24/05/2022
CROMA Retail - A TATA Enterprise which is Nation’s first large format specialist retail chain for consumer electronics and durables, Inviting Franchise Partners(FOCO) in your city.
NOTE:
1. Existing (Running) CROMA Stores are also available for investment.
2. Investment Model: FOCO (Franchise Owned Company Operated) for both Existing and New Stores.
3. New Store area property requirement: 10,000 Sq.ft, standalone property, in a good location on ground floor and with ample parking area.
4. INVESTMENT: 5 CRORES
5. Owners of property are preferred for new store.
CONTACT: +917218702150
FINANCIAL FACTS:
✓ Investment varies between the range of 5-6 Crores, depending upon the size of the store, catchment and ageing of the store
✓ Return on Investment(ROI) varies from 14%-16% for rented store and 25% to 40% for own property.
✓ Payback period varies from 3-5 yrs
✓ Entire operations will be managed by Croma including store operations, inventory management, manpower and marketing
About:
Launched in 2006, Croma was the first one-of-its kind large format specialist retail store that catered to all multi-brand digital gadgets and home electronic needs in India. Over a decade since its inception, Croma has almost become synonymous for all electronics needs, with its tech-savvy staff, product range, online presence and the will to help customers.
✓ Croma has 176 operational stores across the country and we continue to expand
✓ 8.1 million customer base
✓ Average 600 per store per day walk-ins with 2-2.5x increase during festive
✓ Largest variety of brand and product variety across categories
✓ Latest & Best Brands available exclusively or launched at CROMA
✓ over 300 SKUs across kitchen appliances, Home appliances, Audio & Video, mobile & computing accessories
✓ Consumer acceptance for even higher ASP products ( AC, LCDs)
✓ “Most admired consumer electronics retailer” for 7 years in a row
✓ 15 Years of Strong Legacy
✓ A subsidiary of the Tata Group
✓ 6000+ products across 200+ brands
✓ Nationwide Popularity with Omni Channel presence