MANYAVAR

  • 1000-2000 sqft
    Area Req
  • 40 lac - 1 cr
    Investment Size
  • 500+
    No. Of Franchise Outlets
  • 1999
    Establishment Year

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Category: Clothing

Subcategory: Ethnic Stores

Manyavar is a men's ethnic wear brand founded in India by entrepreneur Ravi Modi in 1999 under his company Vedanta Fashion. Manwar offers sherwanis , kurtas and Indo-western clothing for men. The brand started with a 150 square foot store in Kolkata and has now expanded to over 570 stores in 180 cities in India and abroad.

EXPANSION PLANS

North Delhi, Haryana, Punjab, Uttar Pradesh
South Tamil Nadu, Andhra Pradesh
East Tripura, Arunachal Pradesh, Manipur, Sikkim
West Gujarat, Rajasthan , Maharastra
Central Bihar, Madhya Pradesh, Chhattisgarh
Union Territories Daman and Diu, Lakshadweep

Commenced Operations

Operations Commenced On 2008
Franchise Commenced On 2008

Franchise Details

Investment 40 lac - 1 cr
Franchise/Brand Fee NA
No. Of Franchise Outlets 500+
Royalty/Commission -
Establishment Year 1999

Details

Anticipated % ROI 50%
Likely Pay-back Period 1.5 to 3 years
Other Investment Requirements 40 lac - 1 cr

Type of Property Required Commercial
Floor Area Requirement 1000-2000 sqft
Preferred Location -

Detailed Operating Manuals Y
Training Location -
Field Assistance Available? Y
Expert Guidance from Head Office Y

Standard Franchise Agreement? Y
Franchise Term (years) 5
Renewable? Y

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