The success story of IIFT NEXT, established in 1990 by country’s leading fashion technologist, Mr. Ratnadeep Lal, who himself has a vast experience in the field of fashion in India Along with Europe & America is spread through its established branches across India. Over 30 branches established by IIFT NEXT for imparting vision and a plan for achieving Goals for its pupil, & providing consultancy service to Industry for over 24 years. Now in IIFT we not only train Indian students but also students from Nepal, Bhutan, Bangladesh, Mauritius and other Africa countries.
Operations Commenced On 1990
Franchise Commenced On 1990
Investment INR 30lakh - 50lakh
Franchise/Brand Fee INR 1000000
Royalty/Commission 15 %
City Wise
Investment INR 30lakh - 50lakh
Unit/Brand Fee INR 1000000
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 75 %
Likely pay back period of capital for a Unit Franchise 2 -
Other investment requirements no
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Rented
Preferred location of unit franchise outlet Near by market to residents
Detailed operating manuals for franchisees Yes
Franchisee training location Either Location
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 4 Years
Is the term renewable? Yes
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