The initial set up cost for the store would be around Rs 15-35 lacs inculding the cost of setting up the facility with a working capital requirement for the initial period of business operations. The exact investment would vary from store to store depending on various factors such as store size, rental/self owned etc.
After siging the format agreement it normally takes 1-2 months to set up and start entire operations.
The break-even point varies from centre to centre as it depends on a variety of factors such as sales, overhead, operating cost and business.
Although we have a pan India presence, we are currently emphasizing on tier-ll and other modest loaction where there’s untapped potential.
Prior experience in retail/apparel industry would be desirable, but not mandatory. Our franchise program is designed in such a manner that it assists a new franchisee in all areas of operations.
Having your own real estate would be advantageous:however you can also set up the store at long lease rental proects. If not, we can also help you find a suitable loaction for your exclusive showroom.
Risk is only in the selection of an ideal location, therefore we advise our prospective franchisee to cautious while deciding the same. Like any retail business, the location plays a major factor in determining the successful running of an organization and keeping the business profitable.
The Franchise has to be very careful in selecting an optimal loaction which will keeps rentals low. The company does not share the rental cost as such but the margins provided by the company are good enough to cover rental expenses.
The Inital agreement is for 2 yearswith an option of renewing it further. Renewal of the the agreement is subject to mutual agreement of both the parties.
Yes, we do. We will help you with designing of the outlet, fit outs,equipment sourcing at the best possible price, production, staff recuitment ( if required), extensive training programs by the liberty management and various marketing programs to help you with day to day business operations.
The marketing progrm is devised in such a way that the comapny will do the national level marketing activities focusing on brand awareness and development. However, local advertisements and promotions shall be carried out by the franchisee with support and inputs from the management.
Entire investment is done by company.There is no need for credit period.
Company takes back all unsold stock and bear the cost of innovations, tests and trials.
All discount is borne by the company.
It is the company that bears cost of GST and keeps the channel partner free from such taxing compliances.
Company provides a facilitator at its own cost till both the parties are convinced with training and establishing S.O.P’s.
Following team of experts will provide all help and advice-
2. It team
3. Field of executives
4. Finance experts
5. HR department
6. Project guide and architects.
7. Marketing Personnel
Taken back by the company.
With a minimum cost of Rs 8,333/-permonth, The company provides following facilities-
6. Cost of training
7. It support
All channel partners are invited to product presentataions 3-4 times a year.