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1. The district has the population of ~4 lakhs with the density of 270 inhabitants per square kilometre (600/sq mi)
2. Age group from 10 – 45 years comprises more than 60% of the total population
3. The major chunk of the population are the entrepreneurs, so do the high disposable income per capital
4. Bhilwara is also known as the Textile city or Manchester of Rajasthan as there are 400 manufacturing units in the town, majorly owned by the local people
5. The town is counted as one of the richest district of India because of high disposable income per capital
6. One of fastest growing city in the state due to various factors such as opening of several educational institute, increasing iron ore and mica production, insulation bricks production etc
7. There are yet to open multinational food (except dominos) and coffee chains. So right now, the competition is not as fierce as it could be after five to seven years down the line
Keeping in mind the above factors, the market has the immense potential to grow and build the business. We are excited at the prospect for the same and feel that this could prove as a golden opportunity for your company as well as for us to seize the opportunity and create the bigger business out of it.
So, we would like to explore the possibility to take up franchisee and start it in our commercial space which is located in the heart of the city. We look forward for your early and favorable response.