RS & Co. , a Renowned Multi Brand White Good Retailer aligns with Franchise India for Expansion
Moving ahead with ambitious plans, RS & Co. , a division of COOL 'N' COOL is expanding its presence through Franchise India across India.
- (1888PressRelease) November 25, 2014 - COOL 'N' COOL was established 15 years ago with an aim to cater to the white good needs of the consumers. RS & Co. a division of COOL 'N' COOL over the last few years has built a reputation for selling Air Conditioners and Home Appliances for more than a decade. We deal with multiple brands like Sony, Carrier, Phillips, Hitachi, LG, Onida, Samsung, Voltas etc. Our qualified and experienced team of engineers install the electronic goods to the exact standards of workmanship.
The spurt in the mall and organized retail culture has been one of the biggest contributing factors in the growth of the retail sector. This market is set to grow at a CAGR of close to 22% from 1998 to 2012 and from 2012 to 2023 at 7%. The Indian retail sector is one of the fastest growing markets in the world due to the domestic economic growth. The market is slated to reach $866 Billion by 2015 from the current 516 Billion.
Some of the factors contributing to this growth are the rising incomes and demand in branded products. Consumer Expenditure is estimated to be $ 3.6 Trillion by 2025 against 1 Trillion in 2010.
The investor needs to have an area of 1000 Sq. Ft., total investment of 52-55 Lakhs to start the brands franchised centre. The payback period is just of 2 Years and 6 Months.
The brand will support franchisees with training, recruitment, research & development, advertising & promotions, inventory management and marketing support .
Mr. Radhakrishnan, CEO, RS & Co. said, "We have always been committed to quality and remain focused on customer's individual requirement. Catering to a diverse clientele, our products are very competitively priced therefore suiting every pocket. Our professionalism is what sets us apart, with this attitude we enter into franchising and invite enthusiastic individuals to join us."
Adding to this Mr. Gaurav Marya, Chairman, Franchise India said, "Franchise India's earnest endeavour is to provide a strong and efficient platform to entrepreneurs to expand their business through us and gain as much as possible out of their expanding operations and management. And we are excited to have partnered with RS & Co. for their growth story."
About Franchise India
Franchise India since its inception in 1999 has had an absolute authority on Franchising, Licensing, Retailing, Real estate and Marketing. The company has consulted several major international & national corporate houses and brands over these years like ITC Wills Lifestyle, Madura Garments, Next, Madame, Arvind Mills, John Players, Being Human, Mom & Me, Chhabra 555, Fab India, Lotto, Mother Care, Sunglass Hut, Claire's, Pure Home+Living, Kwality Walls, Baskin Robbins, Sagar Ratna, Pind Balluchi, Punjab Grill, Zambar, Fres Co, Baker Street, The Yellow Chilli, The Chocolate Room, Giani's, Arise One, Gitanjali Jewels, Orra, Carlson Rezidor, Sarovar Hotels, Park Hospital, Dr. Pauls, Apollo Tyres, Ajmera Tyres, Rupa, Eicher Motors and Yamaha to name a few, through media, advisory and brokerage.
Franchising business in India is growing exponentially and is expected to witness CAGR of 30 percent over the next 5 years. According to FAI-KPMG franchising report estimates', the franchising industry is expected to quadruple between 2012 and 2017. This is also expected to create job opportunities (including both direct and indirect) for an additional 11 million people by 2017. Increasing consumption, willingness to spend, growing preference for branded products, global exposure and use of international brands is driving the demand side of franchising. It has a pan India presence with 9 offices in Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Ahmedabad, Chandigarh, Kolkata and Pune. Besides these it has 20 partner offices in India.
With its strategically formed divisions, Franchise India has created its own niche as the pioneers of franchise industry and a small business authority. For more details log on to www.franchiseindia.com
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