Naaptol plans to open 150 franchise stores by 2020 | Franchise Mart

Naaptol plans to open 150 franchise stores by 2020

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naaptol

Breaking News India,Latest Franchise News India,Multi-channel home shopping company Naaptol will set up a total of 150 franchise stores across the country over the next two financial years, a senior company official said today.

The company has already opened four stores through the franchisee route, including launching its first franchise store in Hyderabad today.

“We have planned to open 27 more franchise stores this year and altogether we have planned to set up 150 franchise stores in next two financial years,”Naaptol” (Business Head) Manish Chaubey told reporters here.

Naaptolhas 13 fulfillment centers, he said.

The company reported Rs 628 crore in revenue from commission for 2017-18.

“This financial year we are targeting a 20 per cent increase in revenue from commission as compared to last year,” he said.



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