FOLK APPAREL - Franchise

FOLK APPAREL - Franchise
Category : Clothing Investment: Rs. 5 Lac - Rs. 10 Lac 1000 Sq. Feet --

Folk Apparel is inviting interested Franchisees from all over India. India is a booming market for traditional and western wear and it always has been. This is an evergreen market for business. Folk Apparel is a distinctive brand with clothes ranging from Men's T-shirt, Shirt, and Jeans to Women's Ethnic Wear, Western Wear, Tops, T-shirts, Scarves, and Leggings and so on. We are tying up with our manufactures and making sure that even a single thread used is of high quality and doesn’t make our franchisee or customer happy. We are charging a nominal franchisee fees for 3 years. It is 3 Lakhs and royalty at 10% of total sale. Else everything is yours. We don't like to suck up franchisees as other brands do, because we understand that franchisees should have their own name and business profit.

Why Ethnic and not Departmental/unisex stores?

Because, we are premium as we told, we want to be different from the herd; we don't want us and you to be in the same line as others are going. See the big picture, In Indian big fat weddings, single wedding gown costs 40k-60k and this makes a direct hit at sales figure and margin. Also this is just a single saree we are talking about, but family always buys in bulk in wedding seasons. Eventually you earn a lot compared to local departmental shops. Also we are a brand, people trust us, so being our franchisee, you can cover your whole area and there will be a little or no competition for you in this segment.

How do you work?

We order our designs from manufacturer and sometimes buy designs from them, we always make sure, our single design is the most attractive one and it should be not the part of regular designs. Then we despatch directly to you, hence you enjoy the most premium quality items at a most affordable price.

Do you sell online also?

We are in talks with some companies to be exclusive and we will be selling our products in different categories with different designs also if you like we can sell those to you also if you want to keep it for offline selling. A different franchise model is available for you, connect now to know more. Folk Apparel Team

FOLK APPAREL - Franchise Investment Details

Commenced Dates

Date Commenced Operations 2015
Date Commenced Franchising / Distribution 2015

Franchise DetailsUnits

Area Investment Franchise/Brand Fee Royalty/Commission
Store Wise Rs. 5lac - 10lac  300000  10

Master / Multi Units

Area Investment Unit/Brand Fee Master/Brand Fee Royalty/Commission
Country Wise Rs. 10 K - 50 K 300000 150000000 10
Region Wise Rs. 10lac - 20lac 300000 37500000 10
State Wise Rs. 10lac - 20lac 300000 7500000 10
City Wise Rs. 10lac - 20lac 300000 1500000 10

Trade Partners Detail (Dealers, Distributors, MBOs, Retailers)

Types of Channels Investment Margin Area Requirement
Agent   25 N/A
Retailer Rs. 2lac - 5lac 10 N/A

Expansion Locations

North New Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pardesh
South  Kerala, Karnataka, Tamil Nadu
East  Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa
West  Gujarat, Rajasthan, Maharashtra, Goa
Center Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details (Optional)

Want to expand International, Nationwide
Exclusive territorial rights to a unit yes
Performance guarantee to unit franchisee no
Anticipated percentage return on investment 45-50%
Likely pay back period of capital for a unit franchise  2-3 Years
Other investment requirements no

FOLK APPAREL - Franchise Training Details

Detailed operating manuals for franchisees no
Where is franchisee training provided? At Franchisee Location
Is field assistance available for franchisee? yes
Will someone from Head Office provides assistance to franchisee in opening the franchise? yes
What IT systems do you presently have that will be included in the franchise?  yes

FOLK APPAREL - Franchise Property Details

Type of property required for this franchise opportunity Own, Rented, Leased
Floor area requirement 400-1000 Sq Ft. . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet  Malls, Shopping Center, Main Road, etc.

FOLK APPAREL - Franchise Other Details

Do you have a standard franchise agreement? yes
How long is the franchise term for? 4 years
Is the term renewable? yes
FOLK APPAREL - Franchise

FOLK APPAREL - Franchise

Category : Clothing
Area Req : 1000 Sq. Feet
Franchise Outlets : --
Investment: Rs. 5 Lac - Rs. 10 Lac

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