Title : CHAMAK
Industry Category : Business Services
No. of Franchise Outlet : 2
Space : 100 sqft
CHAMAK
Company Description

Village Laundry Services (VLS) is a 100% owned subsidiary of Innosight Ventures Private Limited with offices in Mumbai, Singapore and Baltimore. It began in 1997, with the publishing of The Innovator's Dilemma, by Harvard Business School Professor Clayton Christensen who founded Innosight in 2001. The Chamak (Meaning ‘Shine’ In India) Brand was founded in 2008 with an aim to build a completely new-service concept (high-quality, affordable Laundromats). We have developed a Rig Kiosk for which the design IP has been filed in India and 7 other countries globally. A low cost, very high return on investment business opportunity, which aims at drastically reducing the cost of Laundry to the consumer, and at the same time bringing its franchisee unparalleled return on investment and time. The company is headed by Akshay Mehra (IIM Calcutta) & Hari Nair who together bring in more than 24 Years of FMCG experience to the business. With the market size estimated to be at 3000-3500Cr and growing at more than 8% P.A., this is the right time to get into this untapped opportunity of providing, world class, low cost, everyday washing & ironing customer to all classes of consumers.

Business details

Village Laundry Services (VLS) is a 100% owned subsidiary of Innosight Ventures Private Limited with offices in Mumbai, Singapore and Baltimore. It began in 1997, with the publishing of The Innovator's Dilemma, by Harvard Business School Professor Clayton Christensen who founded Innosight in 2001. The Chamak (Meaning ‘Shine’ In India) Brand was founded in 2008 with an aim to build a completely new-service concept (high-quality, affordable Laundromats). We have developed a Rig Kiosk for which the design IP has been filed in India and 7 other countries globally. A low cost, very high return on investment business opportunity, which aims at drastically reducing the cost of Laundry to the consumer, and at the same time bringing its franchisee unparalleled return on investment and time. The company is headed by Akshay Mehra (IIM Calcutta) & Hari Nair who together bring in more than 24 Years of FMCG experience to the business. With the market size estimated to be at 3000-3500Cr and growing at more than 8% P.A., this is the right time to get into this untapped opportunity of providing, world class, low cost, everyday washing & ironing customer to all classes of consumers.

Investment details

Franchise Models:

 

Unit/Super/City Franchise

Refundable Deposit

Franchise

Fee

Space

Total Investments*

Remarks

Kiosk Rigs

1 L

1 L

4x4Ft

2.25 L

Can form part of shop frontages,

Departmental stores, Shop in shops, 

and all high footfall areas

Single Unit Shop

1 L

1 L

40-100 Sft

2.50 L

Typically main road facing shops having

atleast 8 Ft Frontage or

in Malls or complexes.

Double Unit Shop

2 L

1 L

100-200 Sft

3.60 L

Larger shops catering to

bigger catchments having 2 units.

Super Franchise

5 L

2.5 L

5 Locations

9.00 L

Own 5 Unit Franchise

and has first choice of locations.

City Zonal Franchise

10 L

5 L

10 Locations

18.00 L

First Franchisees in The City

 owning a Min of 10 Units.

*Does not include deposit paid to landlord for property.

 

Photography.
© SparkleMinds 2005 - 2006, All Rights Reserved
Please read the User Agreement and Privacy Policy carefully