Idealz
- Founded
2018
- Number of Units
—
- Country of Origin
—
- Franchise Expansion
Upon Request
CONCEPT BRIEF
Idealz is an online store that has reimagined the shopping experience.
When you buy any Idealz product, you get the chance to win a wide range of luxury prizes. All products can be found within five campaign categories: cars, watches, cash & gold, electronics and lifestyle. Once you purchase a product, you will receive a complimentary coupon into the prize draw within the category you selected. All products within a campaign are limited to a set quantity and therefore the complimentary coupons are also limited.
Since launching to the public in January 2018, Idealz has conducted over 1,500 prize draws and given away in excess of AED 45 million worth of prizes.
Currently, Idealz sells its products globally through its online platforms. The products are unique to its UAE operations but each unique store in its respective country will have tailor-made collections under the same product categories: clothing and stationery.
Franchise Fee
—
Area Required
1,000 sq.ft -2000 sq.ft
Royalty Fee
10% of Gross Sales
TRAINING PROGRAM
Training at Headquarters | 10 – 14 Days |
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On-site Training | 5 – 7 Days |
SUPPORT PROGRAM
Operational Support | Site Selection |
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Marketing Support | Purchasing |
Accounting/Audit/Legal | Internal Support |
Ongoing Research & Development | Overall Program Oversight |
FRANCHISE FEE
Individual Unit Franchise Fee | — |
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Area Development Franchise Fee | — |
ONGOING FEE
Royalty Fee | 10% of Monthly Gross Sales |
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Advertising Fee | 4% of Monthly Gross Sales |
Marketing Fund | 2% of Monthly Gross Sales |