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How to start the PVR cinemas franchise | franchise story

PVR Cinema Franchise investment | Total Investment & ROI 

Hey movie buffs and aspiring business owners! Are you dreaming of owning your own cinema? Well, if you’ve got the passion for movies and the drive to succeed, partnering with the PVR Cinemas franchise might just be the ticket to making your dreams come true. Look no further than the PVR franchise partnership!

PVR Cinemas is a leading multiplex chain in India that offers franchise opportunities for entrepreneurs to open movie theaters under the PVR brand name, leveraging their expertise and brand recognition. PVR offers franchise opportunities (PVR franchise) for interested entrepreneurs to open its franchise at a PAN India level, providing a chance to be part of the renowned PVR cinema chain.

Now, you might be wondering, “Does PVR offer franchise opportunities?” The short answer is no, but don’t fret just yet! While PVR doesn’t follow the traditional franchise model where they offer a ready-made package, they do offer a partnership opportunity for those with the right resources and dedication.

Table of the content:

Franchise Brand Profile:

Brand Name: PVR – Priya Village Roadshow Ltd
Founder: Ajay Bijli
Founded year: 1995
Headquarters: Gurgaon, Haryana, India
Total Employees: 1000+

Here’s the lowdown:

Does PVR Provide franchise?

PVR does not offer franchise opportunities in the traditional sense where they provide a franchise package. However, individuals with the proper budget, investment, capital, and space can collaborate with PVR to open a multiplex under the PVR brand name. This involves having the necessary resources and meeting the company’s requirements to establish a PVR cinema in a specific location. So, while PVR does not have a standard franchise model, interested entrepreneurs can still partner with PVR to open a cinema under their brand by meeting the company’s criteria and investment requirements.

PVR cinemas franchise | franchise story
PVR cinemas franchise | franchise story

How to Initiate PVR Franchise Partnership

Ready to take the plunge? Reach out to PVR and express your interest in partnering with them. They’ll guide you through the process, evaluating your suitability as a partner and providing assistance every step of the way.

About PVR franchise Brand: 

​​PVR Cinemas was formed in 1995 as a joint venture between Priya Village Roadshow Ltd and Village Roadshow Limited of Australia. The first PVR Gold Screen was introduced in Forum Mall, Bangalore. It began commercial operations in 1997. In 2011, PVR brand entertained more than 19 million patrons across its properties, contributing 20-25% of the company’s revenue. As of December 2023, PVR Inox has 1712 screens across 359 properties in 114 cities (India and Sri Lanka). PVR Pictures has the highest box office shares of independent foreign language films in the country.

Market Size and Growth Rate :

The Indian film industry’s market size grew to over 197 billion Indian rupees in 2023, indicating a trajectory of recovery. Moreover, India is expressing the fastest growth rate of around 19% in 2023 in the Asia Pacific movie theater market, driven by a shift from single-screen theaters to multiplexes and luxury movie theaters.

Government Initiatives:

The Indian government has made a commendable decision to build 1 lakh new movie theaters in rural areas of the country over the next several years, which is expected to create lucrative opportunities for the movie theater market players.

Box office:

By 2021, Telugu cinema (Tollywood) had overtaken both Hindi cinema (Bollywood) and Tamil cinema (Kollywood), emerging as the largest film industry in India in terms of box-office revenue. However, by 2023, Bollywood again emerged as the largest film industry in India. 


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FAQ:

Does PVR offer franchise opportunities?

While PVR doesn’t offer traditional franchise packages, they do provide a partnership opportunity for individuals with the right resources and commitment to open a multiplex cinema under the PVR brand name.

Who is the founder of PVR?

Ajay Bijli, Founder & chairman and managing director of PVR.

Who is the CEO of PVR?

Gautam Dutta, CEO of PVR Ltd.

What is the current market size of the theater industry in india?

The current market size of the theater industry in India is estimated to be around USD 69.78 billion, with a projected growth to USD 95.66 billion in the next five years. This growth is driven by factors such as technological advancements, increased disposable income, and the shift towards multiplexes and luxury theaters in the country. Additionally, India is experiencing the fastest growth rate in the Asia Pacific region, with a significant focus on building new movie theaters in rural areas, as part of a government initiative to expand access to cinema across the country.

What is the difference between a franchise and a partnership with PVR?

In a traditional franchise model, the franchisor provides a standardized package to franchisees. In contrast, PVR’s partnership approach involves collaborating with individuals who have the necessary budget, investment, and space to establish a cinema under the PVR brand.

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