Foot Lounge is a Multibrand sports footwear and apparel chain housing top 4 international brands Adidas, Sketchers, Puma and Reebok.
We have 17 Outlets in Tamil Nadu. We are looking for expansion in South India.
Operations Commenced On 2007
Franchise Commenced On 2018
Investment INR 30lakh - 50lakh
Franchise/Brand Fee INR 50000
Royalty/Commission 10 %
Anticipated percentage return on investment 24 %
Likely pay back period of capital for a Unit Franchise 1-3 Months
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Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
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Type of property required for this franchise opportunity Commercial
Floor area requirement 600 - 1200 Sq.ft
Preferred location of unit franchise outlet Main Road
Detailed operating manuals for franchisees Yes
Franchisee training location Chennai
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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