Prestige Xclusive is the exclusive chain of stores for brand Prestige. Today, there are 603 stores spread across 357 towns and 27 states.
The success of Prestige Xclusive chain of stores has been proven for 17 years now. It is a tried, test and trusted business model. This means that you don’t have to do any trial and error with your money. Just follow the guidelines and make profit.
As a Prestige Xclusive Franchisee, you will exclusively deal with Brand Prestige – a national brand. Prestige is a 64-year strong brand from TTK Prestige Ltd, India’s largest kitchen appliance company with a turnover of Rs. 2100 crores.
In the current COVID 19 environment, home has become the centre of everything. Home kitchens are busier than ever and home cleanliness has become more important than ever. That’s why Prestige Xclusive stores are growing at a faster pace than last year. Take advantage of this business demand and grow with Prestige now!
It’s easy to be a part of this growth story. You will require a showroom space of 300 - 800 sq. ft. and an investment of Rs. 8 - 25 lakhs depending on the class of town. This includes Rs. 3 - 6 lakhs on interiors and Rs. 5 - 19 lakhs on stock. There’s a signing up amount (non-refundable) of Rs. 37,500 - Rs. 1,50,000 depending on the class of town. A refundable deposit of Rs. 50,000 - Rs. 1,00,000 (depending on location) carrying bank rate of interest plus 2% on yearly deposit, will also be required. All marketing support will be provided by TTK Prestige. You can easily expect an ROI of 18-30% p.a.
Franchisee India has ranked Prestige Xclusive as No. 8 among the Top 100 most wanted franchised brands in India, ahead of many international brands. Add to this the fact that, today, the ‘home improvement’ category is one of the fastest growing categories and is estimated to be worth over `1 lakh crores. Yet the organised retail in this category is just a few thousand crores and is largely confined to the metros and the mini metros. Also, there are very few brands in the organised category and there is no major organised player in the kitchen appliances retail segment. So, the potential for growth is huge and unlimited.
Prestige Xclusive has won the Franchisee of the Year Award eight times from Franchisee India. It has won the Retailer Excellence Award three times from Asia Retail Congress. And it has won the Franchisor of the Year Award from Franchisee Plus.
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