MAN BEHIND HOVER
Mr.Mahesh –The man who always stands true to every word in his life both personally and professionally dreamt of HOVER - A Brand Which insights on Indian People requirement for their daily life in Home Linen and Home Decor Category. Hover was launched in TEXVALLEY - The Textile Hub at Erode in 2016, Within a short span of 2years It, was warmly welcomed by all homes, hence it has grown across major geographical locations of the world.
Thanks to all the brainy strategies applied for the development by the entrepreneur himself, whose initial experience was 15 years in French Based Company as Zonal Manager in Garments and Home Textile Divisions. In an aggressive thought of providing the best quality to his brand users, he has brought in all his experience into the market as Hover.
Hover was launched in the year 2016 in Texvalley, Erode. Since then the brand has grown by leaps and bounds with its precise strategies. Hover is one of the superior brands for classy home linen and decor products, possessed by Live home. Had been the novelty of home fashion in the Indian market and stood up with a desire of creating retail stores throughout India by dint of yielding franchise. Hover's core strength is in the area of hospital linen, bed linen, bath linen, kitchen linen, decor linen, and decor product technologies and we will continue to innovate on that. Hover follows a multi-channel retail strategy as we believe in going, where the customer shops. We believe in developing all the channels and growing in a steady manner without overexposure.
SUCCEED WITH OUR SUPPORT
We have used our experience to develop a business model that has led some of Hover franchises to success and helped us grow to become India's largest home linen franchise. As part of our family, you will get the complete end to end support and services from our Hover team – a group that is committed to providing you the training, consulting, equipment and resources you need to make your Hover store successful.
WE SUPPORT YOU EVERY STEP OF THE WAY
We don't leave you high and dry when you open the doors of your store. As a Hover franchise, you will have access to the ongoing support from a team of trained individuals in all the areas including training, consulting, marketing, equipment, research, and technical support. Join our family and experience the satisfaction of owning your own business while enjoying the benefits that come from being part of a global brand that people know and trust.
WE SUPPORT YOU EVERY STEP OF THE WAY INVESTMENT AND RETURNS
The store can be full filled by a merchandiser with a minimum investment of 8 lakhs. It varies with the store size. Advance rent and the interior cost will be taken care of franchise. Gross profit of 40% - 50% on sale will be given to the franchise, You can enjoy the negotiated pricing with vendors, marketing materials, financing options, unrivaled training and support, a professionally designed store and a recognized and respected brand name.
We look for franchisees who will run the stores and look after the operational aspects, while the brand focuses on the product and takes ownership of the same. The average Hover store is 500 – 900 sq. ft. while a flagship store is between 1500 -2000 sq. ft. The brand is already present in some tier II and III cities and is planning to focus more expansion here, as we believe they are a big growth market
S-Type Franchise Model
- Minimum Area Required: 300 Square Foot.
- Total Investment: 5 Lakhs.
- Merchandise Deposit: 3 Lakhs.
- Interior Expenses: 2 Lakhs.
- Prefer Location: Shopping Mall, Highway and Food Court.
M-Type Franchise Model
- Minimum Area Required: 500 to 700 Square Foot.
- Total Investment: 8 to 10 Lakhs.
- Merchandise Deposit: 6 Lakhs.
- Interior Expenses: 4 Lakhs.
- Prefer Location: Shopping Mall, Highway and Food Court.
L-Type Franchise Model
- Minimum Area Required: 1000 to 2000 Square Foot.
- Total Investment: 20 to 30 Lakhs.
- Merchandise Deposit: 20 Lakhs.
- Interior Expenses: 10 Lakhs.
- Prefer Location: Metro Cities.
The Home linen and decor products industry will surely become a dominant part of the retail scenario in the coming decade of growing Indian retail. With the change in demographics, there will be a significant increase in the home linen users, with high aspirations, more disposable income, and high consumption patterns. Our passion for learning helps Hover to ride the wave. We have set up a fantastic distribution network across the country with a focus on quality products. We strongly believe that our practice in the industry will lead us to grow big in the coming years.
|Store Wise||Rs.8 lac- 20 lac||Rs.8 lac||Rs.3lac||Rs.3lac||40% to 50% On sale|
MASTER / MULTI UNITS:
Depending upon the City/State selected for operations and No of Units per City/State.
|North||New Delhi, Haryana,Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pardesh.|
|South||Kerala, Karnataka, TamilNadu, Andhra Pardesh|
|East||Assam, Meghalaya,Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim|
|West||Gujarat, Rajasthan,Maharashtra, Goa|
|Center||Chattisgarh, MadhyaPradesh, Bihar, Jharkhand|
|Union Territories||Pondicherry, Chandigarh,Lakshadweep, Daman and Diu|
|World Nations||Malaysia, Singapore,United States|
FRANCHISE DETAILS (OPTIONAL):
|WANT TO EXPAND||WORLDWIDE|
TERRITORIAL RIGHTS TO A UNIT
GUARANTEE TO UNIT FRANCHISE
PERCENTAGE RETURN ON INVESTMENT
|UPTO 60% ANNUALLY|
PAYBACK PERIOD OF CAPITAL FOR A UNIT FRANCHISE
|12 TO 15 MONTHS|
|ONLYFURNITURE & FIXTURES|
PROPERTY REQUIRED FOR THIS FRANCHISE,OPPORTUNITY
PROPERTY AT MAIN LOCATION IN CITY,,AT THE
FT TO 1500 SQ FT . (1 SQ METER = 10.76 SQ FT.)
OPERATING MANUALS FOR FRANCHISEES
IS FRANCHISE TRAINING PROVIDED?
STORE ITSELF BY THE EXPERT OPERATIONS TEAM
IS FIELD ASSISTANCE AVAILABLE FOR FRANCHISE?
SOMEONE FROM HEAD OFFICE PROVIDE ASSISTANCE TO FRANCHISE IN
OPENING THE FRANCHISE?