Attica Gold Pvt Ltd

Established: 2013.     Franchise Started: 2014
Outlets: Company Owned (5), Franchise (10)
Investment: 10,00,001 - 15,00,000

Established in the Year 2013, Attica Group is a new and vibrant entrant to the Gold Business with its Head Office at Queens Road, Bangalore. The promoter of Attica group, Mr. Bommanahalli Babu, has a long term vision of addressing the problems faced by the public, who wanted to sell their used gold for a fair rate. In today’s scenario, when the public looks for buying gold, they have got hundreds of Jewelers available and they are more or less organized. Similarly when people want to pledge their gold, again there are number of options available, both in the organized and unorganized sector especially NBFCs, Pawn Brokers, Cooperative Societies, and Banks etc. But when one looks at selling their used gold for an emergency, options are very limited and the avenues available are lacking transparency.

To address the above stated problem area, Mr. Bommanahalli Babu has started an Organization namely Attica Gold Company which have got a clear brand value in the city of Bangalore within a short span of its operation. Though the old gold buying is happening in an unorganized manner, Mr. Babu’s vision is to set up his business in a most professional manner. By installing Karat Checking machines with most modern Germen technology in each and every branch by which, Attica clearly wants to set a milestone in the old gold/used Gold buying business.

Currently with 5 branches across Bangalore city, Attica Gold Company is in the news, and with its vision to spread this business across the country. Attica has decided to take some positive steps towards creating a world class business environment, by which there will be an opportunity to satisfy the needy public, who wanted to sell their gold in a most transparent environment with the best possible rate. The Attica group which is one way a Start-up business, with about less than 1 Year vintage, is aiming to provide financial assistance to the customers who wanted to sell their Gold, Platinum and Silver ornaments for the best price.

Attica Group of Companies are led by its Promoter and Managing Director Mr. Bommanahalli Babu, who has been instrumental in conceptualizing and building the idea of providing assistance to those who wanted to trade their used gold in a transparent and Professional environment and had built 5 branches across Bangalore city from the scratch within 12 months of its operation. His vision is to establish Attica Gold Company a world Class organization, and is committed to provide reasonable returns to their Clients and investors with steady and organic growth. The group is looking forward to establish the brand “Attica Gold” in a big way and to set an example of leading by example. Being the fore runner in this business, Mr. Babu’s aim is to establish 50 touch points in the next 6 Months, 100 touch points within 12 months and 500 touch points across the country within a span of next 3 years.

Expected Investment for Franchise:	10,00,001 - 15,00,000
Investments Includes:	Franchise Fee     Equipments     Furniture and Fixtures     Advertising / Marketing
Capital Investment required:	No
Expected Payback Period:	18 Months
Expected ROI:	38% Fixed + Profit Sharing on ROI
Any other Investment needed:	No

Expected Investment for Franchise:
Franchise Fee:
Investments Includes:	Furniture and Fixtures     Advertising / Marketing
Capital Investment required:

Franchise Training Program:	Training Program available for the franchisee   Software/Hardware Support included in the Franchise Fees
Franchise Training Venue:	Franchise Site
Franchise available in Regions:	Central   Southern   Northern   Eastern   Western
Area/Site Preference:
Minimum Floor Area needed:
Term of Franchise Agreement:
	Franchise Agreement is renewable
Other Important Points	Minimum Guarantee given   18 Months   Facility provided     Master Franchise Available    Site Select Help given