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Paragon

Men's Footwear Paragon Franchise Cost – How to get, Contact, Apply, Fee

  • Paragon
  • Paragon
  • Paragon
  • 1000 - 1200 Sq.ft
    Area Req
  • INR 30 Lakh - 50 Lakh
    Investment Size
  • 20-50
    No. Of Franchise Outlets
  • 1975
    Establishment Year

About brand - Paragon

Paragon Footwear, a household name in the Indian subcontinent, stands as a testament to the blend of tradition and innovation in the footwear industry. Known for its extensive range of footwear catering to varied tastes and occasions, Paragon offers casual and formal shoes, sandals, floaters, slippers, and flip-flops for men. In addition, it designs footwear suitable for ethnic occasions, further solidifying its reputation as a versatile brand that resonates with the diverse preferences of Indian consumers.

Diverse Product Range and Commitment to Quality

Paragon's flagship product remains its rubber footwear, which enjoys immense popularity due to its durability and comfort. Beyond rubber, the brand has expanded into footwear made from advanced materials like Poly-Urethane (PU), Poly Vinyl Chloride (PVC), Ethylene-Vinyl Acetate (EVA), and Thermo Plastic Rubber (TPR). These materials ensure the footwear remains lightweight, durable, and suited to a wide range of uses. Paragon’s in-house design team continuously innovates, introducing fresh and trendy models to keep up with changing market demands while maintaining its promise of quality.

Humble Beginnings and Remarkable Growth

Paragon's journey began modestly in 1975, starting in Kerala with a production capacity of just 1,500 pairs per day. Over time, its reputation for reliability and affordability propelled it beyond state boundaries. By 1982, Paragon was well on its way to becoming a pan-Indian brand. Today, with state-of-the-art manufacturing facilities certified under ISO 9001:2015 standards, Paragon boasts a staggering in-house production capacity of 400,000 pairs per day. Additional outsourcing from centers like Calicut and Delhi further enhances its annual production to an impressive 14 crore (140 million) pairs.

Extensive Distribution Network

Paragon’s strength lies in its robust distribution system, which ensures seamless availability of products across India. The brand operates through 17 strategically located depots, supported by a network of over 500 distributors. This vast infrastructure guarantees timely delivery of footwear to retail outlets, even in the most remote corners of the country, thereby reinforcing its accessibility and reliability.

People-Centric Approach

At the heart of Paragon’s success is its unwavering belief in the value of its employees and distribution partners. The brand recognizes its staff and distributors as the driving force behind its consistent performance and growth. This strong focus on collaboration and mutual respect has played a crucial role in building Paragon’s identity as a trusted name in Indian households.

India’s Trusted Footwear Brand

Today, Paragon is synonymous with trust, comfort, and durability in the footwear industry. By catering to millions of consumers daily and embracing the latest in footwear technology, the brand continues to uphold its legacy of crafting quality products that are affordable and long-lasting. Its remarkable growth trajectory and commitment to excellence make Paragon not just a footwear company but a symbol of reliability and innovation in India’s retail landscape.

Paragon Footwear Franchise Opportunity

Paragon Footwear, one of India's most trusted and widely recognized brands, offers a lucrative opportunity for aspiring entrepreneurs through its franchise model. With its extensive product range, strong distribution network, and established reputation, becoming a Paragon franchisee promises a stable and rewarding business venture.

Why Choose a Paragon Franchise?

  1. Established Brand Name
    Paragon is a household name in India, known for quality, durability, and affordability. Franchisees benefit from the brand's longstanding reputation and customer loyalty.
  2. Diverse Product Range
    • Casual and formal shoes
    • Sandals, floaters, slippers, and flip-flops
    • Ethnic footwear for special occasions
      Paragon caters to a wide audience, ensuring a steady demand throughout the year.
  3. Proven Track Record
    Operating since 1975, Paragon has grown from a local business in Kerala to a nationwide brand producing over 14 crore pairs annually. Its success speaks volumes about its market acceptance and sustainability.
  4. Low Investment, High Returns
    the affordability of Paragon’s products appeals to a broad customer base, ensuring consistent sales. As a franchisee, you leverage this demand while benefiting from the company's economies of scale.
  5. Support and Training
    • Initial Training: Assistance with setting up the store, inventory management, and customer service.
    • Marketing Support: Paragon provides promotional materials, advertisements, and branding to attract customers.
    • Continuous Updates: Franchisees receive updates on new products and trends to stay relevant in the market.

Paragon Franchise Cost & Investment

Commenced Operations

Operations Commenced On 1975

Franchise Commenced On 2015

Franchise Details
Units

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 236000

Royalty/Commission 38 %

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 62 %

Likely pay back period of capital for a Unit Franchise 1-3 Years

Other investment requirements No

Paragon Expansion Plans

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

 

Tags: Retail Business Franchise in Delhi   |   Retail Business Franchise in Haryana   |   Retail Business Franchise in Himachal Pradesh   |   Retail Business Franchise in Jammu and Kashmir   |   Retail Business Franchise in Punjab   |   Show more...

Paragon Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 1000 - 1200 Sq.ft

Preferred location of unit franchise outlet Highstreet area

Paragon Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location BANGALORE

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

Paragon Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get Paragon Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get information about Paragon franchise, you can fill up the application form provided on the website and get all the details viz. Paragon franchise fee, Paragon franchise cost, Paragon apply process and more.

Interested in Paragon Franchise? Apply here

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