If you are an entrepreneur looking for you can start a steady business getting the Nilkamal franchise. The company has become a reputed brand since its establishment in 1990. In order to achieve future growth, the company has set up 15 factors all over the country. Now the company has decides to offer Nilkamal Furniture Ideas franchises all over the country.
Nilkamal Furniture Ideas was launched in 2011 for achieving growth and making its products available in every Indian city. It is a chain of retail stores offering Nilkamal branded home décor products. Presently, the leading furniture company has stores in over 70+ countries and has over 80 franchise partners. It offers complete range of home and office furniture. Besides, the company also provides numerous services such as product installation, easy EMI options, home delivery, etc.
Before going on, I think it is the best place to introduce myself to acquaint the readers. After completing my MBA (Retail), I got placement at one of the best nitrogen plant manufacturing companies in India. After working for 5 years in the air separation plant making industry, I got an opportunity to work with one of the most trust furniture making brand in the country. Here, I went on to serve in the company for over 25 years. I rose through the ranks retiring from the company while working as vice-president to set up my business as a consultant.
Benefits of Choosing Nilkamal Furniture Ideas franchise
There are many benefits of choosing Nilkamal franchise including it is considered the top brand by the customers. By the way, it is the largest manufacturer and supplier of molded plastic furniture. The leading furniture company continues to introduce new innovations to maintain their leadership position. No denying it is known as the complete furniture solution provider. The company offers every home décor and furniture products. They provide solutions for bedroom, living-room, seating and storage. The following are the numerous benefits of taking Nilkamal franchise:
- It is the No.1 furniture brand in the country with a large base of loyal customers.
- Obtaining the franchise will make you part of the most trusted brand.
- By introducing Nilkamal Furniture Ideas the company has launched a business that will be sustainable in the future. With the support of the company, the franchisees will receive excellent growth.
- Entrepreneurs also have the option to finance their purchase of the franchise through bank loans.
- The company provides comprehensive training and support for setting up the store. They also help in growing the business.
- Franchisees also get excellent support for promotion and marketing of the company’s products.
- Excellent support for logistics, delivery and operational procedures.
Eligibility for getting Nilkamal franchise
Getting the franchise is not easy as Nilkamal has set stringent conditions for awarding it. Before applying for it, it is important for you to ensure that you meet the essential criteria, which is described below:
- Applicant should have attained the age of 21 years.
- It is imperative for the wannabe franchisees to comply with conditions and standards set by Nilkamal.
- You must show drive and commitment to run the business.
- Prior experience in the furniture will be considered a plus even though it is not essential.
- Must provide great customer service
Requirements for getting the franchise
Being the No.1 brand in furniture, Nilkamal has set certain requirements for applicants looking to apply for franchises. Some of the conditions are described below:
Space
Minimum space needed for the franchise is 5000 sq. ft. Besides, it is also essential that front area is not less than 30 sq ft.
Investment
Applicants must demonstrate financial capability to invest Rs 60 lakh for getting the franchise with carpet area of 5000 sq. ft.
Prior Experience Preferred
Having experience of working in the furniture industry is preferred even as it is not mandatory.
Educational qualification
Applicant must have attained a minimum educational qualifications specified by the management of Nilkamal.
Manpower
The company provides training to the manpower hired by the franchise owners so that they maintain quality standards of Nilkamal.
Documents Required
For getting the franchise, it is essential for the applicants to deposit genuine documents at the time of submitting the franchise application. It is important that you check the documents thoroughly before submitting the documents. Following documents are needed:
- ID Proof: Aadhaar Card, PAN Card, Voter Card
- Address Proof: Electricity Bill/Rent agreement/ NOC
- Qualification certificate
- Photograph, Email Id, Mobile Number
- Current A/C and cancel cheque
- Shop agreement / Sale deed
- Rent agreement
- NOC
- GST number
- Salon trade license
Expected Profit margins
Nilkamal franchise offers excellent profit margin for the franchisees. It is one of the few franchisees that promise to deliver profit within the first year of opening the franchise. No doubt, the entrepreneurs would like to know about return on investment (ROI) as it would help them make their financial projections. The company promises 35% average ROI in three years, which is excellent by any standards. In order to get higher ROI it is mandatory for you to generate consistent growth in sales.
Amongst the benefits of opening the franchise, you will be able to get the payback in less than 30 months. As stated earlier, you will start showing profit within one year of starting the franchise. The leading furniture maker provides full brand support after you become a partner. As a franchise, you will get complete range of trending furniture products of Nilkamal. There is ever-growing demand for their innovative and beautiful furniture items.
Fitting with their brand value, the company has got 1 million square feet of manufacturing facilities which are located different parts of the country including one in Samba (Jammu Kashmir), Greater Noida(UP), Kharadpada Vasona & Silvasa, Sinnar( Maharashtra), Barjora( West Bengal), etc. The company has ISO 9001:2008 certification for manufacturing & supplying high quality products. And, it has got 39 regional offices in different parts of the country.
