Wooden Street to open 100+ stores and generate 500 cr in 2 yrs

14 Jul 2021 CW Team

The Pandemic has left a hole in the country, and WoodenStreet has stepped in to help by establishing a franchise growth programme called "Partner to Win," which aims to rekindle the entrepreneurial spirit among aspiring professionals.

WoodenStreet has always strived to provide the greatest goods to its customers, and the goal of this project is to target the less-explored tier 2 and tier 3 markets and build the country's largest omni-channel network. The aim is to extend its footprint with more than 100 tech-enabled stores in a period of 24-36 months, with 35+ outlets currently operational in all major areas. If there's one thing we've learned in the last two years, it's that technology is humanity's best hope for survival, and WoodenStreet is one of the few businesses to introduce smart furniture stores.

“We have always thought that any scenario presents an opportunity, and in light of the digital transformation that our nation is through, we want to reach out to the public and create a solid road for all business enthusiasts to travel on. “On both physical and online storefronts, all franchisees would earn a nice 18-20 percent commission,” said Lokendra Ranawat, CEO of WoodenStreet. He goes on to discuss how developing aligned enterprises and fledgling entrepreneurs may get their share of profit with only a rupees 10-15 lakh investment and a 100% return on investment (return on investment). This may easily enable a franchisee create a monthly revenue of 20-25 lac in tier 2 and tier 3 cities. Because these new stores will be Exclusive Franchises, the programme provides a wonderful opportunity for both emerging entrepreneurs and the firm. This makes it more appealing and beneficial for the partners. The firm expects to generate $500 million in sales over the next 24 months as a result of this growth, with a minimum of 500 jobs created. With such a fantastic software, the possibilities are endless.

This venture adds a promising feather to WoodenStreet's industry hat while also providing a new chance for society. The brand is doing exceptionally well, with over 10 million satisfied customers in the last six years. For all we know, WoodenStreet's Partner to Win initiative is something to be excited about.

The Pandemic has left a hole in the country, and WoodenStreet has stepped in to help by establishing a franchise growth programme called Partner to Win, which aims to rekindle the entrepreneurial spirit among aspiring professionals. WoodenStreet has always strived to provide the greatest goods to its customers, and the goal of this project is to target the less-explored tier 2 and tier 3 markets and build the country's largest omni-channel network. The aim is to extend its footprint with more than 100 tech-enabled stores in a period of 24-36 months, with 35+ outlets currently operational in all major areas. If there's one thing we've learned in the last two years, it's that technology is humanity's best hope for survival, and WoodenStreet is one of the few businesses to introduce smart furniture stores. “We have always thought that any scenario presents an opportunity, and in light of the digital transformation that our nation is through, we want to reach out to the public and create a solid road for all business enthusiasts to travel on. “On both physical and online storefronts, all franchisees would earn a nice 18-20 percent commission,” said Lokendra Ranawat, CEO of WoodenStreet. He goes on to discuss how developing aligned enterprises and fledgling entrepreneurs may get their share of profit with only a rupees 10-15 lakh investment and a 100% return on investment (return on investment). This may easily enable a franchisee create a monthly revenue of 20-25 lac in tier 2 and tier 3 cities. Because these new stores will be Exclusive Franchises, the programme provides a wonderful opportunity for both emerging entrepreneurs and the firm. This makes it more appealing and beneficial for the partners. The firm expects to generate $500 million in sales over the next 24 months as a result of this growth, with a minimum of 500 jobs created. With such a fantastic software, the possibilities are endless. This venture adds a promising feather to WoodenStreet's industry hat while also providing a new chance for society. The brand is doing exceptionally well, with over 10 million satisfied customers in the last six years. For all we know, WoodenStreet's Partner to Win initiative is something to be excited about.

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