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KARMIK Dealership & Distributorship Cost – How to get, Contact, Apply, Fee

  • Area Req
    800 sqft to 1500 sqft
  • Investment Range
    INR 30 Lakh - 50 Lakh
  • No. Of Dealer/Distributor
    1

About brand - KARMIK

The concept of brand KARMIK is inclusive of a lot of firsts, through its unique ideology of providing ‘aspirational’ designer wear at ‘affordable’ prices making them ‘accessible’ all across the country. It capitalizes on the gaping void that exists in the women’s ethnic wear segment of the Indian contemporary fashion market. For the first time, country’s top designers like Rohit Bal, Anamika Khanna, JJ Valaya, Rocky S, Ranna Gill, Shantanu& Nikhil, Rina Dhaka, Neeta Lulla, Kavita Bhartia, Anshu Arora Sen and more will be designing an affordable range without compromising on the aesthetics. Though affordable, each style will retain their creative individuality and will be together walking the ramp for the brand each season. Today’s woman wants to up her fashion quotient, which would help her carve a niche in her social circle. In order to achieve this, she looks at owning designer labels which are not only unaffordable but also proximally inaccessible. As a non-preferred alternative, she would invariably end up buying mass brands that, although affordable, are both non-exclusive and non-aspirational. Hence there is a tremendous scope of developing a retail model that provides for the dressing-up desires of woman, who is pressed for choice when it comes to buying aspirational and affordable designer Indian wear. With six store already up and running in major metros like Mumbai, Delhi, Bangalore, Chennai and Ludhiana, KARMIK aims to achieve the 60 store benchmark; enabling designers to finally cater to a wider reach and audience in cities like Pune, Jaipur, Lucknow, Chandigarh, Amritsar etc. The potential of this new brand is immense; it is basically targeting the aspirations of women from both small towns as well as metro’s of owning a designer-wear garment without burning a hole in their pocket. The target customer is the entire women population of the country – who is pressed for choice in branded ethnic wear segments. By making it affordable we are making sure that all the strata of society is comfortable in buying these designer-wear garments. To attain our target of 60 stores in three years, we feel that a healthy mix of company owned and franchise stores will work best for rapid expansion.The benefit is symbiotic as it is a risk sharing model which facilitates optimal use of resources.With a decade of experience in Retail, we have realised that choosing the right franchisee is crucial. The franchisee should resonate the same sensibilities and passion towards the trait as the brand. In other words, the blood group of the parent company and franchisee should match; wrong transfusion can be fatal; in our case the blood group has to be F+ (Fashion Positive). KARMIK is truly set to revolutionize the way women shop in India.

KARMIK Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2012

Distribution Commenced On 2012

Distribution Details
Units

Investment INR 30lakh - 50lakh

Franchise/Brand Fee INR 7,50,000

Royalty/Commission 27 %

Trade partners
Types of Channels Investment (If any) Margin / Commissions Area Requirement
Dealer 27% 800- 1200 - Sq.ft
Details

Likely pay back period of capital for a Channel Partner 12 to 18 months

Other investment requirements No

KARMIK Expansion Plans

North

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

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh

East

Assam, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

Pondicherry, Chandigarh

 

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KARMIK Franchise Requirements

Type of property required for this dealership opportunity Commercial

Floor area requirement 800 sqft to 1500 sqft

Preferred location of unit dealership outlet Mall / High Footfall Area

KARMIK Franchise Training

Detailed operating manuals for dealerships Yes

Dealership training location at franchisee location

Is field assistance available for Dealership ? Yes

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

Current IT systems will be included in the dealership Yes

KARMIK Franchise Agreement Details

Do you have a standard dealership agreement? Yes

How long is the dealership term for? 9 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 KARMIK 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 KARMIK franchise, you can fill up the application form provided on the website and get all the details viz. KARMIK franchise fee, KARMIK franchise cost, KARMIK apply process and more.

Interested in KARMIK Franchise? Apply here

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