Below are frequently asked questions from our High Touch Stores (HTS) business friends over the years. If you have a more specific query that is not listed below, please contact us and we will endeavor to respond as quickly as we can
Frequently Asked Questions
Newtech continually seeks highly-qualified active individuals to become High Touch Store Owner. Prior business experience, coupled with personal financial qualifications, individual motivation, and a track record of success are important factors in our evaluation process. If you are interested in pursuing single unit or area development opportunities as a High Touch Stores please click here to request more information and a development representative will contact you shortly to discuss.
Owning the Arts N Prints HTS gives you the great opportunity to own your own business, but not just any business, a proven business with a low investment, simple operations, flexible floor plans, national and local support, national and regional advertising, a two week training program, ongoing learning for our owners and their staff, store development assistance, design support; lease negotiations, construction guidance and much, much more.
The total cost of each unit varies by size and location, the investment can range from INR 2 Lakh (excluding GST) of non-borrowed personal resources to consider you for a HTS. Financing is to be secured through third-party lending sources.The minimum amount for a down payment will vary. For a better idea of the capital requirements contact our Business Development Consultant.
Arts N Prints HTS pay 12.5% every week (gross sales minus the GST tax); 8% goes toward the franchise royalties and 4.5% goes towards advertising.
How much money you make will depend on a lot of factors, including how well you:
- Satisfy your customers’ needs by providing product assortment, value, quality, service, and a clean, safe and friendly environment
- Implement all Newtech operating principles
- Recruit and develop a top-rate, customer-focused store staff that can effectively communicate with your customers
- Monitor your sales trends while managing your expenses
- In most states, the Newtech High Touch Store Disclosure Document (HTSDD) provides some historical financial performance data for existing stores.
Profitability depends on many factors including operating and occupancy costs, financing terms and most important, your ability to operate the business effectively. Our employees, salespeople, or Business Development Consultant are not permitted to furnish any oral or written information concerning actual or specific profit projections. Actual results vary from location to location and we cannot estimate the results of any particular HTS. To learn more about sales we encourage you to call Newtech HTS large number of multi-unit owners to learn first-hand why they decided to acquire additional franchises during our application process.
In addition to the initial store fee, each location is different and the initial investment varies depending on office size, build out costs, location, etc. For a better idea of the capital requirements contact our Business Development Consultant.
Let us know that you’re interested! Click here to fill out the Request Information form, and someone from our HTS team will contact you if you are a fit.
Initial qualification involves a series of background checks and interviews and generally takes 1-2 weeks. After that, identifying and securing an opportunity can take 3 to 9 weeks depending on size and scope of the opportunity.Each location is different, and the length depends on a variety of factors. However, it typically takes approximately 2-3 months from signing the HTS agreement to opening day at your Newtech’s High Touch Stores.
A Business Development Agent is a local, on-site representative of the Newtech HTS concept. Your BDC will be your primary contact in your local area and will be able to provide local support not only throughout the application process but continued support as you operate your HTS.
Absolutely! Training classes are held throughout the year. We have training centres located all around the Cities, with the main training centre located in Bengaluru, KA. You will be assigned to a training centre based on your location and language preference.All new HTS Owner participate in a 3-week training program. This program consists of 1 week of Certified Manager Training and 2 weeks of real-life management experience by way of our Apprenticeship Program in an existing location. Once completed, High Touch Store Owner receives continuing support, including on-site reviews. An annual Brand Immersion program is also offered to further enhance the HTS training. The HTS owner is responsible for all costs incurred including travel and lodging.