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The Loot (India) Private Limited

  • Area Req
    - NA -
  • Investment Range
    Rs. 20lac - 30lac
  • Franchise Outlets
    35
Business Details
“The LOOT” is a multi-brand discount store, offering customers a wide range of products in apparels, footwear’s & accessories with discounts ranging between 25% -60% – throughout the year. The store retails brands like Kappa, Bossini, Adidas, Nike, Lotto, CAT, ID, Nautica, Spykar, Lilliput, Giny & Jony, Disney, Actual Kids, Palm Tree, Bossini kids, Ruff Kids, Lee Youth, Oil & Grease, Barbie, Freya Jewellery, W, Sepia, AND, Expozay, Umaima, 109oF, Welspun, Portico, Carmichael House, Puma, Reebok, Fila, Umbro, New Balance, Wills Lifestyle, Bus Stop, Reid & Taylor, Van Huesen, Allen Solly, Stori, Cottons by Centuary, Turtle, Arrow, Lee, Lee Cooper, Levis’, Wrangler, Siyarams MSD, Status Quo, Flying Machine, Switcher, Irony, USI, Pepe Jeans, Parx, Park Avenue, Blackberrys, Rifle, Ragz jeans, Recap, SF jeans, Thomas Scott, Red Tape, Provogue, Ganuchi, Franco Leone, Rifle and international brands like Mercedes. The LOOT started in the year 2004 as a “Value Retail” format. Post the launch and the stupendous success of the first store in the year 2004, The LOOT has set up 65 outlets, which are currently operational. In the year 2005, The LOOT was nominated in “India Fashion Forum” for the best value store in India; and again in 2006, The LOOT was nominated in “India Retail Forum” for the best value store in India. In the recent “India Retail Forum” 2007, The Loot was nominated in the below mentioned categories Most admired retailer of the year: Retail Marketing Campaign Most admired retailer of the year: Retail design and visual merchandising Most admired retailer of the year: Innovative concept As per The Franchising World (2008), The Loot is amongst the Top 50 business opportunities in India. The Loot was selected one amongst the 12 ‘Small ideas big changes’ series in The Hindustan Times in Mumbai. Currently The Loot is nominated in the TATA NEN hottest startup awards. The Loot’s strength as a retailer lies in proper procurement & an excellent supply chain management. This helps in getting better pricing from the manufacturer and thereafter passing the benefit on to the consumer. The LOOT currently offers the right mix of men’s and women’s semi-formal, formal, casuals, sports category of garments, footwear & accessories, kids wear etc. The LOOT currently operates 65 stores in cities like Mumbai, Delhi, Jalandar, Amritsar, Pune, Surat, Ahmedabad, Aurangabad, Navi-Mumbai, Mysore, Bangalore, Jabalpur, Raipur, Jalgoan, Solapur, Ahmednagar, Lucknow, Ghaziabad, Vapi, Ambala, Bikaner, Jaipur, Udaipur, Goa ,Nashik etc... Shortly opening stores in cities such as Indore, Patna, Kutch, , , Faridabad, Nagpur, Pune (Fatima Nagar, Satara Road, M.G. Road) Guwahati, and Mumbai (Lokhandwala, Santacruz and Kalyan) are on the anvil. To propel the growth of the company and to move to the next level, The LOOT has invested skillfully in IT. The company focus is also on personnel training and great emphasis is being laid on preparing the back end to take growth to about 100 stores by the year 2008-09. A modern fully equipped and technologically upgraded warehouse has been set up at bhiwandi, which can accommodate about 8-10 lacs pieces of merchandise to meet the growing demands of the expansion.

Investment Details

Commenced Operations

Operations Commenced On2004

Franchising / Distribution Commenced On2006

Franchise Details
Units

Area- NA -

Investment Rs. 20lac - 30lac

Franchise/Brand Fee - NA -

Royalty/Commission- NA -

Expansion Locations
North

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

South

Karnataka, Kerala, Tamil Nadu

East

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

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

Union Territories

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

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 150

Likely pay back period of capital for a unit franchise - NA -

Other investment requirements - NA -

Property Details

Type of property required for this franchise opportunity - NA -

Floor area requirement - NA -

Preferred location of unit franchise outlet - NA -

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location No

Is field assistance available for franchisee? No

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? 1 Year

Is the term renewable? Yes

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