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.
Operations Commenced On 1960
Franchise Commenced On 2019
Investment INR 20lakh - 30lakh
Franchise/Brand Fee INR 100000
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
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Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
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Type of property required for this franchise opportunity Commercial
Floor area requirement 1200 - 1200 Sq.ft
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
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