About brand - Croma
Croma is India's first and most trusted large format specialist retail store. Founded in 2006, Croma caters to everyone’s multi-brand digital gadgets and home electronic needs.
With over 16,000 products across 550+ brands through 400+ stores spread across over 130+ major cities of India, Croma is a brand of Infiniti Retail Ltd., part of the Tata group. Croma promises a wide range of assortment, the right advice from their trusted electronics experts & lifetime assurance on electronics purchased from them.
In 2008, with an intent to delight customers further, Croma launched its own-label products. Croma currently has 400+ products in the Own Label category that use the latest technology and are curated by in-house experts with competitive pricing. The range is a perfect fit for those who desire a completely feature-packed and quality product.
Croma Franchise Cost & Investment
Commenced Operations
Operations Commenced On 2005
Franchise Commenced On 2020
Franchise Details
Units
Investment INR 2 Cr. - 5 Cr
Franchise/Brand Fee INR 0000
Royalty/Commission 00 %
Details
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 16 %
Likely pay back period of capital for a Unit Franchise 1-2 Year
Croma Expansion Plans
North
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
South
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
East
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West
Gujarat, Rajasthan, Maharashtra, Goa
Central
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Croma Franchise Requirements
Type of property required for this franchise opportunity Commercial
Floor area requirement 8000 - 10000 Sq.ft
Preferred location of unit franchise outletUpmarket residential I Malls I Travel retail I education I corporate
Croma Franchise Training
Detailed operating manuals for franchisees Yes
Franchisee training location Headoffice.
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Croma Franchise Agreement Details
How long is the franchise term for? 15 Years
Is the term renewable? Yes
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