-2000 sqft |
| Preferred Location | - |
| Detailed Operating Manuals | Y |
|---|---|
| Training Location | - |
| Field Assistance Available? | Y |
| Expert Guidance from Head Office | Y |
| Standard Franchise Agreement? | Y |
|---|---|
| Franchise Term (years) | 5 |
| Renewable? | Y |
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