Erisha Franchise Cost – How to get, Contact, Apply, Fee

Erisha: A Business Opportunity Powered by Edria Services

Erisha, powered by Edria Services, is a dynamic and innovative company operating in the rapidly growing beauty and personal care industry. Specializing in Color Cosmetics, Deodorants, and a variety of related products, Erisha offers an exceptional franchise business opportunity designed to empower individuals and entrepreneurs to build their own profitable retail outlets. With a focus on the beauty industry, which is projected to continue its upward trajectory, Erisha is positioning itself as a leader in the cosmetics space, making it an exciting and lucrative investment for those interested in retail business ownership.

Company Overview

Erisha, through its association with Edria Services, aims to revolutionize the beauty and cosmetics retail landscape, particularly in West Bengal, by opening 100 exclusive franchisee outlets across the region. The name Erisha is rapidly becoming synonymous with high-quality, affordable, and trendy beauty products, offering customers a wide selection of cosmetics, skincare, deodorants, and other personal care essentials. The company's broad product range caters to a diverse audience, from everyday users to beauty enthusiasts, ensuring a wide market reach.

Erisha’s business model is rooted in providing guaranteed earning potential for its franchisees with minimal investment requirements. This makes the brand not only accessible to a wide range of potential entrepreneurs but also gives them the confidence to invest in a low-risk, high-reward opportunity.

Franchise Opportunity: A Guaranteed Earning Business

Erisha offers a guaranteed earning business opportunity, which ensures that franchisees can expect consistent returns. The company promises earnings of up to Rs. 20,000+ per month for those who invest in a retail outlet of just 50 sq. ft. This is a minimal space requirement, allowing individuals to start their business with low capital expenditure and a relatively small physical footprint. This makes it an ideal opportunity for entrepreneurs looking to enter the retail business with minimal risk while tapping into the lucrative cosmetics market.

The franchise scheme offered by Erisha is designed to provide franchisees with a stable income stream, robust support, and a significant opportunity for growth. The combination of low initial investment, guaranteed income, and high-profit potential makes this opportunity attractive to those with the drive to succeed in the retail sector.

Franchisee Scheme Breakdown

To better understand the details of this exciting business opportunity, let’s break down the key elements of the Erisha Franchisee Scheme.

Eligibility Criteria

To qualify as a franchisee of Erisha, the applicant must meet the following eligibility criteria:

• Minimum 50 sq. ft. retail outlet: This is the minimum required space for setting up an Erisha outlet. The compact nature of the franchise outlet allows entrepreneurs to open a store even in smaller retail spaces, making it ideal for high footfall areas such as local markets, shopping centers, or even standalone kiosks.
• Retail outlet ownership: The applicant must either own or lease the retail space. The retail outlet should be easily accessible to potential customers, ideally in high-traffic areas where there is a demand for beauty products.

Investment Requirement

The financial commitment to become a franchisee of Erisha is minimal compared to other business opportunities in the retail sector. There are two components to the investment:

1. Security Deposit: A refundable security deposit of Rs. 1,00,000/- or 40% of Sales Value (whichever is higher). This deposit is refundable at the end of the franchise agreement, and the best part is that it will also earn a bank interest rate, ensuring that franchisees get a return on this deposit, adding to their earnings.
2. Stock Investment: Franchisees are also required to purchase stock for their outlet. The investment required for stock will vary depending on the sales volume and demand in the region, but it is structured in a way that ensures a low initial outlay for the franchisee while still allowing them to maintain an adequate inventory of products to sell.

This dual structure allows the franchisee to secure their business with a reasonable deposit while also ensuring that they can access the products needed to start generating revenue immediately.

Profit Margin and Earnings

One of the most compelling aspects of the Erisha franchise opportunity is the profit margin. Franchisees can earn 10% profit on sales up to Rs. 1,00,000/-, and 8% profit on sales above Rs. 1,00,000/-.

For example:

• On sales of Rs. 50,000, the franchisee earns Rs. 5,000 (which is 10% of Rs. 50,000).
• If sales increase to Rs. 1,50,000, the franchisee would earn Rs. 13,000 (Rs. 10,000 for the first Rs. 1,00,000 and Rs. 3,000 for the sales above Rs. 1,00,000 at 8%).

This structure ensures that franchisees can expect consistent and increasing profitability as their sales grow. Additionally, the guaranteed income from Rs. 50,000 in sales value in the first month ensures that franchisees will start earning from day one, which significantly reduces the risk associated with starting a new business.

Guaranteed Income

Erisha offers a minimum business guarantee to its franchisees. From the very first month, franchisees are guaranteed Rs. 50,000 sales value, which translates to an income of at least Rs. 5,000 (10% of Rs. 50,000 sales value). This provides franchisees with a level of financial security from the outset, ensuring that they start their journey with a guaranteed return on investment.

This structure gives potential franchisees peace of mind, knowing that their investment is supported by a business model that has been designed to ensure a stable and predictable income. As the franchisee’s sales grow, their earnings will naturally increase, providing an opportunity for greater profitability in the long run.

Contract Tenure (Lock-in Period)

Erisha’s franchise agreement comes with a minimum lock-in period of 5 years. This is a standard practice in franchise businesses, ensuring that both the company and the franchisee are committed to the long-term success of the partnership. The lock-in period allows Erisha to provide consistent support, training, and resources to its franchisees while ensuring that the franchisee has ample time to recoup their investment and start generating profits.

At the end of the 5-year term, the agreement can be renewed, provided both parties are satisfied with the performance and terms of the partnership.

Other Terms and Conditions

In addition to the above, the franchise agreement includes other standard terms and conditions that are in place to ensure the smooth functioning of the business. These terms are designed to protect both the franchisor (Erisha) and the franchisee and to maintain the integrity of the brand. Some of these terms include guidelines on inventory management, marketing support, product pricing, and customer service standards.

Franchisees are expected to follow company policies related to branding, marketing, and customer service to maintain a consistent customer experience across all Erisha outlets. These policies ensure that the brand continues to grow and build trust with customers, which is essential for long-term success.

Why Choose Erisha?

1. Proven Business Model: Erisha is backed by the expertise of Edria Services, a company with experience in the retail and cosmetics industry. The brand has a proven track record, and its franchise model is designed to deliver guaranteed returns with minimal risk.
2. Low Investment, High Returns: With a low initial investment requirement and guaranteed earnings, the Erisha franchise is one of the most affordable and profitable opportunities available.
3. Lucrative Market: The beauty and personal care industry is booming, with cosmetics and deodorants being everyday essentials for a wide range of consumers. The growing demand for these products makes it an ideal time to enter the market.
4. Brand Support: Erisha provides comprehensive support, including marketing materials, training, and a streamlined supply chain to ensure that franchisees can operate their outlets efficiently and profitably.