Tsangarakis Group: "Good Prices - Large Margin - Prestigious Name"
Published at 15/11/2011
Tsangarakis Group (GT Group) is known to the public because of Galerie Tsangarakis, which operates in the art, jewelry and watches sector since 1989 in Greece and abroad. It has currently 9 galleries (in Kolonaki, Syntagma Square, Glyfada, Bucharestiou str and Mykonos) covering a total area of 1.550 sq.m. A few months ago it celebrated the opening of its brand new headquarters in a renovated building of 1500 sq.m. GT Group aspires to expand in the European and the Balkan market.
It paricipated in the special edition of FRANCHISE SUCCESS in Bulgaria.
GT Group in numbers
Tsangarakis Group (GT Group) consists of 8 companies and more than 30 corners in the finest locations of Greece with more than 80 qualified employees. They are situated in clothes boutiques and jewelry shops, which provided a turnover of 25 million Euros in 2010.
Two proposals in a unique concept
Today, the flagship of the GT Group, has two unique franchise proposals in the field of jewelry and accessories, the GT Tsangarakis and Lolita by Tsangarakis, covering all the needs of the modern woman in every age and class with economic solutions but no discounts in quality.
GT Tsangarakis philosophy and history
The philosophy of GT Tsangarakis lies in the words of George Tsangarakis, the owner of GT Group who states: " Success has a taste like everything in life. My own success in my work, my family, in society, has a taste of dignity, honesty and morality. There are no secrets. It needs effort, perseverance, courage, boldness, risk, determination and work, work, work. "
This philosophy led a child from Alexandria, through the Perama shipyards and the mines of Alaska, to his first business venture in 1990. He started only with his wife and now he has created a group of eight companies, a wide network and a well known brand name in the market. Expansion abroad is one of the priorities of the company and the Bulgarian market is a very promising market for development with franchising.
The product mix
GT Tsangarakis has two lines of jewelry and accessories: Light Luxuria with retail prices, which range from 100€ to 250€ and Lolita Jewelry at retail prices, which range from 10€ to 75€.
Light luxuria
The largest percentage of product mix of Light Luxuria is addressed to consumers aged 35+ with unique products, unparalleled quality and excellent combination of value for money.
Lolita by Tsangarakis
The largest percentage of the product mix refers to consumers aged 18 + with unique products, unparalleled quality and great value for money.
What the company offers to the franchisee
- 22 years of experience
- Great margin of profit
- After sales service
- Capacity to exchange the stock with new products
- 3D architectural plan
- Huge collection that is renewed every month with more than 165 new models
- Follow up from the headquarters with online storage view and advanced logistics program
- Training from a specialized team