Franchising FAQ's

This Agreement was last modified on 18 December 2016.

The Franchisee shall pay a non-refundable one-time sum of ₹ 3 lacs + GST as Franchisee Fee. The Franchisee shall also pay ₹ 50,000 as interest free security deposit which is refundable.

The Franchisee fee includes getting associated with the brand and using the brand’s name as a franchisee

No. The franchise fee is non-negotiable. We don’t offer any offers on franchise fee.

The agreement will be valid for 20 years which is renewable after every 5 years. Documentation & Renewal fee is ₹ 10,000/-

The store set-up costs approximately ₹ 20 lacs for a 250 sq ft carpet outlet.

*Yes, 6% + GST royalty is charged on the net sales. 4% + GST for marketing initiative.*

Within 30-45 days of signing of the franchise agreement. Yes, we will assist in finding the best location.

Yes. We can check if it suits the Jumboking's criteria.

Yes, we do have outlets at Mumbai International Airport, Metro Stations. We are happy to open outlets in non-traditional locations depending upon the feasibility.

We will assist in relocation of the store. Transfer or replacement of franchisee.

No. A franchisor gives the franchisee an opportunity to follow the business system that the franchisor has proved to be successful. Your success as a franchisee highly depends on the commitment you give to the business

We will assist and guide you to run the business.

Yes, you can. Once you are settled in 1st store you can go for 2nd store.

Subzones had been decided, accordingly the stores will be placed.

Yes. You will get ₹ 50,000 of your refundable security deposit provided all dues are clear.

We don’t recommend to do business on loan.

Avoid partnerships, but if it becomes necessary, make sure you are the majority shareholder to speed up decision-making. There are endless cases of business partnerships turning sour – even those forged by family members.

Yes. By all means! It is your right as an applicant to seek legal advice.

Franchisees are given 5 days class room training followed by a 12 days practical training. After the training, the franchisee has to appear for a test and its compulsory for them to pass the test.

Yes. Franchisees are expected to work in store. This is an important factor in the success of our stores.

We will assist in supplying trained staff.

4 staff will be needed. Salary ranges from ₹ 8000 to ₹ 12000.

Various activities including posters, table tops, standees are kept for promotion at the store.

No, unauthorized/ unapproved products are not allowed to be sold at the store.

Yes, we do conduct audits at the store. Surprise audits also happen.