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Promart retail India Private Limited- discounted retail chain and value format concept opened a franchise store in Jodhpur. Spread over an area of 2000 sq.ft, the Promart store has popular brands like Levis, Pepe, Wrangler, Lee, Spykar, Disney, Stori and many more under one roof.
The existing stores are already running successfully in Ahmedabad, Vadodara, Rajkot, Vapi, Aurangabad and Mumbai while now it has set foot in states like Maharashtra, Himachal, Jammu and Kashmir, Punjab, Haryana and Rajasthan via franchising route.
On this occasion, Ashish Garg- Managing Director (MD), Promart Retail said, “We are very pleased to announce our intent of establishing footprint with the launch of this store in Jodhpur. This is an attractive market for us and after successfully opening company owned stores in various pockets of India, we think franchising is a great model to attain a faster turnaround with will enable us to achieve a better ROI in the long run.”
Furthermore, he added, “We plan to launch 100 more outlets in the next year which we have identified as potential retail markets via the franchising route which makes a good business proposition for us. We are looking to clock in a turnover of INR 200 crore as a part of this model.”
