Gitanjali Jewellery Franchise Cost & Profit Margin: How to Apply, Contact Number

Do you know about the Gitanjali Jewellery? Gitanjali Group was one of the largest branded jewelry retailers in the world. It is engaging in the production and sailing of diamonds, jewelry, retail & lifestyle, and infrastructure. The company was listed on the Bombay Stock Exchange (BSE). The Gitanjali Jeweller also provides the Franchise Ownership of their brand. If you are interested in the Jewellery Business and looking for a profitable franchise of a popular brand, then it is a suitable opportunity for you. This article contains details regarding Gitanjali Jewellery Franchise Cost & Profit Margin including How to Apply and the Contact Number. Stay tuned for more details.

Gitanjali Jewellery Franchise Cost & Profit Margin

As you all know, Gitanjali is one of the most popular brands in the Diamond and Jewellery Industry. The company was established in 1966. Gitanjali used to sell its jewelry through over 4,000 Points of Sale and held a market share of over 50 percent of the overall organized jewelry market in India. It has a total revenue of ₹135 billion and Mehul Choksi is the chairman of Gitanjali Jewellery. The Gitanjali Group was listed on the Bombay Stock Exchange. The company was closed following the Nirav Modi Fraud.

However, it is the most selling brand of Jewellery, which is popular across the world. It is the most profitable brand in the Jewellery Industry. So, if you have a heavy investment and are looking for a business opportunity with Gitanjali Group, then you are at the right place. It will be beneficial for you to become a profitable partner of Gitanjali Group. Here, you all got the A to Z details about Gitanjali Jewellery Franchise Cost in India along with the details of requirements, profit share, application process, etc.

Gitanjali Jewellery Franchise Business Opportunity – Overview

Requirements to Start Gitanjali Jewellery Franchise

There is a common query asked by the people, what are the requirements for the Gitanjali Franchise? So, here, we have shared the complete list of the requirements regarding the Gitanjali Jewelry franchise. Look at the below details:-

• To open the Gitanjali Franchise, you require an Area/Space of 1500 sq ft- 2000 sq ft. It will include the space for an office, showroom, and stores as well.
• After the space & Arae, you have to obtain the license & documents required by the Gitanjali Jewellery Company. It will include personal documents like Aadhar Card, PAN Cards, Voter IDs, Bank Statements, and so on, and business documents such as Sales Tax permits, Business Registration Certificates, Commercial Lease Agreements, GST Registration, and so on.
• Persons wishing to franchise with Gitanjali also need the Infrastructural requirement as per the company, it will include company guidance regarding how to look store. and all equipment needs like CCTV, Lockers, Computers, Billing machines and so on.
• Investors should also require the paired investment amount. You need to approx Rs 6-8 Lacs. It will include the Franchise Fees, Operating expenses Investment, and so on.
• Staff/ Employee is also required for the Gitanjali Franchise Store. It will be a salesman, customer support, chair & so on.

How to Apply for Gitanjali Jewellery Franchise?

To apply for the Gitanjali Jewellery Franchise must follow the below-mentioned steps;

1. Open the search engine on your device and go to the Official Website of Gitanjali Jewellery or directly click here => https://www.gitanjalijewellers.com/
2. A home page will open, here you will see the various categories and options.
3. You need to click on the Contact Us page.
4. After that, a new interface will be opened, it will contain the contact details number, Email, and query Form.
5. Just go to the Contact Us Form and enter the Name, Phone Number, Email & Subject.
6. Then, write your query and question about the franchise in the Massage section.
7. Please keep in mind that, you have to write the Franchise Enquiry in the Subject column.
8. Now click on the Submit button. Your details will be submitted.
9. The support team will shortly contact you, within 24-48 hours.

Gitanjali Jewellery Franchise Investment Cost

The first thing, you know about the Gitanjali Jewellery Franchise is Investment Cost. So, you required an investment of approximately INR 6-8 Crores. The Franchise Fee is just 4- 6 Lacs, but other values will be used in the infrastructure, Operating Investment, Inventory Management Investment, and so on. Look at the below table to know about the estimated Invetsmnet for every category:-

Note – It is a heavy Investment Franchise, which requires a huge investment. The above investment states are just an estimate, you need more as per the requirement of Geetanjali Group of Jewellery Franchise Opportunity. 

Profit Margin of Gitanjali Jewellery Franchise Business

Many people are looking for the Gitanjali Jewellery Franchise Profit Margin. So, here we will share the complete details about it. In the Gitanjali Jewellery Franchisee, you can generate a profit of up to 28- 30% on Investment annually. According to heavy Investment Franchise, it will also provide heavily profitable business. The 96% commission is taken by the Franchisee and only 4%-5%  royalty is charged by the company. You will get the ROI in 12-24 Months. If you invest 8 Crores, then you can generate a profit of up to Rs 2-2.5 Crores. To calculate your profit you can deduct the total expenses from the gross sales, and you will get the profit amount.

Gitanjali Jewellery Franchise Contact Details

• Office Address: Gitanjali Jewellery Retail Pvt. Ltd., Premier House, 7th Floor, MIDC Main Road, Opp. Tunga Paradise
  Andheri (East), Mumbai – 400 093. India.
• Contact Number: +88 01678 73 77 07/ +88 02 888 1416
• Email ID: [email protected]
• Official Site: www.gitanjalijewellers.com