Best Jewelry Franchise in India – List of Top 10 Jewelry Franchise to buy

This article will highlight the Top 10 Jewelry Franchise in India that has recorded the highest popularity.

Jewelry is said to be a woman’s best friend as she prefers investing a lot of money in buying it. Gold, silver, diamond, and platinum jewelry items never go out of fashion.

This is a primary reason that marks high sales in jewelry shops across the nation. Therefore, investors can get the Best Jewelry Franchise and earn a lot of revenue through it.


Best Jewelry Franchise in India – Top 10 Jewelry Franchise for Business

Lets glance at list of Top 10 Jewelry Franchise in India

RankTop Jewellery Franchise
1Tanishq
2Kalyan Jewellers
3Bluestone
4Nakshatra Diamonds
5Senco Gold
6Gili
7PC Jewellers
8Gitanjali Jewels
9JewelSouk
10Asmi Diamond Jewellery

People in India invest a lot of money in different forms of jewelry. Therefore, one can find a dedicated jewelry market  in each town.

Best Jewelry Franchise

However, not all of them mark high sales since people prefer visiting trusted brands.

Therefore, a business owner should invest in the Best Jewelry Franchise in India, having a good customer base.

This portion of the article will throw light on the Top 10 Jewelry Franchise in the nation. They are Tanishq, Kalyan Jewellers, Bluestone, Nakshatra Diamonds, Senco Gold, Gili, PC Jewellers, Gitanjali Jewels, JewelSouk, and Asmi Diamond Jewellery.

Readers will find numerous vital details on these jewelry franchises that will guide them to make the right decision.

Therefore, investors interested in getting any of these franchises should not miss out on a point in this article.



Tanishq – Best Jewelry Franchise in India

Founded by Bengaluru-based entrepreneur Xerxes Desai in 1994, Tanishq is the Best Jewelry Franchise in India.

It has over 200 franchise outlets in different cities, recording a huge turnover every year. Investors will have to spend around ₹ 1.5 Crores to 3 Crores to get this jewelry franchise.

The franchisor claims 25% of the revenue earned by a franchise outlet. Business owners have to rent or own an area of 2000 to 5000 sq. ft. and appoint 5 to 9 staff members to run this outlet.

They also require computers, an internet connection, a billing counter, a product display section, AC, and CCTV.


Kalyan Jewellers – Top Jewelry Franchise in India

Kalyan Jewellers is a popular jewelry brand and one of the Top Jewelry Franchise in India. T. S. Kalyanaraman founded it in 1993, and the first outlet was opened in Thrissur.

Today, this jewelry store has around 16 outlets in different parts of the nation.

The one-time franchise fee is around ₹ 5 Lacs, and the infrastructural investment will range between ₹ 50 Lacs and 1 Crore.

Franchisee of Kalyan Jewellers has to share 4% of the total revenue earned by him. He will have to set up the outlet in 1000 to 1500 sq. ft. area and employ 6 to 10 staff members.

The store should have computers connected to the internet, a billing counter, jewelry display section, AC, and CCTV set-up.


Bluestone – Top 10 Jewellery Franchise in India

Bangalore-based business owner Gaurav Singh Kushwaha founded Bluestone in 2011. It is one of the Top 10 Jewelry Franchise in India, with around 10 outlets across the nation.

The one-time franchise fee for 5 years is ₹ 5 Lacs, and the infrastructural investment involved is between ₹ 1 Crore and 2 Crores.

This franchisor claims 10% of the revenue made by a franchise outlet.

An outlet of Bluestone should be 500 to 1000 sq. ft. unit area and 2 to 7 employees should work in it.

Computers, internet facility, billing counter, jewelry display area, AC, and CCTV are mandatory for this franchise outlet.


Nakshatra Diamonds – Best Jewelry Franchise to Invest

Nakshatra Diamonds is counted among the Best Jewelry Franchise to Invest in.

It was founded by Prafulchandra Patel in 2011 and has over 200 stores across the nation at present.

Investors can get this franchise for 3 years with a one-time fee, and they will have to invest ₹ 70 Lacs to 3 Crores for infrastructural purposes.

A Nakshatra Diamonds franchise owner has to share 20% of the revenue earned with the franchisor.

They will have to own or rent an area of 500 to 1000 sq. ft. and employ 2 to 8 staff members to run the store.

Internet connectivity, product display area, billing counter, AC, and CCTV set-up are mandatory.


Senco Gold – Top Jewelry Franchise to Invest

Senco Gold is one of the biggest jewelry chains in Eastern India, spreading its wings across the nation with over 50 outlets.

Founded by Prabhat Chand Sen, Shaankar Sen, and Suvankar Sen in 1950, it is considered a Top Jewelry Franchise to Invest in.

Business owners will have to invest around ₹ 1 Crore to 5 Crores to set up the infrastructure of this jewelry store.

This franchisor takes 2% of the total revenue earned by a franchisee. The store should be 250 to 500 sq. ft. unit area and have 2 to 5 employees.

Other mandatory requirements include computers connected to the internet, a billing counter, a product display section, CCTV, and AC.


Gili – Top 10 Jewellery Franchise to Invest

Gili is a venture of Mumbai-based entrepreneur Dhanesh Vrajlal Sheth. It was founded in 1994 and currently has around 10 to 20 franchise outlets all over India.

Gili is one of the Top 10 Jewelry Franchise to Invest in that offers a 5-years franchise for a one-time fee of ₹ 4 Lacs to 7 Lacs.

The infrastructural investment will sum up between ₹ 1 Crore and 3 Crores.

The franchisee needs to share 15% of the total revenue with this franchisor. He will require an area of 500 to 1000 sq. ft. and 2 to 6 employees to run his store.

The outlet should have a jewelry display area, a billing counter, computers with the internet facility, AC, and CCTV.


PC Jewellers – Best Jewelry Franchise to buy

Founded by Padam Chand Gupta in 2005, PC Jewellers is one of the Best Jewelry Franchise in buy. It has around 10 to 20 franchise outlets across the nation.

This jewelry franchisor offers franchise for 9 years without any one-time franchise fee. However, investors need ₹ 5 Crores to 10 Crores to set up the infrastructure.

PC Jewellers franchisor claims 35% to 20% of the revenue collected by a franchisee. Investors need an area of 600 to 1200 sq. ft. to start this store and appoint 3 to 8 employees.

They will have to maintain computers, internet connection, a billing counter, a jewelry display area, AC, and CCTV in the outlet.


Gitanjali Jewels – Top Jewelry Franchise to buy

The eighth-name among the Top Jewelry Franchise to buy is Gitanjali Jewels. It was set up by Mehul Choksi in 1966 and currently has around 180 to 200 franchise outlets nationwide.

Investors can get this franchise for 3 years by paying a one-time fee of ₹ 5 Lacs, and the infrastructural investment amount ranges between ₹ 1 Crore and 2 Crores.

A franchise owner of Gitanjali Jewels can retain up to 96% of the total revenue earned. He will have to set up the store in 500 to 5000 sq. ft. unit area and appoint 6 to 10 staff members.

Computers connected to the internet, AC, CCTV, a billing countre, and a product display area should be maintained in the store.


JewelSouk – Top 10 Jewellery Franchise to buy

JewelSouk is a venture of Sudhirbhai Ambalal Mehta and is counted among the Top 10 Jewelry Franchise to buy.

Its first outlet was opened in Mumbai in 1989, and presently, the jewelry brand has around 12 franchise outlets across the nation.

The one-time franchise fee for 5 years is ₹ 1 Lac to 2 Lacs, and the infrastructural investment involved is between ₹ 20 Lacs and 30 Lacs.

The franchisor takes 20% of the total revenue earned by a franchisee. Investors require a store of 1000 to 2000 sq. ft. and 3 to 7 staff members to get the franchise.

They will have to maintain computers, internet connectivity, AC, CCTV, a billing counter, and a product display section.


Asmi Diamond Jewellery – Best Jewellery Franchise

Asmi Diamond Jeweller is one of the Best Jewelry Franchise in India.

It was founded by Chetna Jayantilal Jhaveri, Dinesh Gopaldas Bhatia, and Sudhirbhai Ambalal Mehta in 2002 and presently has many franchise outlets worldwide nation.

The one-time franchise fee for 3 years is ₹ 3 Lacs to 10 Lacs, and the infrastructural investment involved is ₹ 1 Crore to 2 Crores.

This franchisor claims 4% of the revenue earned by franchise outlet. Investors need to rent or own an area of 400 to 900 sq. ft. and appoint 6 to 10 staff members to set up this jewelry store.

Other requirements are computers with an internet connection, AC, CCTV, a billing counter, and a product display area.


Best Jewelry Franchise – Conclusion

These are the top 10 Jewelry Franchise to buy that can help investors earn a good amount of return.

Hope readers will find these details useful in choosing among the ten best Jewelry Franchise in India.



Important Links

Fashion Franchise
Franchise Opportunity in India

 

No Comments

    Leave a Reply