Franchise India

Monday, 24 November 2014

RS & Co. 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.

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.”


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