Franchise India and APS Group-the premier real estate group jointly organised a Franchise Meet on October 8th 2011 at Tri City Plaza, Peer Muchhalla in Panchkula.
The event gathered more than 150 serious investors and over 30 brands participation. Brands like US Pizza, John Players, Provogue, Jawed Habib, Killer, Store 99 showed their keen interest in the property. This agenda was specially designed keeping in mind the growing number of malls mushrooming across India and the SME aspiring to own a brand name for their business. Thus Franchise India provides these brands and investors a common platform in association with the developer to provide the SME a lucrative premise.
Vishal Goyal, Managing Partner, AP Shresth Colonisers opined, “With the reference of our ongoing residential and commercial projects, we can very well imagine the upcoming scenario of the stipulation of the residents of this area. A one-stop-shop having retail stores, shopping plaza, corporate offices, restaurants, entertainment etc would be required in near future. APS Group is planning to step out for such kind of project with a clear vision and investment.”
Gaurav Marya, President, Franchise India states; “Globally, it is found that franchisee run store performs more efficiently then company operated stores in terms of sales revenue. In India it has also been observed by the retailers that overall costs of a franchisee store are 33 per cent less than a company owned store. Our main intend of holding a Franchise Meet is to bring together the local investors and big bands under one roof to explore these exceptional opportunities which will benefit both the parties in making an informed decision.”
Franchise Meet is a platform binding franchises and retail brands with local business investors coupled with ideal business location in a leading mall. This exclusive meet educated investors about the nuances of franchising and the pitfalls to avoid en root to become a successful franchisee.