Are you interested in starting furniture retail store business with Nilkamal furniture? Here in this article, we explore this Nilkamal furniture franchise business opportunity details.
Nilkamal furniture started their business in the year 1990. The franchise and distribution network commenced in the year 2017.
Nilkamal’s core businesses include material handling solutions, moulded furniture, mattrezzz, Nilkamal home ideas, home furnishing store, mega home store retail chain.
The company is listed on the National Stock Exchange and Bombay Stock Exchange since 1991. Our turnover (FY 15-16) exceeds INR 2000 crores ~ USD 300 million.
The Company has 8 large manufacturing plants in India:
North – Samba (Jammu & Kashmir) and Greater Noida (Uttar Pradesh)
East – Barjora (West Bengal)
West – Sinnar, Nashik (Maharashtra) and Silvassa (Union Territory of Dadra & Nagar Haveli) (2 plants)
South -Pondicherry (Union Territory) and Hosur (Tamilnadu)
The Company has advanced machinery in Injection Moulding, Rotational Moulding, Vacuum Forming, Polyurethane Injection (of insulation) and capabilities for Blow Moulding. Each of these plants has dedicated Tool Rooms. Occupying a massive total constructed area of 1 million sqft; all of Nilkamal’s manufacturing plants are ISO 9001/2008 Certified and practice 6 Sigma manufacturing process.
This extensive manufacturing infrastructure is ably supported by our wide and strong sales network of 400+ techno-commercial experts, operating through 39 Regional Offices and 41 Warehouses spread across India.
The company has extended its business to other countries through exports. Sri Lanka is considered as the growing market for our goods. In a joint venture, the company has set up a plant near Colombo. This 10,500 sq. meter, ISO 9001:2008 factory complex has an installed capacity of 7500 metric tons per annum for Molded Furniture & Injection Molding crates.
Investment Required to Start Nilkamal Furniture Franchise Business.
The total investment required for starting Nilkamal furniture franchise business will be around 20 lac – 30 lac. The anticipated percentage return on investment is around 35%. The likely pay back period of capital for a unit franchise is expected to be around 2 – 3 year.
Detailed operating manuals will be provided to the franchise. The company has a standard franchise agreement. Agreement term will be around 5 years. The term is renewable.
Contact Details for Applying Nilkamal Furniture Franchise Business
Head office address
STICE, Plot No. 971/1A, Sinnar Shirdi Road,
Nasik District – 422103
Maharashtra – India