How to Open Bluestone Jewellery Franchise Store ?

Bluestone Jewellery Franchise- Investment, Earning, Applying Process

Bluestone is India’s leading destination for high-quality fine jewellery with stunning designs. The design preferences of people are changing along with time. Nowadays, customers are starting to favour creative jewellery. With a focus on design quality, and the customer experience, bluestone aims to change India’s luxury lifestyle and jewellery market.

Bluestone reached the top 10 Jewellery Franchises in India in less than 11 years. The success of the brand has a significant impact on a company’s profits. If you are considering starting your own jewellery business, purchasing a franchise from a reputable brand would be very beneficial..

bluestone Franchise | Bluestone Jewellery Franchise

Bluestone was established in 2011,  Gaurav Singh Kushwaha is the founder of blue stone. He contributes to the company his more than 10 years of expertise in the field of technology, and his vision has helped Bluestone products growth. Jewellery made of bluestone is popular not just in India but also overseas.

Bluestone is actively building stores in many Indian locations in order to expand its business and satisfy growing demands. Ratan Tata, Accel, Iron Pillar, IvyCap, and Saama Capital are a few of the recognisable investors who support Bluestone. Bluestore stores are open in Bengaluru, Mumbai, delhi, Noida, Kolkata, Hyderabad, Chennai, Pune, Ghazaibad, Chandigarh etc. The intention to open additional stores in various cities To increase product sales, Bluestone created a branch in order to expand its reach throughout the nation and provide dealerships and franchisees.

 

Bluestone Company Details:

Websitewww.bluestone.com
TypePrivately Held
IndustryRetail Luxury Goods and Jewelry
Founded2011
HeadquartersBangalore, Karnataka
Founders 
Gaurav Singh Kushwaha
Specialties
Fine Jewellery, Ecommerce, mcommerce, Stores, Diamond Jewellery, Gold Jewellery, Gemstone Jewellery, Solitaires, Omnichannel, Designer Jewellery, Try at home, Retail, Stores, and Certified diamonds

Why to choose Bluestone franchise ?

In India, Bluestone is already a well-known brand. In addition, well-known Indian businessman Ratan Tata invested in this company.

  • Even after you decide to invest in a Bluestone Jewellery franchise, the company will continue to assist you in every way necessary to ensure a successful business operation.
  • With an award winning team, Bluestone Provides the best jewellery designs over 8000+ designs made by only the best designer.
  • Professional team from Bluestone will help with site selection, site evaluation, facility assessment, and architectural designing of the shop.
  • The company helps the Bluestone Jewellery Franchise with everything from setup to products information training, product knowledge, product display training, and help desk training.
  • Bluestone Jewellery Franchise is promoted by the firm through unit interior and promotion, local advertising, digital marketing, print media, and seminars.
  • The customer base of Bluestone grows by 200% in just 5 years.
  • Company will provide all pos material required for sale of products.

Basic Requirements for Bluestone Franchise:

  • Should have an ability to invest 2 crore to 3 crore.
  • Experience in the Jewellery shop managment.
  • Should have shop space about 3000 sqft.
  • Ability of Management/Supervision.

Bluestone Jewellery Franchise Cost:

If you want to take Bluestone Jewellery Franchise, then you will have to invest a considerable amount. The cost of a Bluestone franchise depends on a number of other costs, such as the computer, internet access, air conditioner, and CCTV setup. Here is how much it would cost to franchising a well-known company like Bluestone:

  • The Bluestone franchise agreement’s term is 5 years.
  • The cost of inventory will be around INR 2.50 crore.
  • Security deposit to mall or high streets will cost around INR 15 lac (at Actual).
  • Interior / Fit out of store + Old Gold Setup will cost up to INR 65 lac.
  • Store maintenance as per actual INR 5000 per month.

If the franchisee wants to terminate the agreement with the company, then Franchisee will receive a full refund of the inventory investment. And also 100% of security deposit investment shall be returned to  the franchisee.

Bluestone Jewellery Franchise Profits and Margin:

You can make a lot of money with Bluestone Jewellery Franchise. The company works on a variety of projects, each with its own profit margin. Your profits in any franchise are based on the number of sales you make.

  • Diamond Studded Jewellery : 7% of realized value.
  • Plain Gold Jewellery : 20% of Making Charge of realized value.
  • Gold Coins : 20% of Making charge of realized value.
  • Solitaires : 3% of realized value.

The company holds a 10% commission on total sales for bluestone franchise. However, the franchisee keeps 90% of the total sales.

 

Space requirement for the Bluestone Jewellery Franchise:

It will undoubtedly be simple for customers to find you if you choose a location for your Bluestone Jewellery Franchise showroom that is crowded and near a road in main city or in mall. To take up Bluestone Jewellery Franchise, you need to arrange at least 1500 square feet to 2000 square feet of space. It will also be an important to fence off the Bluestone Jewellery Franchisee’s cash register and product display space.

Document requirement

You will need the following documentation to get a Bluestone Jewellery Franchise:

  • ID Proof : Aadhaar card, Pan card, Voter id card
  • Address proof : Ration card, electricity bill
  • Photograph, Phone number, Email id
  • GST Registration certificate
  • NOC of unit/shop
  • Unit/shop address proof
  • Franchise agreement
  • Rent agreement

How to apply for the Bluestone Jewellery Franchise ?

If you want to take Bluestone Jewellery Franchise, then you have to follow some steps which is given below:

bluestone Franchise | Bluestone Jewellery Franchise

bluestone Franchise | Bluestone Jewellery Franchise

  • After that you will get the option of Franchisee enquiry, click on it.
  • Fill out all of the information requested on the franchise form.
  • After filling all the details submit the form successfully.
  • The company will get in contact with you on its own.

Before applying for the Bluestone Jewellery Franchise, make sure that there is no any other franchise available in that location. If any franchise exist in your location then you will not be eligible for the franchise in your location.

Bluestone Jewellery Company’s Contact Details:

If you have any query related franchise you may contact company via given information as I’ve mentioned below:

Office Address:

BlueStone Jewellery and Lifestyle Pvt. Ltd.
No 89/2, Munnekolala, Marathalli Outer Ring Road, Marathahalli, Bangalore 560037, Karnataka, India.

&

BlueStone Jewellery and Lifestyle Pvt. Ltd.
302, Dhantak Plaza, Makwana Road, Marol, Andheri (East) Mumbai-59 Maharashtra, India.

Phone: 1800-419-0066 (9 am-10 pm, 7 days a week)

Email ID: [email protected]

Website: www.bluestone.com/

 

Frequently Asked Question(FAQ):

Q. Who is the owner of Bluestone ?

Ans: Gaurav Singh Kushwaha

Q. How much investment will be required to open Blustone Franchise franchise ?

Ans: If you want to open Bluestone Franchise then you have a capacity to invest approx 3 crore which is given below:

  • The cost of inventory will be around INR 2.50 crore.
  • Security deposit to mall or high streets will cost around INR 15 lac (at Actual).
  • Interior / Fit out of store + Old Gold Setup will cost up to INR 65 lac.

Q. How much space is needed to open a Bluestone franchise ?

Ans: To open a Bluestone franchise store, you will need approximately 3000 square feet of space in the prime location of your city.

Q. Is Bluestone Jewellery franchise profitable ?

Ans: As we know, Ratan Tata-backed BlueStone, a leading omnichannel jewellery retailer, has raised over $30 million in funding at a valuation of $410 million in 2015. Due to which many people trust this brand. Hence, you will be profitable if you take a Bluestone franchise.

 

We hope you enjoyed reading this blog entry on the Bluestone franchise. For additional useful articles like this, keep visiting YMW Solutions.

 

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