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Sarangi The Store
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Sarangi The Store
Industry:
Clothing Franchise
Investment:
75Lakhs - 1Crore INR
Segment:
Ethnic Stores
Space:
1000 - 2000 sqft.
Established:
2009
Number of Franchisee:
Less than 10
Sarangi The Store
<p>&lt;h2&gt;&lt;big&gt;&lt;strong&gt;&lt;a href=&quot;https://www.sarangithestore.com&quot; target=&quot;_blank&quot;&gt;Sarangi&lt;/a&gt; works with talented master weavers of Kanchipuram to bring the finest selection of bridal silk sarees to contemporary audiences in your city.&lt;/strong&gt;&lt;/big&gt;&lt;/h2&gt; &lt;p&gt;&lt;strong&gt;Customers say:&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;&lt;em&gt;&quot;I wore this beautiful sari for my friend&#39;s son&#39;s wedding in California. The texture and weave were gorgeous, and the sari draped beautifully on me. I felt good inside out&quot;&lt;/em&gt;&lt;/p&gt; &lt;p&gt;&lt;em&gt;&quot;It was a pleasure shopping at Sarangi&quot;&lt;/em&gt;&lt;/p&gt; &lt;p&gt;&lt;em&gt;&quot;I received many compliments when I wore it to a function recently. Hope to purchase more quality handloom silk saris from Sarangi&quot;&lt;/em&gt;&lt;/p&gt;</p>
Investment Details
Date Commenced Operations: 2009
Date Commenced Franchising / Distribution: 2017
Marketing / Training / Documentation
Do you currently have detailed operating manuals for franchisees? : Yes
Do you have a Franchise Agreement? : Yes
Do you have a Bankable Business Plan? : Yes
Where is Franchisee Training Provided? : Chennai
How long is the Initial Training Programme? : 3 Days - 1 Week
Ideal Franchisee Profile
A successful Sarangi partner possesses two key qualities: a great service attitude and the ability to quickly learn our proven management techniques. Having some business experience could be a bonus, but is not an essential factor for your Sarangi success.
Frequently Asked Questions
What is Sarangi?
Sarangi is a Chennai-based Kanjivaram Saree specialist. Sarangi works with the talented master weavers of Kanchipuram to bring the finest selection of bridal silk sarees to contemporary audiences across the world. Sarangi is now offering omni-channel franchise opportunities throughout the country. Sarangi’s franchise business is perfect for both first-time and experienced entrepreneurs.
What makes Sarangi special?
Sarangi stands apart with its focus on three aspects: * The leisurely shopping experience that treats customer happiness as a top priority. * The considered selection of high quality saris (instead of offering the world’s largest collection). * The pursuit for lifelong customer satisfaction. Sarangi's franchise model is an omni-channel model, combining the best of the physical and internet world. As a franchisee, you will be more than happy to walk your way to the banks, from owning a Sarangi® sari franchise In India."
What is the market response on Sarangi’s collection so far?
Our consumers have always appreciated and loved our products. They keep sending their good wishes and appreciation all the time. * “I received my beautiful sari on 27th Dec. It was for a marriage function. Everyone loved it. Thank you so much for your assistance in everything and I appreciate your professionalism. Definitely looking forward to shop from you in future. Thank you so much.” – Ann Maria Thomas, Kerala * “I received the saris today as they were hand delivered from Mumbai. Loved all 4 of them. Next time either I visit the shop myself in Chennai or the shipment will go directly to Canada. Please keep on sending sarees of the day so I can stay up to date on your stock. Thank you.” – Riffat Chaudhary, Milton * “I received many compliments when I wore it to a function recently. Hope to purchase more quality handloom silk saris from Sarangi.”
What does it take to become a successful Sarangi Franchisee partner?
A successful Sarangi partner possesses two key qualities: a great service attitude and the ability to quickly learn our proven management techniques. Having some business experience could be a bonus, but is not an essential factor for your Sarangi success. In fact, having no experience is helpful. You won’t be bogged down by preconceived ideas about success and we can impart the Sarangi methodology to you much faster.
Will it work in my city?
Our franchisee experts will do a thorough market evaluation study in your city. This will reveal, without any doubt, whether it makes sense to open a Sarangi store in your city.
How much money do I need?
You will have to invest Rs 90 Lakhs upwards for a 2000 sqft Sarangi outlet. This could vary from city to city and does not include the property advances. Before we discuss this in further length, we’d like to find if this opportunity is something you would benefit from. If you are quite intent about becoming the next Sarangi franchise contact Franchise Bazar to make a suitability assessment. They will then help you with the detailed financials upon approval of your profile.
How much income can I expect to make?
We estimate a 30% return on investment (ROI) in the first year and 50% from the third year onwards.
Do you provide training to help me start?
Absolutely. Once we qualify you as a Sarangi franchisee, multiple training sessions will be scheduled for you. You will learn the full cycle of store operations – from inventory management to sales to marketing to customer support – in a supportive and guided fashion at an existing Sarangi outlet. This will get you up to speed with the Sarangi way of running a successful outlet.
What are the different kinds of support the franchisor offers the franchisee?
Our support covers five key franchise operations: 1. Merchandising 2. Staff training (offerred free for one year) 3. Store design and interiors 4. E-commerce/omni-channel management 5. Operational guidelines
What factors influence the high ROI in a Sarangi franchisee? How does the ROI from Sarangi franchisee compare to other options?
Sarangi is built from the ground up to achieve rapid stock turnovers and gain maximum exposure to every sari. This is made possible by the exclusiveness of Sarangi saris and the unique omni-channel retail model. These factors produce high profits of 25% on store sales and 10% on ecommerce sales to the Sarangi franchisee.
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1 Review
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FranchiseBazar Admin on Jan 03, 2018 03:44 PM
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Business Information / Summary
How many franchisees are presently operational in home country? : Less than 10
How many franchisees do you have across the world? : Less than 10
How many company owned outlets do you have? : Less than 10
Franchise / Business Suitability
Is Franchise/Business Opportunity suitable for women? : Yes
Is Franchise/Business Opportunity suitable for Senior citizens, retired professionals and/or people above 50 years of age? : Yes
Is Franchise/Business Opportunity suitable for Fresh Graduates and/or Students? : Yes
Can the franchisee work from home? : No
Is Franchise/Business franchising internationally? : Yes
Is Franchise/Business seeking Multiple/Master Franchisees? : Yes
Does this Franchise/Business qualify as a Multi Level Marketing Opportunity - MLM Business? : No
Is this Frnachise/Business a Manufacturing/Job work or an assembly related opportunity? : No

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