If you are considering investing in a franchise in the textile and apparel industry, Arvind Store offers a compelling opportunity. Known for its high-quality fabrics and a wide range of men's apparel, Arvind Store has established a strong presence in the market. In this blog, we will explore the costs, profit potential, and steps to open an Arvind Store franchise in 2024.
Arvind Store is part of the Arvind Limited group, one of India’s largest textile manufacturers. The brand is known for its quality, innovation, and extensive range of fabrics and ready-made garments.
Arvind Store offers a variety of products, including:
Franchisees receive comprehensive support in areas such as:
The initial investment for an Arvind Store franchise includes several components:
Franchise Fee-5 to 20 lakh
Estimated Store setup cost-20 to 25 lakh
Initial Inventory-30 to 40 lakh
Royalty Fee-3% to 5%
Miscellaneous cost-5 to 10 lakh
Working Capital-25 to 30 lakh
Franchise Agreement-5 years
Total Investment-1 Crore
An Arvind Store franchise can generate revenue through several channels:
Arvind Store franchises typically enjoy healthy profit margins due to the high demand for their quality products. Profit margins can range from 35% to 40%.
Revenue per month-15 to 20 lakhs
Gross Profit Margin-40%
Return on Investment Period-3 years
Begin by researching the Arvind Store franchise model. Consider factors such as brand reputation, initial investment, support, and training provided.
Reach out to Arvind Store to express your interest in becoming a franchisee. You can do this by visiting their official website and filling out the franchise inquiry form or contacting their franchise development team.
The FDD provides detailed information about the franchise, including fees, obligations, and financial performance. Carefully review this document to understand the terms and conditions.
Arvind Store may invite you to a discovery day where you can visit their headquarters, meet the team, and learn more about the business model and franchise opportunity.
Arrange financing to cover the initial investment. This may involve personal savings, bank loans, or investor funding.
Once you are satisfied with the terms, sign the franchise agreement and pay the initial franchise fee.
Undergo the training provided by Arvind Store and set up your store. This includes leasehold improvements, purchasing equipment, and hiring staff.
Launch your Arvind Store with a grand opening event to attract customers and create buzz in the community.
To open an Arvind store franchise requires a 1 crore investment, including the franchise fee, initial inventory, working capital, setup cost, and others.
Franchisees of Arvind Stores can expect a gross profit margin of 40% on each sale.
In Conclusion, Arvind Store Franchise Cost, Profit, and How to Open? In 2024, Arvind Store will be the finest franchise opportunity with an established brand, benefit from revenue sharing, and receive support and training, a royalty fee, and a profit margin. But you also need to consider competition for a clothing business in your chosen location, a high initial investment, and the applicant’s prior retail experience.
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