Big opportunity from a big brand, Prestige Xclusive (earlier known as Prestige Smart Kitchen), the exclusive store from TTK Prestige Ltd - a 64-year strong brand and India’s largest kitchen appliance company with a turnover of Rs. 2100 crores. Prestige Xclusive has been the winner of the Best Franchiser Award for 10 years in a row. Quite natural, if you consider that Prestige is a Super Brand!
With 569 stores spread across 334 towns and 27 states, Prestige Xclusive has a proven time tested business model that has succeeded throughout the last 16 years.
Retail initiative of TTK Prestige Limited
TTK Prestige Limited – India’s largest kitchenware company – turnover 2017-18 – Rs 1848.71 crores
Product categories include –Pressure cookers , cookware, Gas Stoves, Mixer Grinders, small electrical appliances like Rice cookers, Irons, Kettles, Sandwich makers, Electrodomestic appliances like Chimneys, Hobs.
New Category- cleaning solutions
The ‘ home improvement ‘ category is estimated to be over Rs 1 lakh crores.
The organised retail in this category is just a few thousand crores.
Largely confined to the metros and the mini metros.
Very few players No organised player in the kitchenware category.
A huge opportunity beckons us.
Floor area requirement 300 - 800 Sq.ft
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes