| ||||
Updated RecentlyBijoux Terner vs Chhabra 555 Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bijoux Terner vs Chhabra 555 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $255,850 - $546,850 | $120,000 |
| Franchise Fee | $30,000 | N/A |
| Royalty Fee | - | 0 |
| Advertising Fee | - | 0 |
| Year Founded | - | 1954 |
| Year Franchised | - | 2005 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | Bijoux Terner conducts an intensive initial training program for all new franchisees over a six day period at its Miami, FL training facility and/or one of its operating luxury boutiques. The training course includes detailed education and instruction in all facets of the business operation including: * The Bijoux Terner Concept * Visual Merchandising * Boutique Management * Sales and Service | - |
| Support | Bijoux Terners' focused support services provide valuable information to and shared experience with its franchisees to ensure early and ongoing successful program implementation. These services include: * Initial and Ongoing Training Programs * Business and Marketing Planning Assistance * Simplified Purchasing at Substantial Volume Discounts * Inventory Management Systems * Leading-Edge Merchandising Practices * Integrated POS System What does being supported by a global operation mean to you? A staff of 150 design, distribution, logistics, and merchandising specialists. A 165,000 Sq Ft distribution center. Sourcing and quality assurance offices in Hong Kong and Shenzen. State-of-the-Art inventory management. And more� Store Opening Assistance - a Bijoux Terner representative will be on site for up to seven days to help you through a successful opening, including training your employees! | *Once a Dealer has selected a location, duly approved by Chhabra 555, the technical staff will assist the Dealer by designing a workable layout for the showroom. *The technical team will also provide complete assistance in store design and visual merchandising. *Chhabra 555 has a highly refined and efficient supply chain system based on its entire experience. There is all year round availability of stocks, which have been designed and manufactured in various parts of the world, exclusively for Chhabra 555. *Accounting Software for efficient billing and inventory management functions will be provided by Chhabra 555. *The company lays a lot of stress on its branding and marketing strategy. The content & design of all marketing, advertising and promotional collateral is provided by its competent designing team as per requirement. *The pre-printed stationary for bills and visiting cards will be provided by Chhabra 555. *If desired by the Dealer, Chhabra 555 will depute staff for training and for any other purpose at the showroom of the Dealer at the cost of the Dealer. *Operational support is provided by a professional team, which guides the Dealer in operating his/her business and provides any kind of problem-solving or troubleshooting assistance as required. |
| Marketing | - | - |
| Operations | - | *The Dealer shall be the owner of his own business and shall own or take on lease premises on his own for establishing the showrooms and will be responsible for all the statutory obligations in the territory. *The Dealer will have to pay an upfront amount equivalent to 40% of the sale value of stock provided by Chhabra 555 and provide a Bank Guarantee for the balance 60%. *The Dealer must maintain the store layout and design as per the specifications laid down by Chhabra 555. The furniture and fixtures will be according to the company plan for maintaining symmetry about the brand image. *The Dealer will be responsible for all the day-to-day expenditures and outlays for running the business operations smoothly and efficiently. *The Dealer will follow all the procedures and modus operandi as laid down by the agreement and as per the company policy. |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Bijoux Terner
Fashion Accessory Retail - Simplified & Perfected. For You. As a Bijoux Terner franchisee, you own and operate one or more luxury boutiques selling highly fashionable accessories at a simple $10 price point. Our proven Bijoux Terner system keeps the right products in your boutique, brilliantly merchandised, to deliver consistent customer traffic and sales. We pioneered this powerful retail niche and are eager to share it with qualified people interested in owning their own luxury boutique. If you have ever desired to be in the fashion business, the Bijoux Terner franchise may be the right opportunity for you. Bijoux Terner offers the fashion entrepreneur several options for entering this exciting business. Depending on your financial resources and ideas about the size of the business you intend to build, you may opt to open a single luxury boutique or to open multiple stores under our Multi-Unit Option agreement. As a Bijoux Terner franchisee, you focus on creating a highly visual and captivating customer experience in your luxury boutique. You'll keep your customers enticed through a continual replenishment of new, exciting inventory, the entire look and feel of your store will be ever-changing! Bijoux Terner continues to be a great business partnership for us and the product quality is exceptional for the price. The service is extremely professional and provided on a very personal, friendly, and accommodating level. BijouxTerner is a great company to be a part of and we look forward to opening many more new stores in the near future!
About Chhabra 555
Chhabra 555 wishes to continue extending its footprint across India and is seeking to appoint Dealers across the length and breadth of the country. We are searching for strong business partners to be appointed as Dealers for their respective territories, who would share our vision and passion to grow the brand and business to greater heights. As part of Chhabra 555 family, you will be part of a family that sets the standards high and offers the complete package. From the day you sign the agreement we are by your side to help you run your business efficiently and profitably. * The initial contract will be for a term period of 5 years. It can be renewed thereafter by mutual consent. * The showrooms must be located in high footfall areas and should have an area of about 2000 sq. ft.