Lifestyle retailer Tynimo plans to open 400 franchise stores in next 4 years
Bengaluru: Tynimo, a Bengaluru-based lifestyle retail brand, has announced its business expansion plans for the next four years. The fast-fashion lifestyle brand plans to open around 400 franchise stores in tier 1 and tier 2 cities across India.
The company has set some guidelines to select franchisees – One must have a retail experience, be involved in daily store operations and have sound earnings. To become a part of the Tynimo family and open franchise stores, a 500-600 sqft space with an investment amount of just Rs.30 lakhs is all it needs.
Vaibhav Jain, Founder, Tynimo, said, “I am so happy to announce the expansion plan of our small tiny family Tynimo. We plan to start franchised stores in Tier 1 and Tier 2 cities. At Tynimo, we prefer to promote more eco-friendly & organic products for the sake of a greener Earth, and I feel there is a need for more such stores. Currently, we have flagship stores in Bangalore, Mumbai, Lucknow, and a franchisee store in Thimphu, Bhutan.”
The company is going forward with their franchisee model plan as they already have one store in the capital city of Bhutan. Tynimo has established itself amongst the people of Bhutan as the most preferred lifestyle store even with the presence of other competitive brands. The brand, its products & pricing have significantly impacted the people of Bhutan.
Tynimo symbolises a tiny shopping plex with a large variety to offer an unplanned shopper. The brand is focused on providing high-quality daily lifestyle products at affordable prices, hence providing a better lifestyle. Every product at tynimo is designed on the philosophy of creative design, cost efficiency and a better lifestyle. The brand is focused on looking beyond price and functionality to connect with a back story and ethics that appeals to the consumer’s sense of self.