About Erisha: A Business Opportunity Powered by Edria Services
Elisha, powered by Edria Services, is a dynamic and innovative company operating in the rapidly growing beauty and personal care industry. Specializing in Color Cosmetics, Deodorants, and a variety of related products, Erisha offers an exceptional franchise business opportunity designed to empower individuals and entrepreneurs to build their own profitable retail outlets.
Company Overview
With a focus on the beauty industry, which is projected to continue its upward trajectory, Erisha is positioning itself as a leader in the cosmetics space, making it an exciting and lucrative investment for those interested in retail business ownership. Through its association with Edria Services, Erisha aims to revolutionize the beauty and cosmetics retail landscape, particularly in West Bengal, by opening 100 exclusive franchisee outlets across the region.
Product Range
The name Erisha is rapidly becoming synonymous with high-quality, affordable, and trendy beauty products, offering customers a wide selection of cosmetics, skincare, deodorants, and other personal care essentials. The company's broad product range caters to a diverse audience, from everyday users to beauty enthusiasts, ensuring a wide market reach.
Franchise Opportunity: A Guaranteed Earning Business
Elisha offers a guaranteed earning business opportunity, which ensures that franchisees can expect consistent returns. The company promises earnings of up to Rs. 20,000+ per month for those who invest in a retail outlet of just 50 sq. ft. This is a minimal space requirement, allowing individuals to start their business with low capital expenditure and a relatively small physical footprint. This makes it an ideal opportunity for entrepreneurs looking to enter the retail business with minimal risk while tapping into the lucrative cosmetics market.
Franchisee Scheme Breakdown
Eligibility Criteria: To qualify as a franchisee of Erisha, the applicant must meet the following eligibility criteria:
Minimum 50 sq. ft. retail outlet: This is the minimum required space for setting up an Erisha outlet. The compact nature of the franchise outlet allows entrepreneurs to open a store even in smaller retail spaces, making it ideal for high footfall areas such as local markets, shopping centers, or even standalone kiosks.
Retail outlet ownership: The applicant must either own or lease the retail space. The retail outlet should be easily accessible to potential customers, ideally in high-traffic areas where there is a demand for beauty products.
Investment Requirement: The financial commitment to become a franchisee of Erisha is minimal compared to other business opportunities in the retail sector. There are two components to the investment:
Security Deposit: A refundable security deposit of Rs. 1,00,000/- or 40% of Sales Value (whichever is higher). This deposit is refundable at the end of the franchise agreement, and the best part is that it will also earn a bank interest rate, ensuring that franchisees get a return on this deposit, adding to their earnings.
Stock Investment: Franchisees are also required to invest in Erisha's products. The initial investment amount is Rs. 50,000/- for a retail outlet of 50 sq. ft. This investment will be used to purchase the required stock and cover other initial expenses.
Overall, the Erisha Franchisee Scheme offers a low-risk, high-reward opportunity for entrepreneurs looking to enter the retail business while tapping into the lucrative cosmetics market. With a guaranteed earning potential, robust support, and a significant opportunity for growth, this franchise scheme is an attractive option for those with the drive to succeed in the retail sector.
Erisha Details
Company Started On 2017
Erisha Available Regions
North - NA -
South - NA -
East Assam, West Bengal
West - NA -
Central Jharkhand
Union - NA -
Erisha Dealership Contract Specifications
Standard Agreement Yes
Agreement Duration 5 Years
Renewal Option Yes
Erisha Outlet Space Requirements
Property Type Domestic
Desired Location Kolkata
Frequently Asked Questions
The minimum investment needed to start an Erisha franchise is 50,000.
The maximum investment needed to start an Erisha franchise is 200,000.
There are less than 10 Erisha outlets operational in India as of now.
The area required to start an Erisha franchise is not specified, so it's best to contact the company directly for more information.
With a relatively low minimum investment of 50,000, Erisha can be a good franchise opportunity for Indian entrepreneurs who are looking to start a new business venture.
You can visit the company's website or contact them directly to get more information about starting an Erisha franchise in India.
Starting an Erisha franchise in India can provide benefits such as a established brand name, ongoing support, and a potential for high returns on investment.
Yes, with a maximum investment of 200,000, you can consider starting an Erisha franchise in a small town in India, but it's best to assess the local market and demand before making a decision.
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