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  • Area Req
    500-1000
  • Investment Range
    Rs. 20lac - 30lac
  • Franchise Outlets
    40
Business Details
Ashika Fashionwear is one of the leading lady ethnic wear brand and immensely popular with the womenfolk. It offers an opportunity like never before with its unique franchising concept! With returns as high as 95% in the first year itself, with minimum investments, this opportunity is not to be wasted!! After tasting success in Mumbai, it aims to make its brand visible across the country by offering franchising to all who might be interested in this business!!

Investment Details

Commenced Operations

Operations Commenced On2004

Franchising / Distribution Commenced On2008

Franchise Details
Units

Area500-1000

Investment Rs. 20lac - 30lac

Franchise/Brand Fee Rs.50000 franchisee

Royalty/Commission31%

Expansion Locations
North

Uttar Pradesh, Uttaranchal

South

- NA -

East

West Bengal

West

Goa, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

Union Territories

- NA -

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 85

Likely pay back period of capital for a unit franchise 1-2 years

Other investment requirements - NA -

Property Details

Type of property required for this franchise opportunity malls and high stree

Floor area requirement 500-1000

Preferred location of unit franchise outlet Market areas, high streets, ground floor compulsory

Training Details

Detailed operating manuals for franchisees No

Franchisee training location on shop floor

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 Year

Is the term renewable? Yes

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