Foot Lounge Pvt Ltd

Area Requirement 600 - 1200 Sq.ft
Investment Size INR 30 Lac - 50 Lac
Franchise Outlets 10-20

Business Detail

Foot Lounge is a Multibrand sports footwear and apparel chain housing top 4 international brands Adidas, Sketchers, Puma and Reebok.

Wehave 17 Outlets in Tamil Nadu. We are looking for expansion in South India.

Investment Detail

Commenced Operations

Operations Commenced On 2007

Franchising / Distribution Commenced On 2018

Franchise Details

UNITS

Location Store wise

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 50000

Royalty/Commission 10 %

Expansion Locations

North

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

West

Central

UNION TERRITORIES

Franchise Details

Anticipated percentage return on investment 24%

Payback Period 1-3 Months

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 600 - 1200 Sq.ft

Preferred location of unit franchise outlet Main Road

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Chennai

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

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is term renewable? Yes