ROXX World plans to open 100 franchise stores by 2018

ROXX World, the retail venture of East Coast Distributors Pvt Ltd, is a one-stop shop, which offers a wide range of glassware, kitchenware and cookware.

S.S.Kundu, Sales Head, ROXX World, said, “We are targeting to open 100 franchise stores in India by 2018. And after closing deals with franchisees during our meetings with franchisors in Kolkata and also Delhi Show 2017, we are going to open 25 stores in the next 7-10 days.

“The glassware, kitchen ware and cookware is a growing market and there is a lot of potential in this sector. There are a lot many Japanese and other international brands, which are keen to enter into the Indian market. But we are confident that the competition won’t affect our business, moreover it will help us to be focused.”

The brand is offering franchise at the area requirement of 500 sq ft, total investment of INR 22-23 lakhs, ROI of 3 years at 40% and breakeven period of 2.5 years.