We have been getting several enquiries from various parts of the state for starting Sri Sai Pooja Samagri retail outlets. We have categorized the potential cities and towns in the state into three levels and fixed area and investment accordingly.

1	Showroom area 200 to 250 sft – Investment Rs. 5 lakh
2	Showroom area 500 sft and above – Investment Rs 10 lakh to 15 lakh
3	Showroom area 1000sft and above – Investment Rs. 20 lakh and above

The above investment includes cost of:

a	Interiors
b	Stocks
c	Telephone, fax, computer, printer, bar-code reader etc.,
d	Initial stationery – billing receipts etc., and packing materials – covers
e	Glow sign board
f	Security deposit

The Franchisee should have a showroom, either own or on long lease, with a minimum of 200 sft carpet area. Deposits and any other costs involved will have to be borne by the franchisee. Telephone and electricity should be installed by the franchisee.

Architects and contractors appointed by Sri Sai Pooja Samagri would do interiors, with complete furniture and fixture. In case the franchisee wants to get the interiors done on his own, he/she is free to do so. BUT, it has to be done according to the specifications and designs provided by us. Our architects for providing the service would collect a nominal charge.

We are planning to have the first category stores, i.e., Rs 5 lakh investment, to begin with. Once the stores are operational and show progress in terms of sales, we plan to elevate them to the next highest category in a phased manner.
This is how the total investment in the shop would be: -

1	Interiors – About 150 sft showroom space and 100-sft storage/godown spaces. (Incase extra showroom space is created an amount of Rs 1000/sft would be charged extra)	Rs. 1.50 lakh
2	Stocks*	Rs. 3.50 lakh*
3	Telephone, computer, printer, bar-code reader CC camera(s), internet-enabled online billing and monitoring system etc., one Glow sign board	Rs. 1.00 lakh
4	Initial stationery – billing receipts etc., and packing materials – covers (To be provided by the company free of charge for the first time)	Free
5	Interest-free security deposit	Rs. 0.50 lakh
	TOTAL	Rs. 6.50 lakh

* Stocks worth Rs. 1.5 lakh extra supplied by SSPS.

Assistance Provided:

Sri Sai Pooja Samagri, besides proving the brand name and high level and goodwill and reputation built in the market, provides the following to the Franchisees.

1	Interior design, display and shop lay-out assistance
2	Stocks – fully packed with logo and bar code sticker
3	Billing soft-ware
4	Marketing strategy and state-wide publicity in media
5	Training and Guidance to the franchise owner and selected employees
6	Assistance in selection of employees
7	Packing and billing material at nominal cost
8	Complete hand-holding and support service
9	Networking with bankers

Conditions:

Franchisee will enter into an agreement with Sri Sai Pooja Samagri upon satisfactory fulfillment of the Franchise requirements of space and investment. The following conditions would be applicable to all franchisees.

1	Franchise will be given initially for a period of FIVE years and would be extended for a further period of TWO years at every instance upon satisfactory functioning. All the documentation charges to be borne by the franchisee.
2	Franchisees should not have any similar business i.e., manufacturing, marketing or retailing of Pooja Samagri, during the term of Franchise agreement and further two years from the termination of the Franchise agreement.
3	Franchisee should not procure, stock and sell any pooja samagri item or other items, except those supplied by Sri Sai Pooja Samagri. Violation of this condition will result in termination of Franchise agreement forthwith and seizure of stocks, without any notice.
4	Franchisee will have to open a firm and procure all kinds of registrations and permissions at their own cost.
5	Franchisee should open a bank account in the firm’s name and deposit entire sale proceeds on DAILY basis in the bank account specially opened for purpose in the bank branch designated by Sri Sai Pooja Samagri.
6	Franchisee will have to transfer the daily sale proceeds into the bank account of SRI SAI POOJA SAMAGRI everyday without fail. Deposit Voucher should be sent by Fax immediately on deposit. Any discrepancy in this regard would amount to violation of terms and conditions of Franchise offer and result in immediate termination of the agreement and seizure of stocks without notice.
7	The head office would settle monthly account in the first week of every month. A cheque or transfer of funds to the extent of franchisee’s profit earned in the month would be affected immediately.
8	Stocks would be supplied against amount deposited in SSPS bank account on a daily basis. Extra stock over and above the limit would be supplied against payment. Accounts will be reconciled every month.
9	Franchisee should maintain statements of stock, sales, receipts on daily basis in the business premises and should provide free access to the same when required by the head office.
10	Staff from our audit department would be free to visit the franchisee at any time during the business hours without any prior intimation to the franchise owner. They would examine all records, conduct physical verification of stock and any discrepancy found- either shortage, extra stock, illegal and unauthorized stocks, etc., would result in the cancellation of franchise agreement and seizure of stocks without any notice what so ever. Franchisee should cooperate with our audit staff and facilitate their smooth functioning. Any obstruction caused to the visiting audit staff or suppression of information would amount to violation of terms and conditions of Franchise offer and result in termination of franchise and seizure of stocks.
11	Franchisees should take care of all the expenses like rent of the premises, telephone and internet, electricity, salary to workers, freight on goods sent to them etc,

Responsibilities of Sri Sai Pooja Samagri:

Sri Sai Pooja Samagri will undertake the following responsibilities:

1	Sri Sai Pooja Samagri would supply stocks worth RS. 3.5 lakh.
2	To provide quality items fully packed and labeled at regular intervals or upon placing an indent by the franchisee concerned.
3	Provide wide publicity and brand promotion through advertisements in print and electronic media
4	Support and hand holding services to the franchisee until they gain enough confidence and experience in conducting the business properly.
5	Provide software, billing material and packing material with brand name and logo.
6	Exclusive rights in the town where franchise is given, in case of small towns and exclusive territory in case of cities big enough to have more than one outlet.
7	Training and modernization of the staff and equipment from time to time.
8	Ejection option to franchisees in case of poor business even after one year of establishing the franchise, for reasons that are beyond the control of the franchisee and except for the reasons of mismanagement and poor business ethics.
9	Franchisee can give up the franchise after one year of starting the business. Sri Sai Pooja Samagri will take back all the stocks and pay the value to the franchise owner. However, the value of furniture, fixtures and computers would be calculated after deducting a depreciation of 20 per cent on their initial value for each completed year.