Rules & Regulation
FOR THOSE WHO MAKE THE WORLD
Rules & Regulation
The total investments by franchise in starting ONE SHOP MULTIPLE SOLUTION stands at 5-7 lakhs, which tentatively includes
Stock on display : 2-3 lakhs (approx. as per seasonality)
Civil work (false ceiling, flooring, glass façade etc.) : 1 – 2 lakhs (approx. depending upon store condition and size)
Security : 0 ZERO Equipment (Laptop, Tally, 32’ Inch LED T.V, A/C., Printer etc.) : 1 lakh – 1.25 Lakh (approx..)
- Franchise will provide at least. 100 sq. ft. store in strong retail area on ground floor with frontage of at least 8 ft (Desired frontage is 10 ft).
- Franchise will have to inform ATA Electric Limited whether it is rented or owned. The Showroom will be owned/leased by the Franchisee for a minimum period of 2 years. If Shop is rented, ATA Electric will reimburse 50% of rent for 1 years or company budgeted rental, whichever is lower.
- Franchise will provide infrastructure which includes flooring, false ceiling, lighting, electric connection, computer, TV, billing software, air-conditioner & front façade. This entire cost including electricity will be borne by Franchise throughout operation.
- Store Interior will be done by ATA Electric Limited through an appointed agency. The cost of interiors will be borne solely by ATA Electric Limited, and therefore will be ATA Electric Limited property. The Franchisee is expected to maintain the high quality of the interior throughout the operation of the ONE SHOP MULTIPLE SOLUTION through high standard of maintenance and upkeep. Any subsequent maintenance cost, handling damages and wear-and- tear, will be borne by Franchisee to meet the high quality standard as defined by ATA Electric Limited
- ATA Electric Limited will provide all the display Products at special price at 50% of MRP; this would be a onetime per year discount for each SKU displayed. Franchise will keep the unit on display for the minimum period of 1 year or till its discontinuation or as per instruction by ATA Electric Limited whichever is earlier. Thereafter, the display product will be sold by Franchisee.
- The contract need to be signed for minimum 1 years and can be extended or terminated after this period on mutual understanding.
Franchise will provide at least. 100 sq. ft. store in strong retail area on ground floor with frontage of at least 8 ft (Desired frontage is 10 ft)