Business Categories
  • Area Req
    1200 - 1200 Sq.ft
  • Investment Range
    INR 20 Lac - 30 Lac
  • No. Of Franchise Outlets
    Less than 10
Business Details

About Us:

Elite Footwear is a brainchild of an entrepreneur; Sri Satya Ranjan Bhowmik. Th started its operations in the early 1960s in Assam, and currently headquartered in Kolkata, India. Elite Footwear is conceptualized on the lines of Durability, Comfort, and Affordability. The brand takes pride to be known as Shoe-Shoppers Paradise. The brand also expanded its footprints in Nagaland, Arunachal Pradesh, Bihar, Uttar Pradesh, and Andhra Pradesh.

Elite Footwear is one of the only brands with a blend of modern and traditional outlook in their products. The company also has the distinction of being led by retail experts and business strategists thus giving it a competitive edge over its competitor usually being run by people with diverse backgrounds. 

Brand Elite Footwear has a simple mission to offer affordable but fashionable shoes to everyone by reaching out to a wider audience with an extensive and expansive retail chain. To make this mission possible, Elite Footwear has spread out its wings all over Eastern India after starting in Assam.

Investment Details

Commenced Operations

Operations Commenced On 1960

Franchise Commenced On 2019

Franchise Details
Units

Investment INR 20lac - 30lac

Franchise/Brand Fee INR 100000

Expansion Locations
North

- NA -

South

- NA -

East

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

West

- NA -

Central

- NA -

Union Territories

- NA -

Franchise Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 55 %

Likely pay back period of capital for a Unit Franchise 1-2 Months

Other investment requirements no

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 1200 - 1200 Sq.ft

Training Details

Detailed operating manuals for franchisees Yes

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? 5-No of years Years

Is the term renewable? Yes

Interested in above brand? Submit your interest here.

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