Lofa Love for Arcade Franchise Opportunity

Business Detail

LOFA as a brand has chosen to be a pioneer in lifestyle revolution in the Indian households. They are here to enable the quantum leap on how an Indian leads her/his life with a promise of futuristic products to create a 360-degree shift in her/his lifestyle.
This brand is built on everything elegant, classy and poise. Every store is brimmed-up with an ecstatic aura and every product with customers joy. A brand that will never fail to awestruck you with products so amazing, you will become a fan of them.
The LOFA motto LOVE FOR ARCADE embodies the familiarity of the company about its customers love for shopping. Preserving that in mind, they have conveyed stores and products in the country that will nurture this love and make it ever-growing.

Investment Detail

Commenced Operations

Operations Commenced On 2018

Franchising / Distribution Commenced On 2020

Franchise Details

UNITS

Location Store wise

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 600000

Expansion Locations

North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

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 42%

Payback Period 2-10 Years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 600 - 1000 Sq.ft

Preferred location of unit franchise outlet Crowded areas, walking crowed foot fall

TRAINING DETAILS

Franchisee training location Mumbai

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? 3 Years

Is term renewable? Yes