Wingsfield Knitwear Pvt.Ltd

Area Requirement 350-1200
Investment Size INR 5 Lac - 10 Lac
Franchise Outlets 12

Business Detail

Setup in 1935 , Wingsfield has been in the knitwear business for 70 + years . Wingsfield is one of the pioneers of modern knitwear industry in India . We are adding wovens and casual wear to our strong knitwear collection this summer to relaunch Wingsfield strongly this year . We are bigger , better and offer a successful franchise model for potential enterprenuers.

Investment Detail

Commenced Operations

Operations Commenced On 1950

Franchising / Distribution Commenced On 2000

Franchise Details

UNITS

Location Store wise

Investment INR 5lakh - 10lakh

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal

South

Kerala, Karnataka, Tamil Nadu

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Anticipated percentage return on investment 20-30%

Payback Period 2 years

Any Other Requirements 500000

Property Details

Type of property required for this franchise opportunity high street / malls

Area Requirement 350-1200

Preferred location of unit franchise outlet mass market with large footfalls

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 9 Years

Is term renewable? Yes