Requirement | |
---|---|
Investment Amount | Rs. 12,00,000 to Rs. 27,00,000 |
Land Area | 70 - 100 sq.ft / 100 - 150 sq.ft / 200 - 350 sq.ft |
Return on Investment | 30 - 50 % |
Franchise | https://www.photoexpress.in/pages/franchise |
Important Notes
Why Choose Photoexpress.in
- Photoexpress gives a Catalogue of choices; Economy, Value Added and Premium options available
- Fullfledged Support they will walk you through the store opening process from start to finish!
- A unique concept targeted to reach millions as the industry still remains underserved
- National, regional and local marketing programs drive customer walkins
- Continuous training provided for Operations, Recruitment and Business boost
To locate Photoexpress Stores in India please go through the link: https://www.photoexpress.in/pages/store-locator
Corporate Office
1st Floor, Sreevalli Nilayam Building, 1-65/16, Madhapur
Hyderabad - 500081
Phone : 040-60505021 / 7675042060
Email : [email protected] /[email protected]
Why Choose Photoexpress.in
- Photoexpress gives a Catalogue of choices; Economy, Value Added and Premium options available
- Fullfledged Support they will walk you through the store opening process from start to finish!
- A unique concept targeted to reach millions as the industry still remains underserved
- National, regional and local marketing programs drive customer walkins
- Continuous training provided for Operations, Recruitment and Business boost
To locate Photoexpress Stores in India please go through the link: https://www.photoexpress.in/pages/store-locator
About Photoexpress
PhotoExpress is chain of retail stores across PAN india which address photo printing needs and services in organised retail format. Initiated from popular kodak concept of shop in shop in western countries, which deals with instant photo printing solution and latest being print from kodak mobile app directly to store near by.
The company started operations in 2009 in Hyderabad and today has both Comapny Owned – Company Operated and Franchisee owned – Franchisee Operated stores across Bangalore, Hyderabad and Pune.
Services offered by Photoexpress:
- Instant photo print services
- Portraits, Personalized gifts
- I-phone, I-pad& tablet covers
- Wall decor
- A wide range of gifting products
- Customized corporate gifting solutions
1. What is the guarantee on ROI?
-The return on investment purely depends on your performance and ability to excel in all challenges. Do not expect miracle to happen! Even though you must be having the best of the locations and the best team to deliver yet, you need to steer the business or else, you will end up losing your investment. However, they will provide excellent training to control and develop your business but, you are the key to success and failure.
2. Can I add any other services to the Photoexpress.in services?
-Off Course but, with the permission from the Photoexpress.in head office. Also, if the related services proposed by you is approved then you will have to provide training and technical support
3. Do you add or update stock frequently?
-Yes, they keep checking what is best sold and emerging trend for sustaining competition . they keep circulate prior intimation mail regarding new launching and updating.
4. Do you supply the stock?
-Yes, they do supply products which are highly important to maintain quality consistency.
5. What is the list of things which you supply?
-Frames,gifts,Printer media, barnd stationary,Emplyee I card,uniform.
6. Why should I purchase stock from you?
-By purchasing from us, you will have standard year long quality and growing customers.
7. What are the charges for the stock that I purchase from you? When should I do the payments for the stocks that I purchased by you?
-they will advise you during the signing of the agreement, as it’s their internal process and understanding.
8. What is the profit margin percentage in this business?
-Cumulative 200% margin.
9. Who will pay the staff salary?
-Even though the skilled staffs will be recruited from the franchisor, the salary for the staffs working under the franchisee must be taken care by the franchisee.
10. Who will recruit the skilled staffs and provide them the training?
-The franchisor will recruit the skilled staffs and provide training. their training is intensive and they will advise you the process on your visit to their head office.
11. Do you provide SOP manual?
-Yes.
12. Do you provide SOP training?
-Yes.
13. How is the product pricing of Photoexpress Xclusive?
-The pricing decided by the Franchisor is per the trend. they don’t want to be less or expensive’ however, affordable. Each timetheir customer experience with us, they feel the value of the money spent.
14. Who will identify the vendors locally?
-The franchisor will identify local vendors if required as an urgency or at the time to cater bulk inquiry on short period.
15. Can I buy the equipments and tools locally?
-No.their equipments are made according totheir product and service standards,they will be having the stock in hand for the same purpose so, they advise you to purchase from us.
16. Can I purchase the interiors and exteriors like furniture’s, brand elements, pos, tools and sign boards locally?
-No.
17. Can I get any discount on franchise fee and royalty?
-No! on Royalty but, you can expect discount on franchise fee depending on your prompt coordination and interest with the best location fortheir business.
18. What is the guarantee that staffs recruited will not run away leaving the job?
-they have standardized HR system which will not allow staffs to quit the job without any reason and there will be an agreement between the employer and employee by law to follow the terms and conditions mutually and avoid any situation which will lead to loss of either party. Also, they will re recruit the staff by providing training again in a situation where the employee provides a month notice.
19. If I do not want to run the business due to some problem then, can I quit and what are the terms and conditions?
-Well, they will try to settle your business through local buyers and re do the new agreement with them and collect the franchisee fee from them and pay you along with the immoveable and moveable property settlement. Understand that there will be 20% charges on the fee that you should let go along with 10% depreciation on the moveable assets. You can get back the building advance but, you need to convince the property owner. However, a rental hike of 5% can be accepted. If there are any repairs and damages, you need to take care of the same before handing over the premises to the new franchisee.
20. Who can apply for this business?
-Anyone who can give full time can apply for this business
21. Is the term renewable?
-Yes and without any further charges
22. Is your trade mark applied for registered?
-Our brand trade mark and word mark is registered in INDIA and any misuse oftheir brand name will be penalized under the local law.
23. What marketing support will I get from investing in you?
-Our investment itself is less and so, they will provide all digital support and for initial 3 month marketing collateral provided by company as marketing support and you have to execute locally with help of your staff. After 3 months expect you to take care of the print and other local Media.
24. I want to open multiple stores, what should I do?
-Well, you need to have a premium store and add small format express store, you will increase your revenue by multiple stores.
25. Do I have to pay 5k or 10k towards LOI?
-Yes, it is to confirm that you are not just passing by but, serious about doingtheir business. It also helps them to visit your location with confirmation.
26. Is the LOI amount refundable?
-Yes, if your location is not selected aftertheir visit the travel & accommodation expenses will be deducted & refunded, and if selected, the travel &accommodation expenses will be deducted and adjusted to the project cost.
27. What is my scope of work?
-they will plan what is required and advise you with minimalist design and lesser expensive drawings and specification.
28. How many days are required for the setup of the business?
-Approximately 35 days from the signing of the agreement.
29. What is the man power required and the average approximate salary of each person?
-It depends on store model, they will discuss with you in details personal
30. Is financing available?
-No, but they can provide you the estimate as per your location after visiting your location for feasibility check.
31. Does size matter for photoexpress.in space?
-Yes, more the space you can highlight more products in display and more the covers to turnover.
32. What are the franchise model available at photoexpress.in?
1)Shop in shop model
2)Kiosk model
3)Value added model
4) premium model
All model depends on size of store and limitation of services.