Starting a business is not easy but a company like an orient electric will be easy and secure.
Orient Electric Smart Shop is an extension of Orient Electric’s ongoing efforts to create more engagement points to improve the consumer experience and grow the business.
Orient Electric’s product range
- Fans: Ceiling Fan, Wall Fan, Pedestal Fan, Table Fan, Exhaust Fan, Multi-Utility Fan
- Home Appliances: Water Heaters, Grinders (Mixers, Juicer Mixers, Wet Grinders), Air Coolers, Hand Blender, Rice Cooker, Dry Irons, Room Heaters
- Lighting: LED, CFL, Halogen, Professional Luminaires, FTL & GLS, Fittings
- Switchgear & Wiring Accessories: Miniature Circuit Breaker (MCB), Residual Current Circuit Breaker (RCCB), Distribution Board, Isolator, Wiring Accessories
Franchise Opportunities
Orient Electric is open to mutually beneficial alliances and offering a business opportunity.
Orient Electric is looking for partners who are ready to join hands with us in opening an Orient Electric smart shop in their respective cities.
Franchise business offer
Initial criteriaÂ
The franchise would be required to provide at least. 800 sq. ft. carpet area in a strong retail area on the ground floor with a frontage of at least 15 ft.
Storage space for the stock would be the onus of the franchise and additional expense if any, for the same would be borne by the franchise.
The Franchise will personally manage the Orient Electric Smart Shop.Â
In the absence of his presence, the Franchise will hire a store manage the store.Â
Orient electric smart shop franchises would also provide one dedicated resource in the form of a helper for the upkeep and maintenance hygiene factor of the store.
Investment costÂ
The initial set-up investment stands at an estimate of Rs. 20 Lakhs. The breakup is as follows
| Particulars | Approx. Cost (in Indian Rupees) |
| Civil Work (False Ceiling, Floor Work, Glass Facade, Electric Fittings, Air Conditioner, etc.) | Rs. 4 Lakh(varies with the store size, layout, and variance in standardized rates) |
| Stationery and Office Equipment (Personal Computer, Licensed Tally Software, Television, CCTV, Printer, etc.) | Rs. 1 Lakh |
| Display Stock | Rs. 5 Lakh(additional Time Support of 50% off on MRP per SKU) |
| Hand Saleable Stock | Rs. 15 Lakh |
| Security Deposit (Refundable, with 7% Rate of Interest p.a.) | Rs. 4 Lakh |
| Total Initial Investment (One-Time) | Rs. 25-30 Lakh |
Store interiors, layout, and branding are done as per the guidelines laid down by Orient Electric through its appointed designing agency.Â
The interior fixtures and branding cost will be borne solely by Orient Electric and therefore will be Orient Electric’s property.Â
The Franchise is expected to maintain the high quality of the interior throughout the operation of the Smart Shop.Â
Any subsequent maintenance cost, handling damages, and wear-and-tear, will be borne by the Franchise to conform to the quality standard as defined by Orient Electric.
Documents requiredÂ
If you are looking for an Orient electric smart shop franchise you must fulfill certain criteria and resident of India along with the documents.Â
- GST certificate
- PAN card
- Aadhar Card
- Photographs
- Voter ID card
- Company/Firm Registration Papers
Your success-company success
When you associate with Orient Electric, you choose an alliance that will continually yield impressive returns on your moderate investments.
Orient Electric is committed to maximizing the prospects of the success of both existing and new franchises.
Preferred business partner profile
- Entrepreneurs with substantial experience in the electrical goods business
- Professionals from the distribution industry willing to partner in retailing
- Existing retailer of electrical goods and appliances
- Young local investors with a flair for the retail business
- Sound business understanding
Consumer-centric approachÂ
The consumer, today, has high expectations when he steps out to make a purchase.
Through Orient Electric Smart Shops, Orient Electric wants to create and deliver distinctive consumer experiences.
Orient Electric Smart Shop will not only house an entire range of products but also offer value-added services to add to consumer delight.Â
Trained in-shop demonstrators will be available at every Smart Shop to provide detailed product information and product demonstrations to help consumers make an informed buying decision.
Why the Orient Electric franchise?
Orient Electric Smart Shops serve as exclusive and franchised one-stop shops offering an opportunity for the consumer to experience and choose from a wide range of products under a single roof while providing an opportunity for orient franchise partners to associate with the company in orient team efforts of business expansion.
Orient Electric smart shop will cater to all the electric ranges that can solve customer problems.Â
