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Franchise for DivyavastraTM

Minimum investment at Maximum Retail Price (MRP) : Rs. 15,00,000 /- (Inclusive of taxes)

  • Stock Breakup

    • Stock in 92.5 % sterling silver only.
    • For display, 11 idols with customized vastras: Option available between Shri Sai Baba, Shri Tirupati Balaji, Shri Ganeshji, Laxmiji, Durga Ma and Shri Jain Tirthankara. Shri Radha & Krishna, Ram Darbar, Shri Veer Hanuman, Saraswati Ma and Shreenathji. DivyavastraTM can also customize the above as per regional requirement. These 11 vastras and idols can also be sold by the distributor. In case of a sale, the frenchise will have to procure another piece of similar idol size with customized vastras for display. (Section: A and E)
    • For stock, Standing Devi Ma vastras in three standard sizes. Total: 3 pieces. (Section : B)
    • For stock, Shri Bal Gopal vastras in eight standard sizes. Total: 15 pieces. This is flexible as per the geographical terrain and the specifications of the region. (Section : C)
    • For stock, accessories like chunri for Mata, small flowers for decoration, mukuts for idols, Shrifal and Sinhasan etc. (Section : D)

    Stock Evaluation: Rs. 15,00,000/-

    Section A:   11 vastras for idols on display
    Total of Section A :   Average 11 vastras will cost approx Rs. 11,00,000/-
    Section B:   Devi dresses in three sizes (Small, Medium and Large); Total: 3 pieces
    Total of Section B :   Average 3 Devi Dresses will cost (approx) Rs 50,000/-
    Section C:   Shri Bal Gopal dresses in eight sizes; Total: 15 pieces
    Total of Section C :   Average 15 dresses of Bal Gopal will cost (approx) Rs. 1, 00,000/-
    Section D:   Accessories in mix range as Flowers, Scarves, Shrifal, Sinhasan etc.
    Total of Section D :   Mix range of Accessories will cost (approx) Rs. 1, 25,000/-
    Section E:   11 Idols for Display
    Total of Section E :   11 idols will cost (approx) Rs. 1, 25,000/-
    Total Stock Value:   Rs. 15,00,000/-(MRP)
    Breakup of Total Stock Value: Rs 11, 00,000 (Section A) + Rs 50,000 (Section B) + Rs 1, 00,000 (Section C) + Rs 1, 25,000 (Section D) + Rs 1, 25,000 (Section E).

    Note: Minimum investment can marginally increase as per clients requirement.

  • Terms And Conditions

    • Please note the margins for customized pieces remain the same as listed above.
    • For customization the client/ franchise can send the idol to the DivyavastraTM head office at Mumbai or the client/ franchise can send the sample of the vastra and the size of the idol (length*breath*width) with photographs to us.
    • Franchise has to appoint a local person (who will be trained at the head office at Mumbai) for measurements of customization.
    • The franchise recovers the cost that he incurs when the local person is sent to take measurements at the venue proposed by the client by billing it to the client.
    • In case the client/ franchise wants the head office to undertake the process of measurement for the customized idol, customization fee is charged for a personal visit to take measurements, trials and delivery. The fee of Rs. 5000/- to Rs.10000/- should be paid in advance as a customization fee; this includes travel, food and stay of the person and visit charge of Rs. 1000/- per day. 100% advance of the estimated price is required to execute the customized orders. Final price can be varied more or less 10-20% from the estimated price. Minimum billing for customization should be at least Rs. 1,00,000/-
    • Customization fee is non refundable if the order is not executed. The fee will be adjusted in final price if the order is executed.
    • Product pricing is per piece.
    • In case of gold, the standard charges are applicable according to the weight and carat of gold and making charges for the same. In case of customization in gold; we use 14, 18 and 22 carat gold.
    • Vastras can be also made in Gold and Silver combination.
    • No buy back policy.
    • No Goods to be returned.
    • Exchange policy can be arranged between franchises, if viable.
    • All prices are FOB Mumbai.
    • Minimum area for display and branding stands at 5 sq meters in a branded showroom, preference will be given to those dealers who offer more space.
    • Dealers who can offer the front fade of the store will be preferred.
    • Warranty policy as attached with the product.
    • Silver in 92.5% sterling silver, anti tarnish and rhodium plating.
    • All prices listed are approximate as the price will vary per piece.
    • Time period for delivery of order stands from 30 to 90 days from date of receipt of advance payment, varying according to the product ordered.
    • Franchise will only be given on 100% advance payment of the total franchise package.
    • Please note no two pieces can be identical as the entire product is handcrafted under patented technique. From the fabric itself to its weaves and textures the entire product is patented under DivyavastraTM.
    • The product is created by a skilled set of craftsmen at the in house DivyavastraTM workshop.
    • Franchiser cannot sell the products of DivyavastraTM above or below the Maximum Retail Price (MRP) for silver category.
    • Franchiser can sell products of Divyavastra above the Suggested Selling Price (SSP) at reasonable increase in profit margin. i.e. 5-10% on labour charges for the gold category.
    • Price is inclusive of all taxes. Tax slab (applicable as per C.S.T. & M.VAT Laws) @ 1%, 2%, 5%, 12.5% and 15% applicable as per the material used in the vastras and idols.
    • C Form is compulsory on application of C.S.T.
    • Please note the terms and conditions of franchise offer and warranty policy can change without prior notice with sole discretionary powers with UCJPL and are subjected to Mumbai jurisdiction.
    • The rights of franchise reserved with UCJPL.
    • UCJPL indicates Union Chains & Jewellers Pvt. Ltd. & DivyavastraTM is an ownership brand of UCJPL, Mumbai.

  • Franchise

    Model:   Distributorship
    Area :   150sq. ft.
    Investment :   INR 40 to 45 Lakhs
    Target Region :   Metro Cities
    Model:   Distributorship
    Area :   150sq. ft.
    Investment :   INR 25 to 30 Lakhs
    Target Region :   Tier 2 Cities (Other Cities)
    Model:   Exclusive Brand Outlet
    Area :   300sq. ft.
    Investment :   INR 35 to 40 Lakhs
    Target Region :   Metro Cities
    Model:   Exclusive Brand Outlet
    Area :   300sq. ft.
    Investment :   INR 25 to 30 Lakhs
    Target Region :   Tier 2 Cities(Other Cities)
    Model:   Shop in Shop
    Area :   100sq. ft.
    Investment :   INR 5 to 10 Lakhs
    Target Region :   All major cities Pan-India
  • Deliverables at Union Chains and Jewellers Private Limited:

    • Continuous flow of stock.
    • Advertising and Public Relations (PR) for Divyavastra in newspapers, magazines and electronic media on a PAN India level. These will be brand specific and we will carry the list of franchise in our advertisements. Advertising will initially start in B2B media and later gradually cover B2C media.
    • DivyavastraTM branding at the display area in the franchise store in the form of fascia, posters etc.
    • Packaging for the brand. Separate packing for idols and vastras.
    • Catalogue and CD for DivyavastraTM which can be distributed to clients and press.

    • Cheque to be made in favour of Union Chains and Jewellers Pvt.Ltd., Payable at Mumbai

      RTGS Details:

      Union Chains and Jewellers Pvt. Ltd.
      IFSC Code: SBIN0001593
      State Bank of India, Back bay Reclamation Branch, Nariman Point, Mumbai-21

      A/C No: 10972437701

      For multicity cheques (payable at par)

      Union Chains and Jewellers Pvt. Ltd.
      IFSC Code: SBIN0001593
      ICICI Bank, Fort Branch,

      A/C No: 623505379377



Union Chains & Jewellers Pvt. Ltd.

336, A-1, Shah & Nahar Industrial Estate, Dhanraj Mill Compound, SJ Marg, Lower Parel (W), Mumbai -400013
Email: divyavastra@unionchains.in
Website: www.divyavastra.com
Tel: +91-22-24977001/2.
Tele Fax: +91-22-24977003.
Assistant Brand Manager: Gaurav Adarkar
Director: Rakesh Sanghvi- 09821065461, Kripesh Sanghvi- 09833133451


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